847 Castle Hill Avenue presents a rare opportunity to acquire a fully vacant mixed-use asset in the heart of the bustling Castle Hill corridor. Situated on a 2,035 square foot lot and offering approximately 2,763 square feet of interior space, this well-maintained property is ideally positioned for investors, owner-users, or 1031 exchange buyers seeking immediate upside. The offering includes a highly visible ground-floor commercial storefront of approximately 500 square feet, perfectly suited for retail, office, or professional use, along with three residential units consisting of a first-floor two-bedroom apartment with direct access to a private fenced backyard, a second-floor two-bedroom apartment, and an additional second-floor one-bedroom apartment. Each residence features a full bathroom, generous natural light, and functional layouts, with select interiors enhanced by modern updates including shaker-style cabinetry. With two occupants currently in the process of vacating, the property will be delivered fully vacant at closing, allowing for immediate lease-up at market rents or seamless owner occupancy. A true value-add opportunity in one of the Bronx’s most active and established mixed-use corridors.
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Zillow last checked:
Listing updated:
Listed by:
Keller Williams Realty Group914-713-3270,
Carlos J. Mercedes216-456-4458
Source: OneKey® MLS as distributed by MLS GRID,MLS#: 990959
Facts & features
Interior
Heating
Natural Gas
Cooling
Wall/Window Unit(s)
Features
Entrance Foyer, Granite Counters, High Ceilings, Storage
Basement: Crawl Space,Storage Space,Unfinished
Interior area
Total structure area: 2,763
Total interior livable area: 2,763 sqft
Property
Parking
Parking features: Off Street
Lot
Size: 2,036 Square Feet
Details
Parcel number: 036850041
Special conditions: None
Construction
Type & style
Home type: MultiFamily
Property subtype: Quadruplex, Multi Family
Materials
Frame, Vinyl Siding
Condition
Year built: 1920
Utilities & green energy
Sewer: Public Sewer
Water: Public
Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Trash Collection Public, Underground Utilities, Water Connected
Community & HOA
Location
Region: Bronx
Financial & listing details
Price per square foot: $471/sqft
Tax assessed value: $220,950
Annual tax amount: $9,237
Date on market: 5/2/2026
Cumulative days on market: 87 days
Listing agreement: Exclusive Right To Sell
Electric utility on property: Yes
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
6/5/2026
Price change
$1,300,000-13.3%$471/sqft
Source: OneKey® MLS as distributed by MLS GRID #990959Report a problem
5/2/2026
Listed for sale
$1,500,000$543/sqft
Source: OneKey® MLS as distributed by MLS GRID #990959Report a problem
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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