$1,111,111
7 Beds
7 Baths
5,000 sqft
3018 Paulding Ave, Bronx, NY 10469
Est. Mortgage $6,744/mo*
Get Pre-QualifiedHome Highlights
Single-Family Home
Built in 1929
$222/sqft
Local Information
- Map ViewExplore the area around 3018 Paulding Ave.
- Schools1 Preschool School1 Elementary School3 Middle Schools1 High School
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About this House
7-Unit Multifamily | 3018 Paulding Avenue, Bronx, NY
Douglas Elliman is pleased to present an attractive 7-unit multifamily investment opportunity in the Bronx, offering investors the opportunity to acquire an income-producing residential asset with established rental income and a reported 7% capitalization rate.
This property is well suited for investors, portfolio builders, and owner-operators seeking a multifamily asset with in-place income and manageable scale.
INVESTMENT HIGHLIGHTS
● 7 Residential Units
● $168,744 Annual Rental/Gross Income
● $125,200 Reported Net Operating Income
● 7% Cap Rate
● All Units Reported Occupied
● 3 Garage/Parking Spaces
● Brick Construction
● R5 Zoning
● Full Basement — Partially Finished
● 7 Electric Meters
● 7 Gas Meters
● 7 Heating Units
● Tenants pay electricity and gas
● Approximately 0.60 miles to the nearest train
● Adjacent parcel included/associated with the building — buyer to independently verify lot
configuration and ownership
INCOME-PRODUCING ASSET
The property offers an established income stream with reported annual rental income of $168,744 and a reported $125,200 NOI, resulting in an indicated 7% capitalization rate.
The existing income profile provides an investor with immediate operating history while offering the potential to evaluate future performance through rental optimization, expense management, and long-term appreciation.
LOCATION
Situated on Paulding Avenue in the Bronx, the property benefits from its location within an established residential neighborhood with access to public transportation, local amenities, and surrounding residential and commercial development.
The nearest train station is reported at approximately 0.60 miles from the property, providing convenient access for residents.
PROPERTY & OPERATING PROFILE
The building is constructed primarily of brick and contains seven residential units. The property is serviced by public water and sewer, with oil/steam heating.
The reported operating expenses include approximately:
Annual Property Taxes: $22,224 Fuel Expense: $10,000
Insurance: $10,000
Common Area Maintenance: $1,320
Reported Total Operating Expenses: $53,544
The property has separate electric and gas metering, with tenants reported as responsible for
electricity and gas expenses.
DUE DILIGENCE
All financial, physical, zoning, occupancy, rent-regulation, tax, and operating information should be independently verified by the purchaser and purchaser's representatives.
Prospective purchasers should conduct their own due diligence, including review of leases, rent rolls, regulatory status, certificates of occupancy, zoning, taxes, expenses, operating statements, building systems, and any applicable rent-regulation requirements.
OPPORTUNITY
For investors seeking a Bronx multifamily asset with seven units, established rental income,
and a reported 7% cap rate, this property warrants serious consideration.
Qualified buyers are encouraged to review the opportunity, complete their due diligence, and
submit proposals for consideration.
For additional information, financials, rent roll, and showing instructions, please contact the listing representative.
All information is deemed reliable but is subject to verification and change.
Purchasers should rely on their own inspections and due diligence and not solely on the information contained herein.
Douglas Elliman is pleased to present an attractive 7-unit multifamily investment opportunity in the Bronx, offering investors the opportunity to acquire an income-producing residential asset with established rental income and a reported 7% capitalization rate.
This property is well suited for investors, portfolio builders, and owner-operators seeking a multifamily asset with in-place income and manageable scale.
INVESTMENT HIGHLIGHTS
● 7 Residential Units
● $168,744 Annual Rental/Gross Income
● $125,200 Reported Net Operating Income
● 7% Cap Rate
● All Units Reported Occupied
● 3 Garage/Parking Spaces
● Brick Construction
● R5 Zoning
● Full Basement — Partially Finished
● 7 Electric Meters
● 7 Gas Meters
● 7 Heating Units
● Tenants pay electricity and gas
● Approximately 0.60 miles to the nearest train
● Adjacent parcel included/associated with the building — buyer to independently verify lot
configuration and ownership
INCOME-PRODUCING ASSET
The property offers an established income stream with reported annual rental income of $168,744 and a reported $125,200 NOI, resulting in an indicated 7% capitalization rate.
The existing income profile provides an investor with immediate operating history while offering the potential to evaluate future performance through rental optimization, expense management, and long-term appreciation.
LOCATION
Situated on Paulding Avenue in the Bronx, the property benefits from its location within an established residential neighborhood with access to public transportation, local amenities, and surrounding residential and commercial development.
The nearest train station is reported at approximately 0.60 miles from the property, providing convenient access for residents.
PROPERTY & OPERATING PROFILE
The building is constructed primarily of brick and contains seven residential units. The property is serviced by public water and sewer, with oil/steam heating.
The reported operating expenses include approximately:
Annual Property Taxes: $22,224 Fuel Expense: $10,000
Insurance: $10,000
Common Area Maintenance: $1,320
Reported Total Operating Expenses: $53,544
The property has separate electric and gas metering, with tenants reported as responsible for
electricity and gas expenses.
DUE DILIGENCE
All financial, physical, zoning, occupancy, rent-regulation, tax, and operating information should be independently verified by the purchaser and purchaser's representatives.
Prospective purchasers should conduct their own due diligence, including review of leases, rent rolls, regulatory status, certificates of occupancy, zoning, taxes, expenses, operating statements, building systems, and any applicable rent-regulation requirements.
OPPORTUNITY
For investors seeking a Bronx multifamily asset with seven units, established rental income,
and a reported 7% cap rate, this property warrants serious consideration.
Qualified buyers are encouraged to review the opportunity, complete their due diligence, and
submit proposals for consideration.
For additional information, financials, rent roll, and showing instructions, please contact the listing representative.
All information is deemed reliable but is subject to verification and change.
Purchasers should rely on their own inspections and due diligence and not solely on the information contained herein.
Contact this Building
Last check for updates: about 3 hours ago
Listing by: Douglas Elliman, (917) 900-7394
Moin Siddiqui
Source: StreetEasy, MLS#S1846966
Also Listed on Douglas Elliman.
Home Details for 3018 Paulding Ave
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MLS Status: Active |
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Interior Details Number of Rooms: 28 |
Beds & Baths Number of Bedrooms: 7Number of Bathrooms: 7Number of Bathrooms (full): 7 |
Dimensions and Layout Living Area: 5000 Square Feet |
Heating & Cooling No Cooling |
Fireplace & Spa No Fireplace |
View No View |
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Parking & Garage No Garage |
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Days on Market: 1 |
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Year Built Year Built: 1929 |
Property Type / Style Property Type: ResidentialProperty Subtype: Rental Unit |
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Price List Price: $1,111,111Price Per Sqft: $222 |
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Direction & Address City: BronxCommunity: Bronxwood |
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Listing Agent Listing ID: S1846966 |
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Building Area Building Area: 5000 Square Feet |
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HOA Fee: No HOA Fee |
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Special Conditions: Resale |
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Mls Number: S1846966Listing Url |
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STREETEASY Property ID: 24372308STREETEASY Building ID: 6418382 |
Around this home
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Bronxwood
At least 785 Trulia users voted on each feature.
88 % Say it's walkable to grocery stores
87 % Say there are sidewalks
82 % Say it's dog friendly
77 % Say it's walkable to restaurants
67 % Say streets are well-lit
59 % Say there's holiday spirit
56 % Say kids play outside
52 % Say people would walk alone at night
50 % Say yards are well-kept
47 % Say car is needed
47 % Say they plan to stay for at least 5 years
45 % Say it's quiet
43 % Say neighbors are friendly
36 % Say there's wildlife
31 % Say there are community events
30 % Say parking is easy
Sourced by Trulia users. Learn more about our methodology.
Market trends in New York
Last updated August 2026
Avg. sale price
$818K
$21.67KMoM
Sale-to-List Price
98.1%
0.1%MoM
Price per sq ft
$704
$22MoM
Available listings
16526
1221MoM
Home Value
Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.12 | Single-Family Home | $313,500 | 06/29/26 | 4 | 3 | 1,782 | |
0.10 | Single-Family Home | $720,000 | 02/18/26 | 3 | 2.5 | 1,577 | |
0.22 | Single-Family Home | $680,000 | 06/01/26 | 4 | 2.5 | 1,828 | |
0.68 | Single-Family Home | $915,000 | 10/31/25 | 7 | 3.5 | 3,811 | |
0.27 | Single-Family Home | $795,000 | 10/23/25 | 4 | 2.5 | 1,945 | |
0.56 | Single-Family Home | $1,150,000 | 04/23/26 | 5 | 4 | 2,995 | |
0.23 | Single-Family Home | $705,000 | 02/20/26 | 3 | 3 | 1,480 | |
0.12 | Single-Family Home | $790,000 | 09/15/25 | 3 | 2 | 1,152 | |
0.28 | Single-Family Home | $707,000 | 09/29/25 | 4 | 2 | 1,620 | |
0.20 | Single-Family Home | $530,000 | 06/30/26 | 4 | 1.5 | 1,000 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.05 | $1,066,200 | 7 | 3 | 3,056 | Off Market | |
0.05 | $810,000 | 4 | 3 | 1,440 | Recently Sold | |
0.05 | $1,175,000 | 6 | 2 | 3,272 | For Sale | |
0.07 | $1,045,700 | 6 | 3 | 3,000 | Off Market | |
0.10 | $446,828 | Studio | - | - | Recently Sold | |
0.11 | $822,700 | 4 | 4 | 1,690 | Off Market | |
0.08 | $985,000 | 5 | 3 | 2,374 | Off Market | |
0.10 | $899,000 | 4 | 3 | - | For Sale | |
0.12 | - | 3 | 2 | 1,152 | Off Market | |
0.12 | $724,200 | 3 | 2.5 | 1,944 | Off Market | |
0.12 | $699,000 | 3 | 2 | 1,782 | For Sale |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Sep 12, 2026 Source: StreetEasy #S1846966 | Listed For Sale | $1,111,111 |
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
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Frequently asked questions about 3018 Paulding Ave
- What is the estimated monthly payment for 3018 Paulding Ave?Based on a $1,111,111 list price with 20% down at today's rates, the estimated monthly payment for 3018 Paulding Ave in Bronx, NY is approximately $6,920 (about $5,947 principal & interest, $898 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 3018 Paulding Ave compare to homes in Bronx?3018 Paulding Ave in Bronx, NY is listed at $1,111,111, about 36% above the $818K median sale price in Bronx.
- What do residents say about the Bronxwood neighborhood?Residents describe the Bronxwood neighborhood in Bronx, NY as walkable to grocery stores, pedestrian-friendly, and dog-friendly. See homes for sale in Bronxwood, Bronx.
- What are the closest schools to 3018 Paulding Ave?The closest schools to 3018 Paulding Ave in Bronx, NY are Bronx Green Middle School (rated 5/10), Bronx High School For Writing And Communication Ar, Bronx Park Middle School (rated 7/10).