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Investment Highlights

  • This meticulously maintained asset is composed of 1 one-bedroom, 12 twobedroom, and 9 three-bedroom apartments. The building spans 22,000 square feet.
  • 7.3% Cap Rate | $100,000 Per Unit | $100 Per Square Foot
  • Steps from Williamsbridge Oval, Montefiore Hospital, the Norwood D train, Williamsbridge Station, and the New York Botanical Garden.

Executive Summary

The New York Multifamily Team at Marcus & Millichap is pleased to offer the following opportunity in Norwood, one of the most sought-after submarkets in the Bronx. 3207 Hull Avenue is a 22-unit walk-up building located between East 205th and East 207th Streets, just off Bainbridge Avenue.

This meticulously maintained property has been professionally managed and operated by the same family for over 45 years.

3207 Hull Avenue is steps away from the Williamsbridge Oval Recreation Center, Montefiore Hospital, the Norwood D train, the Williamsbridge MTA station, and the New York Botanical Garden.

Property Facts

Price $3,103,804 CAD
Price Per Unit $141,082 CAD
Sale Type Investment
Cap Rate 7.30%
Gross Rent Multiplier 5.9
No. Units 22
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class C
Lot Size 0.11 AC
Building Size 22,000 SF
Average Occupancy 100%
No. Stories 5
Year Built 1915
Zoning R7B - Residential

Amenities

Unit Amenities

  • Heating
  • Refrigerator
  • Oven
  • Tub/Shower
  • Freezer

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Tenant Controlled HVAC
  • Smoke Free
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 1 - -
2+1 12 - -
3+1 9 - -
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
100/100
Very bikeable
80/100

Property Taxes

Property Taxes

Parcel Number
03346-0031
Land Assessment
$41,825 CAD
Improvements Assessment
$587,451 CAD
Total Assessment
$629,277 CAD
  • Listing ID: 41422705

  • Date on Market: 2026-07-24

  • Last Updated:

  • Address: 3207 Hull Ave, Bronx, NY 10467

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