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3935 Barnes Ave 0.1 Acres of Commercial Land Offered at $1,826,890 CAD in Bronx, NY 10466



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
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
1 Lot Available
Lot 04837-0006
| Price | $1,826,890 CAD | Lot Size | 0.10 AC |
| Price Per AC | $18,319,278.29 CAD |
| 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
Property Taxes
| Parcel Number | 04837-0006 | Improvements Assessment | $48,824 CAD (2026) |
| Land Assessment | $10,216 CAD (2026) | Total Assessment | $59,040 CAD (2026) |
Property Taxes
Presented by
3935 Barnes Ave
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