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1181 Sackett Avenue Bronx, NY $ 2,300,000
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$ 2,300,000 Get more info
1181 Sackett Avenue
$ 2,300,000
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1181 Sackett Avenue

Bronx, NY, 10461
$ 2,300,000
Bedrooms-- Baths-- Sq 3,960

Monthly Estimate*

$ 14,349

1181 Sackett Avenue, Bronx, NY 10461 - Image 1
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1181 Sackett Avenue, Bronx, NY 10461 - Image 4
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1181 Sackett Avenue, Bronx, NY 10461 - Image 9
1181 Sackett Avenue, Bronx, NY 10461 - Image 10
1181 Sackett Avenue, Bronx, NY 10461 - Image 11

Commercial Property for sale in Bronx, NY

for $2,300,000. This 3,960 square foot building was built in 1920 on a lot size of 0.069.

NOTHING BUT AN UPSIDE for this 5 Family sleeper in the Morris Park Community of Community Board 11. No Rent Control, No Rent Stabilization, No Leases. It doesn't get better than this. 5 Rental units, currently below fair market rent and 5 car garage. Projected Gross Annual Rent after toy take over,$136,200. You cant miss. This property is located with "sleeping" distance to Montefiore Hospital, 10 Minutes to The Hutchinson River Parkway. 15 Minutes to the Bruckner and Cross Bronx Expressway and with Congestion Tolls here to stay, 20-25 minute drive to midtown Manhattan. Formerly the side of a hat manufacturing company with retail space at front (see old photo) this investors dream is here for the offering, Best part of this transaction, owner will consider holding mortgage for the credit worthy investor. Room count as follows: 4 One Bedroom apartment and 1 Three Bedroom Apartment. ACT TODAY and put your offer in for this rare gem of a find.

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Commercial Active

Price

$ 2,300,000

Property Type

Commercial

Taxes

$ 25,235

Style

Lot Size

0.069

Year Built

1920

Town/City

Bronx

County/Region

Bronx

MLS | Web ID

848299
Features
General
Sewer Public Sewer
Heating Oil
Cooling Multi Units
Utilities Trash Collection Public
Appliances Gas Water Heater
Security Features Video Cameras
Construction Materials Brick
Year Built 1920
Tenant Pays Electricity Gas
View City
Tax Year 2010
Parcel Number 15-4091-1
Gross Income 102000
Community Features Park Sidewalks
County Bronx County
Operating Expense 82000
Property Type Commercial Sale
Facing Direction South
Other Structures Garage(s)
Directions Herring Avenue to Sackett Ave T Intersection look for 5 car garage Building On Corner
High School Contact Agent
City New York
Disclosures M2 Agent Exclusions
High School District Bronx
Number Of Units Total 5
Elementary School Contact Agent
Property Attached Y/N N
Tax Annual Amount 25235
Showing Instructions ALL BUYERS AGENTS must have Buyer/Agent Right to Represent agreement in compliance with NAR requirements sent to Grecoappraisal@aol.com prior to any request to show or to schedule an appointment NO
Fuel Expense 7500
Middle/Junior High School Contact Agent
Property Condition Updated/Remodeled
Water Sewer Expense 3600
Additional Parcels Y/N N
Building Area Units Square Feet
Standard Status Active
Tax Assessed Value 567000
Year Built Effective 2005
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Interior
Basement Full
Total Stories 2
Basement Features Full
Basement (Y/N) N
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Exterior
Fencing Back Yard
Parking Features Detached Garage Detached Garage
Water Source Public
Total Parking 5
Parking Spaces 5
Building Area Total 3960
Waterfront Y/N N
Road Frontage Type Municipal
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 1181
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* Excluded Features
List By
Richard Greco

Listing Agent

Richard Greco Real Estate

Broker

grecoappraisals@aol.com

Email

Affordability Calculator

$16,452
Per Month
87%
13%
0%
Monthly Principal & Interest
$14,349
Monthly Property Taxes
$2,103
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4892083 Elementary School
4892025 Middle School
Contact Agent High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/12/2025$2,300,000 Listed Price

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1181 Sackett Avenue, Bronx, NY, 10461 is a Commercial Property for sale at $2,300,000 with 3,960 sqft and a lot size of 0.069. 1181 Sackett Avenue was built in 1920. The property's zip code is 10461 which is in Bronx, NY

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