3530 Mickle AVE Bronx, NY 10469
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID L3593290
HOA Y/N No
Rental Info No
Year Built 2018
Annual Tax Amount $3,698
Property Sub-Type Retail
Source onekey2
Property Description
Located in the sought-after Williamsbridge section of the Bronx, this exceptional 28-unit property offers strong cash flow, modern amenities, and long-term upside. Benefiting from a 421a Tax Abatement, this income-producing asset is ideal for savvy investors or a 1031 exchange.
All units are fully electric—no gas—with tenants responsible for all utilities, minimizing operating costs. Each unit is equipped with individual hot water tanks (28 total), stainless steel appliances, and efficient Mitsubishi split-unit heating & cooling systems. A studio super's unit is also included.
Additional features include:
Digital video intercoms in each unit
Interior & exterior surveillance cameras
24 outdoor parking spaces
Low operating expenses
NOI: $705,068 | Net Cap Rate: 6.1%
This is a turn-key asset in a thriving Bronx neighborhood—perfect for portfolio expansion with minimal management headaches.
Location
State NY
County Bronx County
Interior
Interior Features Smart Thermostat
Heating Electric, ENERGY STAR Qualified Equipment
Fireplace No
Exterior
Total Parking Spaces 24
Private Pool No
Building
Story 4
Others
Special Listing Condition None
Salmon Real Estate has been selling residential homes and commercial property on Staten Island since 1956, making us the oldest independent real estate firm on Staten Island.
Our invaluable experience and resources means your needs are our priority. Salmon’s hands-on, team approach means we treat your real estate transaction as if it were our own: personally, professionally, and with over a half-century of know-how.
If you're interested in this listing and would like to learn more, just drop us your name info here and we'll get straight back with you to discuss it. We look forward to speaking with you.