1450 E Gun Hill Rd
Bronx,
NY
10469
- Commercial
- Year Built 1936
- Multi Family
- ML# 834158
Property Details
Overview
Prime Mixed-Use Investment Opportunity in Pelham Gardens, BronxFor 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 potentialA rare opportunity to acquire a well-positioned, turnkey investment in a thriving neighborhood!
Key Facts
- •Lot Size: 0.1593
- •Lot Sq Ft: 6937
- •Taxes: $87,224
- •Sale or Rent: Sale
- •Construction Materials: Brick
- •Parking Spaces: Yes
- •Parking Spaces: 5
- •Parking Facilities: Garage
- •Heat: Oil
- •A/C: Central Air
- •Water: Public
- •Sewer: Public Sewer
Listing Information provided courtesy of
Classic Realty Partners Inc
631-388-5255
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