937 E Gun Hill RoadBronx, NY 10469

Description

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 Information

Property type

Commercial Sale

Sub-type

Multi Family

Year built

1928

Building area

4,200 Sq Ft

Lot size

0.13 acres

Days on market

36

MLS^® Listing#

1042431

Property Features

Cooling

None

Heating

Natural Gas

Parking

No Garage · None

Construction

Brick

Utilities

Cable Available

Sewer

Public Sewer

Water source

Public

Financial Details

Annual taxes

$11,786

Assessed value

$251,550

Parcel number

04681-0020

Directions

WILLIAMSBRIDGE neighborhood - from Boston Rd. make a left onto E. Gun Hill Rd. (between Bronxwood Ave. & Paulding Ave.)