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1450 E Gun Hill Rd 9 Unit Apartment Building $3,399,130 CAD ($377,681 CAD/Unit) 8.64% Cap Rate Bronx, NY 10469
INVESTMENT HIGHLIGHTS
- Heavy Daytime Foot Traffic
- Close Proximity to The Mall at Bay Plaza
- Walking Distance to the 5 Train
EXECUTIVE SUMMARY
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.
A rare opportunity to acquire a well-positioned, turnkey investment in a thriving neighborhood!
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.
A rare opportunity to acquire a well-positioned, turnkey investment in a thriving neighborhood!
FINANCIAL SUMMARY (PRO FORMA - 2026) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$503,741
|
$37.22
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$503,741
|
$37.22
|
| Taxes |
$128,296
|
$9.48
|
| Operating Expenses |
$81,775
|
$6.04
|
| Total Expenses |
$210,070
|
$15.52
|
| Net Operating Income |
$293,671
|
$21.70
|
FINANCIAL SUMMARY (PRO FORMA - 2026)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $503,741 |
| Annual Per SF | $37.22 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $503,741 |
| Annual Per SF | $37.22 |
| Taxes (CAD) | |
|---|---|
| Annual | $128,296 |
| Annual Per SF | $9.48 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $81,775 |
| Annual Per SF | $6.04 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $210,070 |
| Annual Per SF | $15.52 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $293,671 |
| Annual Per SF | $21.70 |
PROPERTY FACTS
1 1
Walk Score®
Walker's Paradise (91)
Transit Score®
Excellent Transit (85)
PROPERTY TAXES
| Parcel Number | 04567-0100 | Total Assessment | $1,016,577 CAD (2025) |
| Land Assessment | $184,608 CAD (2025) | Annual Taxes | $128,296 CAD ($9.48 CAD/SF) |
| Improvements Assessment | $831,969 CAD (2025) | Tax Year | 2026 |
PROPERTY TAXES
Parcel Number
04567-0100
Land Assessment
$184,608 CAD (2025)
Improvements Assessment
$831,969 CAD (2025)
Total Assessment
$1,016,577 CAD (2025)
Annual Taxes
$128,296 CAD ($9.48 CAD/SF)
Tax Year
2026
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1450 E Gun Hill Rd
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