Great investment property on E Gun Hill with tenants of over 15 plus years in R6B zoning. You can potentially build a residential apartments bldg up to 6 story with 1st floor commercial. Excellent zoning for multiple apartment complex w/ laundry; daycare; doctor office; supermarket; restaurant ect. Projected Rent roll of $192,180. Owner pays hallway electric, insurance and water. Store front could be delivered vacant if needed. The property is well maintained, the roof is 9 years old, the windows were done 12 years ago. Each tenant has their own gas hot air and central air conditioning system. Store front has a large full basement which adds to the value. Potential expansion above front store front. Very visible location close to the number 5 train, hutch, Bronx river and I95. Some rents are projected.
Listing courtesy of Eric Stein from RE/MAX Distinguished Hms.&Prop
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