Investor Overview — 3530 Willett Avenue, Bronx, NY Brand-new, fully vacant 8-unit multifamily investment located in the Williamsbridge section of the Bronx. This newly constructed property features a strong, market-proven unit mix of six (6) one-bedroom apartments and two (2) studio apartments, all delivered with modern finishes, efficient building systems, and excellent natural light. The asset benefits from a 30-year tax abatement, resulting in exceptionally low operating expenses and highly predictable cash flow. Offered 100% vacant, the building allows an investor to lease at market rents immediately with no tenant risk, no deferred maintenance, and minimal ongoing management. At a $2, 950, 000 asking price, the property projects approximately $244, 000 in gross annual income and $207, 000 in NOI, producing around ~7.0% cap rate on a brand-new, tax-advantaged asset — a rare profile in New York City. Ideally positioned near public transportation, retail corridors, and schools, this turnkey opportunity is well-suited for investors seeking long-term stability, tax efficiency, and rental upside in a growing Bronx submarket.
