4383 Matilda Avenue
Bronx, NY 10466
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Bed
0
Bath
0.06Acre(Lot)
Prime Wakefield Investment — 7-Unit Income-Producing Property Near Transit. Exceptional opportunity to own a brick 3-story multifamily building in the Wakefield section of the Bronx—one of the city’s strongest and most consistent rental markets. 7 total income-generating units, including: • Five 2-bedroom apartments • One 1-bedroom apartment • Bonus 2-bedroom unit in the basement Perfect for investors seeking strong cash flow, portfolio expansion, or owner-occupants looking to offset living costs with rental income. • Gross Rental Income: $169,020 annually • Total Expenses: $58,427.72 • Net Operating Income (NOI): $110,592.28 • Cap Rate: ~7.1% • GRM (Gross Rent Multiplier): ~9.2 Major capital improvements completed (boiler, roof, gas lines, oil tanks). Just 2 blocks from the Nereid Ave / W
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Room Information
Basement: Finished, Walk-Out Access -
Heating & Cooling
Has Heating: Yes Heating: Oil Has Cooling: Yes Cooling: Wall/Window Unit(s)
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Building Information
Year Built: 1930 Building Area Total: 5850 Construction Materials: Brick Private Pool: No
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Lot Information
Lot Size Acres: 0.0574 Lot Size Square Feet: 2500
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Listing Price Information
Listing Price: $1555000
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Tax Information
Parcel Number: 05040-0038 Annual Tax: $29539.88
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Parking Information
On Street
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Utility Information
Natural Gas Available, Electricity Connected, Natural Gas Connected, Water Connected -
Location Information
WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 3919 Pratt Avenue, Bronx, NY, 10466 | $1,200,000 | 8 | 3 | -- | |
| 3924 Duryea Avenue, Bronx, NY, 10466 | $959,999 | 5 | 2 | -- | |
| 3964 Duryea Avenue, Bronx, NY, 10466 | $1,099,000 | 6 | 3 | -- | |
| 3968 Duryea Avenue, Bronx, NY, 10466 | $1,099,000 | 6 | 3 | -- | |
| 1389 E 233rd Street, Bronx, NY, 10466 | $1,250,000 | 4 | 3 | -- | |
| 3683 Boller Avenue, Bronx, NY, 10466 | $850,000 | 5 | 3 | -- | |
| 3532 Ely Avenue, Bronx, NY, 10466 | $875,000 | -- | 2 | -- | |
| 4016 Wilder Avenue, Bronx, NY, 10466 | $950,000 | 6 | 2 | -- | |
| 1283 E 223rd Street, Bronx, NY, 10466 | $1,049,000 | 6 | 4 | -- | |
| 4013 De Reimer Avenue, Bronx, NY, 10466 | $700,000 | -- | -- | -- |
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ByOwner last updated this listing 06/08/2026 @ 13:37
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