Property
| Ownership: | For Sale |
|---|---|
| Type: | Retail |
Financials
Price:$8,500,000
Listing Courtesy of eXp Realty
Welcome to this exceptional investment opportunity located in a prime area.
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Description
Welcome to this exceptional investment opportunity located in a prime area. The property includes a building with 10 storefronts and is being sold as a package with the vacant lot at 1927 Gildersleeve Ave, Bronx, NY 10473, which spans 15,767 square feet.
Don’t miss the chance to own this high-income-generating property. Buyers are encouraged to perform their due diligence.
The annual rental income from the storefronts is $512,400, with 1927 Gildersleeve Ave generating $30,000 annually, and the vacant lot providing an additional $12,500 in annual rental income. The annual expenses include taxes of $100,000 and insurance costs of $12,000.
Located just a block away from the ferries to Manhattan, this property is in a rapidly developing area. Don’t miss the opportunity to own this high-income-generating building! DO NOT DISTURB TENANTS. CALL TO MAKE AN APPOINTMENT FOR ALL SHOWING.
Amenities
- Gas Water Heater

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.