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: