| Primary address | 3961 Carpenter Avenue |
| Secondary address | 3959-3961 Carpenter Ave |
| Neighborhood | Wakefield |
| Zip code | 10466 |
| Borough | Bronx |
| Block & lot | 04820-0020 |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Lot sq. ft. | 11,202 |
| Lot dimensions | |
| Property type | Elevator Apartment - Semi-Fireproof with Stores (D7)
|
| Building sqft | 40,660 |
| Building dimensions |
| Buildings on lot | 1 |
| Stories | 6 |
| Year built | 2012 |
| Construction type | Register |
| School district | 11 |
| Community district | 12 |
| Closest police station | 0.83 Miles |
| Closest fire station | 0.53 Miles |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:
You will find all alternate addresses for the property in this section.
This Elevator Apartment - Semi-Fireproof with Stores (D7) located at 3961 Carpenter Avenue, Bronx, NY 10466 has a total of 40,660 square feet.
What is the year built & the current market value of 3961 Carpenter Avenue, Bronx, NY 10466?3961 Carpenter Avenue, Bronx, NY 10466 was built in 2012 and has a current tax assessor's market value of $4,476,000.
How many commercial spaces does this building have?This building has 1 commercial spaces available for lease. There are 1 active listings at this address.
View property contacts like owners, building management, representatives from permits and tenants with a free account. For LLC-owned properties, access manually researched real owners and phone numbers.
| Listing type | For Sale |
|---|---|
| Listing date | 06/18/2026 |
| Last updated | 06/22/2026 |
| Lot size | 0.257 Acre |
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.
Create a free account to view the complete sales history for 3961 Carpenter Avenue, Bronx, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.
| Sale date | Sale price | Buyer name | Seller name |
|---|---|---|---|
| 03/01/2011 | $1,085,000 | Register | Register |
To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.
R: Recorded date
D: Document date
Access detailed property tax data for 3961 Carpenter Avenue, Bronx, NY 10466. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2026-2027 |
| Property tax: | $20,900 |
| Tax assessor's market value: | $4,476,000 |
| Assessed value: | $2,014,200 |
| Exemptions granted by city: | Register |
Here's the assessment & property tax history for 3961 Carpenter Avenue, Bronx, including the evolution of the total tax rate and corresponding property tax.
| Year | Market value | Assessed value | Taxable | Tax rate % | Base tax | Property tax | Year over year change |
|---|---|---|---|---|---|---|---|
| 2025/26 | $4,641,000 | $2,088,450 | $168,021 | 12.439% | $259,782 | $20,900 | -0.49% |
| 2024/25 | $4,793,000 | $2,156,850 | $168,021 | 12.5% | $269,606 | $21,003 | -0.02% |
| 2023/24 | $5,442,000 | $2,448,900 | $168,021 | 12.502% | $306,161 | $21,006 | +1.92% |
| 2022/23 | $5,580,000 | $2,511,000 | $168,021 | 12.267% | $303,299 | $20,611 | +0.26% |
| 2021/22 | $5,063,000 | $2,278,350 | $168,021 | 12.235% | $278,756 | $20,557 | -0.26% |
The complete history of permits filed for 3961 Carpenter Avenue, Bronx, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.
Access a detailed real estate market overview of Bronx so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Bronx and compare it to other boroughs in New York City.
Check out recently sold homes in Bronx and see how their prices compare.
| FEMA flood zone(s): | X (See more on map) |
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Distance to Subway
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| Closest station | White Plains Rd & 225th St at SW Corner | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Station lines | 2-5 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.174 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Here are the neighbors for 3961 Carpenter Avenue, Bronx, NY 10466.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 3985 Carpenter Ave, Bronx | 2,180 | 09/27/2019 | $775,000 |
| 3968 Bronx Blvd, Bronx | 2,680 | 02/05/2010 | |
| 3990 Bronx Blvd, Bronx | 76,806 | 12/14/2012 | $11,000,000 |
| 3975 Carpenter Ave, Bronx | 17,420 | 10/23/1995 | |
| 3993 Carpenter Ave, Bronx | 2,310 | 09/20/2024 | |
| 3964 Bronx Blvd, Bronx | 2,880 | 07/07/2017 | $385,000 |
| 3972 Bronx Blvd, Bronx | 3,108 | 07/21/2022 | $1,100,000 |
| 3981 Carpenter Ave, Bronx | 2,180 | ||
| 3970 Bronx Blvd, Bronx | 2,880 | 03/14/2002 | |
| 4041 Carpenter Ave, Bronx | 2,161 | 10/17/2024 | |
| 3971 Carpenter Ave, Bronx | 688 | 03/09/1993 | |
| 3962 Bronx Blvd, Bronx | 2,680 | 04/27/2018 | $580,000 |
| 3987 Carpenter Ave, Bronx | 2,180 | 09/25/2008 | |
| 3997 Garage Carpenter Ave, Bronx | 2,457 | 02/24/2005 | $315,000 |
| 3966 Bronx Blvd, Bronx | 2,880 | 07/31/2024 | |
| 4045 Garage Carpenter Ave, Bronx | 2,637 | 09/18/2017 | $659,000 |
| 3950 Bronx Blvd, Bronx | 54,115 | 10/29/1997 | |
| 3963 Carpenter Ave, Bronx | 2,391 | 04/22/2021 | $50,000 |
| 3983 Carpenter Ave, Bronx | 2,180 | 12/30/2009 | $494,500 |
| 3989 Carpenter Ave, Bronx | 2,457 | 10/21/1987 |
