www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
33347953
33347954

2722 WALLACE AVE, BRONX, NY 10467

VN
NY 10491202180
Link NY Realty
Listed by Link NY Realty
$999,000
10 days on market
Updated 6 days ago

2722 WALLACE AVE BRONX NY 10467

Details
APN 04512-0008
Property Type Multifamily
Square Footage 3,276
Units 3
NOI $6,667
Year Built 2002
Stories 3
Lot Size (SqFt) 2,100

About This Property

Marketing description

Multifamily • 3 Units • 3,276 SF

Investment highlights

2 fully occupied apartments · 3rd Floor Unit Comes Vacant. $6,667/mo gross income · New construction.

Excellent condition, minimal maintenance Tenants pay heat & electric.

Low landlord expenses. Non-Article XI. Maximum rent flexibility.

Finished basement provides additional usable space.

Exceptional investment opportunity! This non-Article XI multifamily property features three spacious apartments, each offering 3 bedrooms and 2 full bathroom. The building also includes a finished basement, providing additional usable space and flexibility. Recently constructed from the ground up, this property is in excellent condition and requires minimal maintenance. Tenants are responsible for their own heat and electric, while the landlord pays only water and insurance, helping to maximize net operating income. Ideally located in a prime area close to shopping, restaurants, schools, public transportation, and major highways, this property offers strong rental appeal and long-term investment potential. Whether you are looking to expand your portfolio or acquire a turnkey income-producing asset, this is an opportunity you do not want to miss.

Listing Contacts

VN
NY 10491202180
Link NY Realty
Listed by Link NY Realty

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$6,667.00
$555.58/mo

Valuation Metrics

0
DSCR
0.67%
Cap Rate
0.67%
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591