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3969 Carpenter Avenue, 
Bronx, NY 10466

$1,199,000

11

Beds

6

Baths

3,471

Sq Ft

Multi-Family

Active

Listed by

Shuai Zheng

Realmart Realty LLC.

Last updated:

October 15, 2026, 12:18 PM

MLS#

1055934

Source:

OneKey MLS

About This Home

3969 Carpenter Avenue

Exceptional Investment Opportunity – Legal 3-Family Property in the Bronx Rare opportunity to own a legal 3-family income-producing property in the Bronx, offering strong current rental income, flexible living space, and significant potential for future rental growth. Property Configuration 1st Floor + Basement 2-bedroom / 2-bathroom apartment Current rent: $2,600/month Finished basement providing big additional flexible space 2nd Floor 3-bedroom / 2-bathroom apartment Current rent: $2,600/month 3rd Floor 3-bedroom / 2-bathroom apartment Current rent: $2,600/month Property Taxes: $10,486/year Insurance: $3,730/year Total Property Tax & Insurance: $14,216/year Below-Market Rents: Current rents are below estimated market levels, providing meaningful potential for future rental growth Tenants pay their own heat and gas Property Highlights Legal 3-Family Property Approximately 3,471 SF 3 units / 8 bedrooms / 6 bathrooms Three full residential floors Flexible 2-bedroom and 3-bedroom layouts Finished basement with additional flexible space Strong current rental income with significant potential for rent increases Relatively low property taxes and insurance expenses Excellent opportunity for investors seeking current cash flow and future rental upside

Home Facts

Multi-Family

6 Baths

11 Bedrooms

Built in 2005

Price Summary

1,199,000

$345 per Sq. Ft.

MLS #:

1055934

Last Updated:

October 15, 2026, 12:18 PM

Added:

18 day(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

11

Bathrooms

Total Bathrooms:

6

Full Bathrooms:

6

Structure

Structure

Building Area:

3,471 Sq. Ft.

Year Built:

2005

Lot

Lot Size (Sq. Ft):

2,225

Finances & Disclosures

Finances

Price:

$1,199,000

Price per Sq. Ft:

$345 per Sq. Ft.

Source:OneKey MLS
Copyright 2026 OneKey MLS. All rights reserved. Listings courtesy of OneKey MLS as distributed by MLS GRID . OneKey MLS provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. OneKey MLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of OneKey MLS.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.