3054 Barker Avenue

New York NY 10467

2370 sq. ft.

Multi-Family

Last sold for $1,050,000

Liron Iskhakbayev, last sold this property on 03 November 2025 after -221 days on market.

Overview

3054 Barker Avenue, Bronx, NY 10467 An outstanding investment opportunity in the heart of Olinville, Bronx. This 4-story, legal 3-family brick building offers strong cash flow, government-backed Section 8 rents, and significant upside potential in one of the borough's most resilient rental markets. Meticulously maintained and built in 1925, the property boasts solid pre-war construction, spacious layouts, and zero deferred maintenance-perfect for passive or hands-on investors. Each unit is fully rented at strong Section 8 rates, ensuring stable income with 100% rent collection. Highlights: Legal 3-family across 4 full floors Gross Rent: $150K | Over 11% cap rate 100% occupied with reliable Section 8 tenants R5 zoning with future upside No renovations needed - fully stabilized Prime location on a quiet, tree-lined block Location Perks: Under 5 minutes to the 2 & 5 subway lines Near Bronx Zoo, Botanical Garden, shopping, dining, and schools With strong tenancy, quality construction, and unbeatable transit access, this is a rare, high-yield asset in a growing neighborhood. Avraham Birnbaum - Twelve Stones Realty

Features

9 bedrooms

4 bathrooms

2370 sq. ft. lot size

Multi-Family

Estimated Value

We need at least 3 similar 9 bedroom multi families sold in New York over the last 12 months.

Property history for 3054 Barker Avenue

2025

Sold

$1,050,000

03 Nov 2025 by Liron Iskhakbayev, of Discover LLC

2023

Sold

Undisclosed

24 Jan 2023

Happy sellers in New York

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