HIGHBRIDGE MULTIFAMILY OPPORTUNITY — APPROX. 3,750 SF | R7-1 ZONING | MINUTES FROM MANHATTAN
An opportunity to acquire a substantial multifamily property in the Highbridge section of the Bronx. 918 Summit Avenue offers approximately 3,750 square feet of existing building area across three stories, providing the scale and flexibility sought by local landlords, owner-investors, value-add buyers and long-term holders.
The property includes three residential units, including two spacious 3-bedroom/2-bath residences, and provides existing rental income while offering an opportunity to enhance the property's performance over time through thoughtful management and repositioning.
For experienced investors, builders and developers, the property's R7-1 zoning adds another dimension to the opportunity. Buyers can evaluate the site and existing improvements based on their individual long-term strategy, including potential redevelopment or other opportunities permitted by zoning. All zoning, buildable area and development possibilities should be independently verified by the purchaser.
The location offers convenient access to Manhattan, Yankee Stadium, major transportation and the surrounding Highbridge/Ogden Avenue corridor, making it particularly attractive to buyers already familiar with and investing in this part of the Bronx.
For a purchaser looking beyond a simple day-one cap rate, 918 Summit offers something different: a sizable existing multifamily asset, established rental income, income-growth potential, R7-1 zoning and long-term optionality in a location close to Manhattan.
Hold it. Improve it. Reposition it. Explore its future potential.
26 days
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256
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9
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Zillow last checked:
Listing updated:
Listed by:
Locqube New York, Inc.347-657-1114,
Esperanza Estrella718-772-7404
Source: OneKey® MLS as distributed by MLS GRID,MLS#: 1029698
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 6
Bathrooms: 4
Full bathrooms: 4
Heating
Baseboard
Cooling
Wall/Window Unit(s)
Appliances
Included: Other
Features
High Ceilings, Open Floorplan, Storage
Basement: Partial
Attic: None
Has fireplace: No
Interior area
Total structure area: 3,750
Total interior livable area: 3,750 sqft
Property
Parking
Parking features: Other
Lot
Size: 2,696 Square Feet
Dimensions: 19.12 ft x 100 ft
Details
Parcel number: 025240010
Special conditions: None
Construction
Type & style
Home type: SingleFamily
Architectural style: Other
Property subtype: Houseboat, Residential
Attached to another structure: Yes
Materials
Brick
Condition
Updated/Remodeled
Year built: 1901
Major remodel year: 2006
Utilities & green energy
Sewer: Public Sewer
Water: Public
Utilities for property: None
Community & HOA
HOA
Has HOA: No
Location
Region: Bronx
Financial & listing details
Price per square foot: $400/sqft
Tax assessed value: $63,180
Annual tax amount: $8,320
Date on market: 7/27/2026
Cumulative days on market: 26 days
Listing agreement: Exclusive Right To Sell
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
7/27/2026
Listed for sale
$1,500,000+79.6%$400/sqft
Source: OneKey® MLS as distributed by MLS GRID #1029698Report a problem
Source: OneKey® MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.