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Investment Highlights

  • Three-family home with a finished basement
  • R5 Zoning with future development potential
  • South-facing with abundant natural light
  • Building Size: Approx. 22’ × 60’
  • Delivered Vacant – move in or set your own rents

Executive Summary

Sale Notes – 3935 Barnes Ave, Bronx, NY
Excellent investment opportunity in the desirable Wakefield section of the Bronx. This well-maintained three-family property offers strong income potential with additional upside. The property features a finished basement, private backyard, and three detached garages, providing multiple income streams.
The first floor consists of a spacious 3-bedroom layout with a legal enclosed porch. The second and third floors each offer 2-bedroom apartments. Conveniently located near the 2 train, shopping, schools, and major transportation.
Projected Monthly Income:
* 1st Floor: $3,500
* 2nd Floor: $3,000
* 3rd Floor: $3,000
* Finished Basement: $2,000
* Three Garages: $1,000
Total Projected Income: Approximately $12,500 per month.
A rare opportunity for both investors and owner-occupants seeking immediate cash flow and long-term appreciation potential.

Financial Summary (Actual - 2025)

Annual (CAD) Annual Per AC (CAD)
Gross Rental Income $17,566 $176,191.08
Other Income - -
Vacancy Loss - -
Effective Gross Income $17,566 $176,191.08
Net Operating Income - -

Financial Summary (Actual - 2025)

Gross Rental Income (CAD)
Annual $17,566
Annual Per AC $176,191.08
Other Income (CAD)
Annual -
Annual Per AC -
Vacancy Loss (CAD)
Annual -
Annual Per AC -
Effective Gross Income (CAD)
Annual $17,566
Annual Per AC $176,191.08
Net Operating Income (CAD)
Annual -
Annual Per AC -

Property Facts

Price $1,826,890 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Mixed Use
  • Multifamily
  • Apartment Units - Condo
Total Lot Size 0.10 AC
Zoning R5

1 Lot Available

Lot 04837-0006

Price $1,826,890 CAD
Price Per AC $18,319,278.29 CAD
Lot Size 0.10 AC

R5 Zoning 28*155ft Lot 7 mins walking to #2 Subway station On Main RD Deliver Vacant

Description

A spacious three-family home with a finished basement and three-car garage in the heart of Wakefield, Bronx. Ideal for end-users, investors, or developers, this well-maintained property offers exceptional flexibility and future potential. Property Features: • Three-family home with a finished basement • Building Size: Approx. 22’ × 60’ • Finished basement. • Rear Yard: Detached 3-car garage Location Highlights: • Approximately 5 minutes to the #2 subway line • Convenient access to shopping, restaurants, schools, and major transportation routes • Situated on a quiet residential block in the desirable Wakefield neighborhood A unique opportunity offering space, versatility, and long-term upside in one of the Bronx's most established communities. • Lot Size: Approx. 28’ × 155.3’ • R5 Zoning with future development potential • Delivered Vacant – move in or set your own rents • South-facing with abundant natural light Layout: • 1st Floor: 3 bedrooms, 2 living areas, 1 bathroom, plus a legal enclosed porch • 2nd Floor: Two separate 2-bedroom, 1-bathroom apartments

Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
100/100
Very bikeable
80/100

Property Taxes

Property Taxes

Parcel Number
04837-0006
Land Assessment
$10,216 CAD (2026)
Improvements Assessment
$48,824 CAD (2026)
Total Assessment
$59,040 CAD (2026)
  • Listing ID: 40717356

  • Date on Market: 2026-05-29

  • Last Updated:

  • Address: 3935 Barnes Ave, Bronx, NY 10466

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