3054 Barker Avenue, Bronx, NY 10467 An outstanding investment opportunity in the heart of Olinville, Bronx. This 4-story, legal 3-family brick building offers strong cash flow, government-backed Section 8 rents, and significant upside potential in one of the borough's most resilient rental markets. Meticulously maintained and built in 1925, the property boasts solid pre-war construction, spacious layouts, and zero deferred maintenance-perfect for passive or hands-on investors. Each unit is fully rented at strong Section 8 rates, ensuring stable income with 100% rent collection. Highlights: Legal 3-family across 4 full floors Gross Rent: $150K | Over 11% cap rate 100% occupied with reliable Section 8 tenants R5 zoning with future upside No renovations needed - fully stabilized Prime location on a quiet, tree-lined block Location Perks: Under 5 minutes to the 2 & 5 subway lines Near Bronx Zoo, Botanical Garden, shopping, dining, and schools With strong tenancy, quality construction, and unbeatable transit access, this is a rare, high-yield asset in a growing neighborhood. Avraham Birnbaum - Twelve Stones Realty
For sale
$1,100,000
3054 Barker Ave, Bronx, NY 10467
9beds
3,640sqft
Multi Family
Built in 1925
-- sqft lot
$1,067,700 Zestimate®
$302/sqft
$-- HOA
What's special
Spacious layouts
- 34 days
- on Zillow |
- 285 |
- 10 |
Zillow last checked: 7 hours ago
Listing updated: June 23, 2025 at 12:12pm
Listing by:
Discover LLC 347-876-9337,
Liron Iskhakbayev 347-876-9337
Source: NY State MLS,MLS#: 11519104
Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 4
- Full bathrooms: 4
Rooms
- Room types: Dining Room, Living Room
Kitchen
- Features: Eat-in Kitchen
Heating
- Oil
Features
- Basement: Finished
- Has fireplace: No
Interior area
- Total structure area: 3,640
- Total interior livable area: 3,640 sqft
- Finished area above ground: 3,640
Property
Features
- Stories: 4
- Frontage length: 0
Lot
- Size: 2,370 Square Feet
Details
- Parcel number: 045440049
- Lease amount: $0
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame, Aluminum Siding
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1925
Utilities & green energy
- Electric: Amps(0)
- Sewer: Municipal
- Water: Municipal
Community & HOA
Community
- Subdivision: East Bronx
HOA
- Has HOA: No
Location
- Region: Bronx
Financial & listing details
- Price per square foot: $302/sqft
- Tax assessed value: $948,000
- Annual tax amount: $7,546
- Date on market: 6/17/2025
- Date available: 06/01/2025
- Listing agreement: Exclusive
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