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$1,555,000 Just Listed
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Property Description
Prime Wakefield Investment - 7-Unit Income-Producing Property Near Transit. Exceptional opportunity to own a brick 3-story multifamily building in the Wakefield section of the Bronx-one of the city's strongest and most consistent rental markets. 7 total income-generating units, including: "¢ Five 2-bedroom apartments "¢ One 1-bedroom apartment "¢ Bonus 2-bedroom unit in the basement Perfect for investors seeking strong cash flow, portfolio expansion, or owner-occupants looking to offset living costs with rental income. "¢ Gross Rental Income: $169,020 annually "¢ Total Expenses: $58,427.72 "¢ Net Operating Income (NOI): $110,592.28 "¢ Cap Rate: ~7.1% "¢ GRM (Gross Rent Multiplier): ~9.2 Major capital improvements completed (boiler, roof, gas lines, oil tanks). Just 2 blocks from the Nereid Ave / White Plains Rd station (2 & 5 trains), offering a quick and convenient commute throughout NYC. Surrounded by local shops, restaurants, schools, and public transportation, making it extremely attractive to tenants.
Full Property Details
Full Property Details for 4383 Matilda Ave
General
- Price: $1,555,000
- Taxes: $29,539
- Status: Active
- Type: Commercial
- Source: Long_Island
- MLS ID: 981692
- Updated: 4/7/2026
- Added to Site: 2 day(s) ago
Parking
- Parking Features: On Street
Location
- County: Bronx County
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Oil
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Natural Gas Connected, Trash Collection Public, Water Connected
Structural Information
- Detached/Attached: Attached
- Construction: Brick
- Basement: Yes
- Basement Desc.: Finished, Walk-Out Access
- Building Size: 5850
- Square Feet: 5,850
- Year Built: 1930
Lot Features
- Lot Size (Acres): 0.0574
- Lot Size (Sq. Ft.): 2,500
- Zoning: R5A
Financial Considerations
- Tax Amount: $29,539.88
Disclosures and Reports
- Special Conditions: None
- Property ID: 05040-0038
Listed by At Home With Yara Realty
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Schools
Schools serving 4383 Matilda Ave
School District:New York City Geographic School District 11
| Name | Grades | Distance |
|---|---|---|
Ps 16 Wakefield 4550 Carpenter Ave, The Bronx, NY 10470 | 3-5 | 0.3 mi |
North Bronx School of Empowerment 3710 Barnes Ave, The Bronx, NY 10467 | 6-8 | 1.3 mi |
Leaders of Tomorrow 3710 Barnes Ave, The Bronx, NY 10467 | 6-8 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4383 Matilda Ave
Date
Details
Price
Change
Source
4/07/2026
Listed
$1,555,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 4383 Matilda Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$29,540
3%
$236,319
3%
2024
$28,619
8%
$228,917
8%
2023
$26,501
100%
$211,974
-26%
2022
100%
$288,000
3%
2021
-100%
$279,000
-9%
2020
$22,674
2%
$306,450
6%
2019
$22,208
16%
$288,900
77%
2017
$19,205
—
$163,057
8%
2017
$19,205
7%
$150,992
8%
2016
$18,028
—
$139,839
—
2015
$18,015
9%
$139,834
3%
2014
$16,488
6%
$135,454
8%
2013
$15,602
—
$125,429
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 4383 Matilda Ave
4383 Matilda Avenue, Bronx, NY 10466 (MLS# 981692) is a Commercial property. 4383 Matilda Avenue is currently listed for $1,555,000 and was received on April 07, 2026. Want to learn more about 4383 Matilda Avenue? Do you have questions about finding other Commercial real estate for sale in Bronx? You can browse all Bronx real estate or contact a Coldwell Banker agent to request more information.

