Prime Bronx Investment Opportunity - Legal 5-Family + Commercial Storefront + Additional 1-Family PropertyRare 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.
Listing By
Agency Name: Keller Williams Realty NYC Grp
Agency Contact: 718-697-6800
Shown By
Agent Name: Michele Sherry-Mosca
Agent Phone: (516) 410-0565
Agency Title: Coldwell Banker American Homes
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937 E Gun Hill Road | MLS# 1042431
This commercial property located at 937 E Gun Hill Road , Bronx, NY 10469 is currently listed for sale with an asking price of $1,999,999. E Gun Hill Road is located within the Contact Agent school district. Search Bronx real estate on michelemosca.cbamhomes.com today.