Buy with Yoreevo
$2,401,000
List Price: $2,450,000
Share Listing
Save Listing
1450 E Gun Hill Road
House in Pelham Gardens •  building info
studio • 6,937ft² $353 per ft²
Buy with Yoreevo

$2,401,000

List Price

$2,450,000

Key Details
Days on market
72
Last price change
loading...
Estimated payment
$21,206/mo
Taxes
$7,269/mo
Maintenance
N/A
Description
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!

Hide full description

Building amenities
Services and facilities
Parking Available
Building info

History
What it'll cost
Purchase price
$2,450,000
Asking Price: $2,450,000
Term
30 Years
Down Payment
$245,000 (10%)
Min: 10% (245,000)
Rate
6.5 %
Mortgage Amount
$2,205,000
Mortgage Payment
$13,937
Taxes
$7,269
Estimated Yoreevo rebate
$49,000
Estimated closing cost
$90,000
Total monthly cost $21,206
Buy your dream home with us and get an estimated $49,000 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Listing Courtesy of Classic Realty Partners Inc

Information ©2025, OneKey MLS. All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.