About This Home
This 0-bedroom, 0-bathroom commercial at 937 E Gun Hill Road in Bronx, NY is listed for $1,999,999. Built in 1928, on a 0.13 acres lot.
Key Features
- Built in 1928
- 0.13 acre lot
Property Details
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.
Monthly Cost Estimate
$10,696/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
937 E Gun Hill Road
Bronx, NY 10469
Property Details
Construction
Heating
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 937 E Gun Hill Road is listed at $1,999,999. The estimated monthly payment is $10,696 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1928, 0.13 acre lot.
This property is listed by Rabindranaut Persaud and can be reached at 6468950136.
