Multifamily
3560 Olinville Avenue
3560 Olinville Avenue, Bronx, NY 10467
Listing Price: $6,900,000
Investment Overview
Marcus & Millichap is pleased to offer 3560 Olinville Avenue, an opportunity to acquire a substantial multifamily asset in the Williamsbridge section of the Bronx. The property comprises 85 rent-stabilized residential units across approximately 79,098 square feet, offering significant scale with a predominantly one-bedroom unit mix.
The unit mix consists of 2 studios, 64 one-bedroom apartments, and 19 two-bedroom apartments, with an average monthly rent of approximately $1,576 per unit. The building is nearly fully occupied, with only one vacant unit.
Situated near White Plains Road and East Gun Hill Road, the property offers convenient access to neighborhood retail, services, and transportation options.
Listing Price: $6,900,000
Investment Highlights
- 3560 Olinville Avenue, built in 1931, is a 85-unit multifamily asset spanning 6 stories and approx. 79,098 SF
- Tax Class: 2 | Zoning: R6A | 100% Rent-Stabilized
- 3560 Olinville Avenue is in close proximity to Metro North, Bus and the 2 & 5 Subway Lines/
Investment Overview
Marcus & Millichap is pleased to offer 3560 Olinville Avenue, an opportunity to acquire a substantial multifamily asset in the Williamsbridge section of the Bronx. The property comprises 85 rent-stabilized residential units across approximately 79,098 square feet, offering significant scale with a predominantly one-bedroom unit mix. The unit mix consists of 2 studios, 64 one-bedroom apartments, and 19 two-bedroom apartments, with an average monthly rent of approximately $1,576 per unit. The building is nearly fully occupied, with only one vacant unit. Situated near White Plains Road and East Gun Hill Road, the property offers convenient access to neighborhood retail, services, and transportation options.
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