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About This Home

This 4-bedroom, 0-bathroom residential multi family at 4733 Carpenter Avenue in Bronx, NY is listed for $899,000. Built in 1931, on a 0.11 acres lot.

Agent Description

Exceptional opportunity to own a detached legal 2-family income-producing property situated on an oversized R4A lot in the highly sought-after Wakefield section of the Bronx. Combining strong rental income, private parking, valuable land opportunity, and future upside, this property presents a rare investment opportunity in one of the Bronx's most consistently high-demand rental markets.

The home is currently configured with two spacious 2-bedroom, 1-bath apartments with established program tenants in place generating stable income, plus a finished walk-out basement featuring an additional 1-bedroom, 1-bath layout offering flexible bonus living space.

Property is being sold occupied, making this an ideal turnkey hold opportunity for investors or end-users seeking immediate passive income potential. Set on an oversized lot with R4A zoning, the property offers exceptional outdoor space, private parking, and potential opportunities for future expansion, customization, or redevelopment subject to buyer's own due diligence.

Detached legal multifamily homes with land value and income potential are increasingly difficult to find in today's Bronx market. Conveniently located near major transportation, shopping, restaurants, schools, and neighborhood amenities, this property offers both long-term appreciation potential and immediate cash-flow opportunity.

Whether you are an investor expanding your portfolio, a 1031 exchange buyer, or an owner-occupant looking to offset your mortgage with rental income, this is a rare chance to secure a high-demand Bronx asset with multiple layers of value. No known DOB or HPD violations. Sold as-is and delivered occupied. Serious buyers and investors only.

Key Features

  • Built in 1931
  • 0.11 acre lot
  • 6 parking spaces

Property Details

6 spaces
1931

Amenities

A/C

Monthly Cost Estimate

$4,808/mo

20% down · 6.5% · 30 years

Principal$650
Interest$3,896
Insurance$262

Estimates only. Actual payments may vary.

Location

4733 Carpenter Avenue

Bronx, NY 10470

Features & Amenities

Interior Features

First Floor Bedroom

Property Details

Construction

Brick Frame

Parking

Driveway

Heating

Natural Gas

Cooling

Wall/Window Unit(s)Window Unit(s)

Questions & Answers

This 4-bedroom, 0-bathroom residential multi family at 4733 Carpenter Avenue is listed at $899,000. The estimated monthly payment is $3,896 based on 20% down at 6.5% interest.

Key features include: Built in 1931, 0.11 acre lot, 6 parking spaces. Interior Features: First Floor Bedroom.

This property is listed by Rashmi George and can be reached at 7186449512 or r.george@kw.com.

RG

Rashmi George

Agent at Keller Williams Realty Group

(718) 644-9512

Listed by Keller Williams Realty Group · View on Broker Site

MLS# 1004320· Source: listhub· Updated 6 days ago

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

4733 Carpenter Avenue, Bronx, NY 10470

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