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Multi Family 5+ in Bronx County
MLS Number1042431
Address937 E Gun Hill Road, Bronx, NY 10469 show map
Price$1,999,999 show mortgage calculator
Acres0.12913223140496
Year Built1928
Est. Sq. Footage0
Elementary School
Jr High-Middle School
High School
Estimated Taxes$11,786
Total Apt Units7
Remarks

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.

Amenities

This listing is Courtesy of Keller Williams Realty NYC Grp (718-697-6800).

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