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$1,999,999
Est. payment /mo
5,623 Sqft Lot
UPDATED:
Key Details
Property Type Other Types
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Subdivision Williamsbridge
MLS Listing ID 1042431
Rental Info No
Year Built 1928
Annual Tax Amount $11,785
Lot Size 5,623 Sqft
Acres 0.1291
Property Sub-Type Multi Family
Source onekey2
Property 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.
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.
Location
State NY
County Bronx County
Interior
Heating Natural Gas
Cooling None
Fireplace No
Exterior
Parking Features None
Utilities Available Cable Available
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
High Schools Contact Agent
School District Contact Agent
Others
Special Listing Condition None
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Listed by Keller Williams Realty NYC Grp • Rabindranaut Persaud
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