$2,450,000

Est. Mortgage $12,550/mo *

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1450 E Gun Hill Road, New York, (Bronx), NY, 10469

1450 E Gun Hill Road, New York, (Bronx), NY, 10469
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1936

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!

Status:

Active

Town:

New York

Type:

Commercial

Units:

12

Heating:

Oil

Cooling:

Central Air

Basement:

Storage Space

Parking:

5-car, Garage

Acreage:

0.16

Est. Taxes:

$87,224

Assessment

$879,300

Construction

Brick

Utilities

Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Trash Collection Public, Underground Utilities, Water Connected

Days on Market:

8

MLS #:

834158

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of Classic Realty Partners Inc 631-388-5255