Multi Family 5+ in Bronx County
| MLS Number | 834158 |
|---|---|
| Address | 1450 E Gun Hill Road, Bronx, NY 10469 show map |
| Price | $2,450,000 show mortgage calculator |
| Acres | 0.15925160697888 |
| Year Built | 1936 |
| Est. Sq. Footage | 0 |
| Elementary School | |
| Jr High-Middle School | |
| High School | |
| Estimated Taxes | $87,224 |
| Total Apt Units | 12 |
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!
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