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3650 Waldo Avenue, Bronx, NY, 10463

6beds
4baths
2,816sqft
$899,000
$319price/sqft
$6,011/moest. monthly cost
$240,440/yrincome needed

About This Home

PRICE REDUCTION!!! EXCEPTIONAL INVESTMENT OPPORTUNITY in Prime Riverdale! Nestled on an expansive 7,038 sq ft lot, this beautifully maintained multifamily home is a true gem for savvy investors or families seeking income-generating potential. Boasting three distinct residential units, this versatile property is perfect for multigenerational living or creating multiple revenue streams. Each unit features inviting living spaces, well-appointed kitchens, and comfortable bedrooms and baths. But that's not all—this property also includes five dedicated parking spots, currently leased at $200 each for a total of $1,000/month. Additional income includes $1,400 from a 1 bedroom unit and $2,000 from Apartment 2, with the owner’s 3 bedroom 2 bath unit offering a projected rental value of approximately $3,700/month. Situated just minutes from lush parks, top-tier schools, major highways, and public transportation, this location offers the perfect blend of accessibility and neighborhood charm. Whether you're looking to offset your mortgage or grow your real estate portfolio with a high-yield asset, this Riverdale opportunity is not to be missed. Bonus features include on-site storage and a sizable lot with potential for future development. Property will be delivered vacant, giving you full flexibility from day one.

Getting Around

95
WalkingWalker's Paradise
0
TransitVery Limited Transit
48
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Property condition: Actual
  • Year built: 1962

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex,Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Partial

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • First Floor Bedroom,First Floor Full Bath

Heating & Cooling

  • Heating features: Has Heating (Unspecified Type)
  • Cooling features: Wall/Window Unit(s)

Interior Area

  • Total structure area: 2,816
  • Total interior livable area: 2,816 sqft

Property

Details

  • Parcel number: 057690123
  • Special condition: None

Lot

  • Lot size: 7,038 sqft

Parking

  • Total spaces: 5
  • Parking features: Driveway
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Heat Wave
Inland Flooding
Strong Wind
Winter Weather
Tsunami

FEMA Declared Disasters in Bronx County and New York

Flood
Severe Storm
Snowstorm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,545$54,540
Home Insurance *$417$5,004
Property Taxes $584$7,008
Electricity $465$5,584
Total$6,011$72,132
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$206,091/yr
40% on housing$180,330/yr
45% on housing$160,293/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 3.3%
3.3%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -0.5%
-0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$319This listing

vs Other Active Listings

Avg $/sqft

ZIP 10463$347
Bronx County$399

vs Homes Sold Last Month

Median $/sqft

ZIP 10463$498
Bronx County$409

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-05-13Price change$899,000
2025-04-21Listed for sale$1,050,000
2025-04-05Listing removed$1,100,000
2025-01-22Listed for sale$1,100,000
2024-12-04Listing removed$1,100,000
2024-06-21Price change$1,100,000
2024-04-12Listed for sale$1,250,000
1998-09-09Sold$238,000

For Sale by Agent

AgentAbel Brea
BrokerageYourHomeSold Guaranteed Realty

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