$9,999,999
0.31 Acres
5 Canal Place
Bronx, NY 10451
Listed with Serhant East End LLC
$10,800,000
Est. $53,706/moBronx, NY 10469 · The Bronx
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Prime 28-Unit Investment Opportunity in Williamsbridge, Bronx Located in the sought-after Williamsbridge section of the Bronx, this exceptional 28-unit property offers strong cash flow, modern amenities, and long-term upside. Benefiting from a 421a Tax Abatement, this income-producing asset is ideal for savvy investors or a 1031 exchange. All units are fully electric—no gas—with tenants responsible for all utilities, minimizing operating costs. Each unit is equipped with individual hot water tanks (28 total), stainless steel appliances, and efficient Mitsubishi split-unit heating & cooling systems. A studio super’s unit is also included. Additional features include: Digital video intercoms in each unit Interior & exterior surveillance cameras 24 outdoor parking spaces Low operating expenses NOI: $705,068 | Net Cap Rate: 6.1% This is a turn-key asset in a thriving Bronx neighborhood—perfect for portfolio expansion with minimal management headaches.
Listed with Blue Key Real Estate Brokerage · Reginald Brannen · Source: OneKey MLS
Information provided by One Key MLS, and is deemed reliable but not guaranteed accurate. Data last updated: Sep 18, 2026, 12:09 PM ET. ©2026 One Key MLS.
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Market Insights
Current Listings
New in the last 30 days
349
Sep 2026
Average Price
Active listings
$777,323
Sep 2026
Average Days on Market
Active listings
170 days
Sep 2026
Computed from 2,249 active OneKey MLS listings in Bronx, NY.