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2366 Davidson Ave, Bronx, NY, 10468

10beds
1baths
5,500sqft
$3,100,000
$564price/sqft
$20,158/moest. monthly cost
$806,320/yrincome needed

About This Home

This newly constructed conversion 10-unit multifamily property in the Bronx which is fully free market presents a rare opportunity to acquire a turnkey asset built to exceptional standards. The building features a highly desirable unit mix of 8 one-bedroom units and 2 studios, all thoughtfully designed with modern layouts and premium finishes. Every unit is ADA compliant, offering long-term accessibility and broader tenant appeal, while the property benefits from all final sign-offs and a newly issued Certificate of Occupancy—eliminating any development risk and allowing for immediate income generation. Finished to an extremely high specification, the building delivers a luxury rental experience that supports strong rents and consistent demand. With limited expected turnover and a tenant profile aligned with stability, this asset is positioned to operate as a reliable, high-performing cash-flow investment. This is an ideal opportunity for investors seeking a low-maintenance, income-producing property in a strong rental market with long-term upside. -9 cap at occupancy - $265,000 NOI projected

Getting Around

94
WalkingWalker's Paradise
0
TransitVery Limited Transit
65
BikeBikeable

Schools

3/10
Ps 91 BronxGrades K-50.3 mi
3/10
Is 206 Ann MersereauGrades 6-80.2 mi

Construction

Condition

  • Year built: 1933

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 10
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Flooring: Hardwood

Interior Area

  • Total structure area: 5,500
  • Total interior livable area: 5,500 sqft

Property

Accessibility

  • Accessibility features: Wheelchair Access

Details

  • Parcel number: 031980141
  • Special condition: Resale