3560 Olinville Ave
Bronx, NY 10467
Multifamily Property For Sale · 85 Units

3560 Olinville Avenue is located in the Williamsbridge section of the North Bronx, an established residential neighborhood backed by strong urban density.? Positioned just off major thoroughfares like White Plains Road and East Gun Hill Road, the property enjoys seamless connectivity to the rest of the borough and the tri-state area.? The surrounding neighborhood is characterized by a vibrant commercial pulse, anchored by a rich mix of neighborhood-serving retail, multi-cultural restaurants, and local businesses along key convenience corridors.? Driven entirely by its massive residential footprint, the submarket exhibits reliable, resilient demand patterns that set a highly durable framework for multi-unit properties.?
The location is highly attractive to a robust tenant base due to its stellar infrastructure and straightforward transit access.? The property is heavily favored by commuters, sitting within close walking distance to the 2 and 5 subway lines at the Gun Hill Road station, which provides a direct, reliable link into Manhattan and major employment hubs.? Reflecting the asset's exceptional efficiency, the underwriting operates on a current average residential rent of $1,463 per month, which heavily undercuts Manhattan pricing while keeping vacancy and collection losses strictly contained to a standard 5% metric.? Positioned directly within a dense residential pocket of the Bronx, 3560 Olinville Avenue stands as a fundamentally sound investment asset, capturing consistent tenant pools, minimal commercial market risk, and steady operational cash flows.?