3534 Bronx Boulevard
Multifamily | 10.38% CAP | 65 Units
Marketing description
GFI Realty Services is pleased to present the exclusive offering of 3534 Bronx Boulevard, a six-story elevator building comprising 65 rent-stabilized apartments across approximately 63,388 square feet in the Olinville section of the Northeast Bronx. The unit mix comprises 11 studios, 36 one-bedroom, 11 two-bedroom, and 7 three-bedroom apartments. The property benefits from immediate access to the retail corridors along White Plains Road and Gun Hill Road, with the 2 and 5 subway lines at Gun Hill Road and multiple bus routes all within walking distance, providing direct service to Midtown Manhattan. Van Cortlandt Park, Pelham Bay Park, and Montefiore Medical Center are all in proximity, making 3534 Bronx Boulevard a well-located asset in one of the Northeast Bronx's most established rental submarkets.
Investment highlights
- 10% Cap Rate | 4.5x RR
- 6-story elevator
- 65 apartments
- Easily accessible via mass transit
- Proximity to Retail Corridors
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