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33422030
33422029

3534 Bronx Boulevard, New York City, NY 10467

TD
NY 10491205528
GFI Realty Services LLC
ZF
GFI Realty Services
Listed by GFI Realty Services LLC, GFI Realty Services
$5,500,000
16 days on market
Updated 16 days ago

3534 Bronx Boulevard

Details
APN 4641-10
Property Type Multifamily
Sub Type Apartment Building
Square Footage 63,388
Units 65
Cap Rate 10.38%
NOI $570,894
Occupancy 95%
Tenancy Multi
Price per SqFt $87
Year Built 1927
Buildings 1
Stories 6
Acreage 0.282
Zoning R6A
Investment Type Stabilized

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

Listing Contacts

TD
NY 10491205528
GFI Realty Services LLC
ZF
GFI Realty Services
Listed by GFI Realty Services LLC, GFI Realty Services

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$570,894.00
$47,574.50/mo

Valuation Metrics

0
DSCR
10.38%
Cap Rate
10.38%
ROI

Map

Zoning

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R6A ResidentialMulti FamilyGeneral Residence
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Last updated Apr 22, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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