3961 Carpenter Ave

Exceptional multifamily investment opportunity in the highly sought-after Wakefield section of the Bronx.

Built in 2012, 3961 Carpenter Avenue is a six-story elevator building comprising 57 residential units and over

40,000 square feet of rentable space, offering investors a rare combination of scale, stability, and long-term

growth potential.

The property currently generates approximately $95,840 in monthly gross rental income, equating to more

than $1.15 million annually. With a strong operating history and high tenant demand, this asset provides

immediate cash flow and the opportunity for continued appreciation in one of New York City's strongest

rental markets.

Unlike many older multifamily buildings, 3961 Carpenter Avenue benefits from modern construction,

contemporary building systems, and efficient layouts designed to enhance tenant satisfaction while reducing

capital expenditure concerns. The property's attractive design, elevator service, and institutional-quality

presence make it a standout asset in the marketplace.

Ideally located near public transportation, major highways, shopping, dining, schools, and everyday

conveniences, the building enjoys excellent accessibility and a deep tenant pool. Its prime location and strong

fundamentals support consistent occupancy and long-term investment performance.

Rarely does a multifamily asset of this size and quality become available. Whether you're seeking stable cash

flow, portfolio expansion, or a well-positioned long-term hold, 3961 Carpenter Avenue offers an outstanding

opportunity to acquire a modern, income-producing asset generating over $1.15 million in annual gross

income in the heart of New York City.