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.