2
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$2,450,000
Est. payment /mo
6,939 Sqft Lot
Active
1450 E Gun Hill RD Bronx, NY 10469
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Chaim Reich - Erealty Advisors
Chaim Reich - Erealty Advisors
chaim@ritzrealtyusa.com +1(718) 781-3616UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID KEY834158
Originating Board onekey2
Rental Info No
Year Built 1936
Annual Tax Amount $87,223
Lot Size 6,939 Sqft
Acres 0.1593
Property Sub-Type Multi Family
Property Description
Prime Mixed-Use Investment Opportunity in Pelham Gardens, Bronx
For Sale: 1450 E Gun Hill Rd, Bronx, NY 10469 – a high-income-producing mixed-use property in the heart of Pelham Gardens. This four-story corner building features 9 residential apartments, 3 retail storefronts, 1 office, a social club, and 6 garage spaces with additional storage. With 13,533 SF of space, 53.5' of frontage, and zoning of R6B, C2-3, this asset offers both stability and growth potential.
Investment Highlights:
- Cap Rate: 8.56%
- GRM: 6.88x
- High-Demand Location: Just 2 blocks from the Gun Hill Rd (5 Train) Station
- Diverse Tenant Mix: Long-term residential and commercial tenants with upside potential
A rare opportunity to acquire a well-positioned, turnkey investment in a thriving neighborhood!
For Sale: 1450 E Gun Hill Rd, Bronx, NY 10469 – a high-income-producing mixed-use property in the heart of Pelham Gardens. This four-story corner building features 9 residential apartments, 3 retail storefronts, 1 office, a social club, and 6 garage spaces with additional storage. With 13,533 SF of space, 53.5' of frontage, and zoning of R6B, C2-3, this asset offers both stability and growth potential.
Investment Highlights:
- Cap Rate: 8.56%
- GRM: 6.88x
- High-Demand Location: Just 2 blocks from the Gun Hill Rd (5 Train) Station
- Diverse Tenant Mix: Long-term residential and commercial tenants with upside potential
A rare opportunity to acquire a well-positioned, turnkey investment in a thriving neighborhood!
Location
State NY
County Bronx County
Rooms
Basement Storage Space
Interior
Heating Oil
Cooling Central Air
Fireplace No
Exterior
Parking Features Garage
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Trash Collection Public, Underground Utilities, Water Connected
Total Parking Spaces 5
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Others
Special Listing Condition None
Listed by Classic Realty Partners Inc