434 Wales Avenue
MLS® #RLS10547685
Listing by EXR Residential
8
Bedrooms
3
Baths
2,262
Sq. Ft.
1931
Year Built
Quick Summary
Property Highlights
- Style: Prewar architecture
- Character: Pre-war building (1931)
Property Details
Description
This renovated, legal three family in Mott Haven is primed for it's next owner or investor.
Extraordinarily low monthly taxes of just $190 a month and market rate rentals pulling in $72k/year in income make for a 6.2% capitalization rate here (NOI- $59,270).
This home is situated in Mott Haven, one of NYC's fastest growing communities. All of Manhattan's major developers are backing this neighborhood with billion dollar projects bringing 4,000 units of luxury rentals to the area in the next two years. The nightlife and restaurant scene continues to expand their offerings making this an exciting neighborhood for both owners and renters. This house is sure to be a solid investment.
All apartments have natural hardwood floors, sizable kitchens with granite counters, tiled backsplashes and stainless steel appliances. Excellent long term tenants in place, all month to month.
THE LAYOUT:
Apt 1- 2 Bed/ 1 bath- $1650/ mo
Apt 2- 4 bed/ 1.5 bath- $2400/ mo
Apt 3- 3 bed/ 1 bath with skylights- $1950/ mo
Please call for an appointment
Building Information
About Mott Haven
View All Mott Haven ListingsMott Haven occupies the southwestern corner of the Bronx along the Harlem River, featuring a landmarked historic district of 19th-century brownstones in neo-Grec, Queen Anne, and Flemish Revival styles alongside new waterfront residential towers. The 6 train serves three stations along the East 138th Street corridor, while the 2, 4, and 5 trains stop along East 149th Street. Mill Pond Park provides 15 acres of waterfront green space with tennis courts, athletic fields, and a promenade along the Harlem River.
Mott Haven Live Market Data
View NeighborhoodActive Listings
2
Median Asking Price
$1.17M
Median $/Sqft
$483
Avg Days on Market
N/A
New This Week
0
Price Reduced
0%
Sold (30 Days)
0
Median Sale Price
$1.04M
Live data from RLS at REBNY • Updated 3/23/26, 3:10 AM EST
Recently Sold in Mott Haven
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Location
434 Wales Avenue, Mott Haven, Bronx County • Near East 144th Street/East 145th Street
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
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Listing Courtesy of EXR Residential - Andrew Freerks
Listing Contact: (212) 913-9058
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RLS Data display by Keller Williams NYC. Data last updated on 3/23/2026 at 7:10 AM UTC