937 E Gun Hill Road, Bronx, New York, United States, 10469

1,999,999
for Sale
5,625

About the property:

Prime Bronx Investment Opportunity – Legal 5-Family + Commercial Storefront + Additional 1-Family Property Rare opportunity to acquire a legal 5-family income-producing property with a commercial storefront, plus a separate 1-family property (937B) situated on the same lot. The combined properties offer an attractive mix of residential and commercial income with significant investment potential. The property currently generates approximately $13,000 per month in gross income, while annual property taxes are approximately $12,000, providing a compelling income-to-expense profile. The commercial storefront adds valuable flexibility and potential for additional upside. Ideal for investors seeking a multi-family asset with multiple income streams, or an owner-user looking to maximize the property's long-term potential. The property's legal 5-family configuration, commercial component, and additional 1-family structure make this a unique offering in the Bronx market. Motivated seller – all reasonable offers will be considered. Excellent opportunity for an investor looking to acquire a substantial income-producing property with room for future growth. Showings by appointment. Buyer to independently verify all information, including legal use, zoning, income, taxes, and property dimensions.
Property Type:
MULTI FAMILY
Status:
for Sale
House Style:
Other
Acres:
0.1291
Square Feet:
4200
Heating Type:
0
Directions:
WILLIAMSBRIDGE neighborhood - from Boston Rd. make a left onto E. Gun Hill Rd. (between Bronxwood Ave. & Paulding Ave.)
Is Investment:
Yes
Is Multiple:
Yes
Is Multi Family:
Yes
Is Market:
Yes
Is Mix:
Yes
Is Other:
Yes
Annual Property Taxes:
11,785.52
Listing ID:
1042431

Rooms

Dimensions

Brokered by:
Keller Williams Realty, Nyc Grp
Presented By:

Anthony Omoruan

Sales Representative

Keller Williams Realty, NYC Grp