New Listing
$1,999,999
( $476.19Per Sq Foot )
 $10,736 est/mo Sourced by Back At You

937 E Gun Hill Road,Bronx, NY 10469

Bronx, NY 10469

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Description

Prime Bronx Investment Opportunity - Legal 5-Family + Commercial Storefront + Additional 1-Family PropertyRare 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.

Details

MLS #1042431
Listing TypeFor Sale
StyleMulti-Family
Sub-TypeResale
StatusActive
Year1928
Days On Site6
Listing Provided ByKeller Williams Realty NYC Grp | Rabindranaut Persaud

Features

SQ Feet4,200
Units7
ZoningR6A
Acreage0.13

Interior

CoolingNone
HeatingNatural Gas

Exterior

Construction MaterialsBrick

Parking

Parking FeaturesNone

Utilities

UtilitiesCable Available
SewerPublic Sewer

Taxes

Tax Year2025
Tax Assessed Value251550
Tax Annual Amount11785.52

Area Information

StateNY
CountyBronx County
CityBronx
Zip Code10469
Listing VS Median (in 10469)
Price:
$1,999,999
low | high
Med:
$749,999
100% of Average
sqft:
4,200
low | high
Med:
2,000
100% of Average
$ / sqft:
$476
low | high
Med:
$375
71.250065625033% of Average
On site:
6
low | high
Med:
404
2% of Average
Sourced by Back At You

Market Activity 10469

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Additional Information

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Learn More About This Property

Newburgh Office

Newburgh Office

 (845) 565-2800info@johnjleaserealtors.com
StateNY
CountyBronx County
CityBronx
Zip Code10469
Listing VS Median (in 10469)
Price:
$1,999,999
low | high
Med:
$749,999
100% of Average
sqft:
4,200
low | high
Med:
2,000
100% of Average
$ / sqft:
$476
low | high
Med:
$375
71.250065625033% of Average
On site:
6
low | high
Med:
404
2% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $1.499M - $2.499M
sqft: 3,000 - 5,000
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Listing Updated: August 28, 2026 at 9:04:48 AM PDT
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