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.
For sale
$1,500,000
918 Summit Avenue, Bronx, NY 10452
6beds
3,750sqft
Houseboat, Residential
Built in 1901
2,696 Square Feet Lot
$-- Zestimate®
$400/sqft
$-- HOA
What's special
Three residential units
- 73 days
- 193
- 3
Zillow last checked:
Listing updated:
Listed by:
Locqube New York, Inc. 347-657-1114,
Esperanza Estrella 718-772-7404
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: 73 days
- Listing agreement: Exclusive Right To Sell
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/27/2026 | Listed for sale | $1,500,000+79.6%$400/sqft |
Source: | ||
| 1/21/2021 | Sold | $835,000+39.4%$223/sqft |
Source: Public Record Report a problem | ||
| 2/4/2019 | Listing removed | $2,450$1/sqft |
Source: Pantiga Group Report a problem | ||
| 1/26/2019 | Listed for rent | $2,450$1/sqft |
Source: Pantiga Group Report a problem | ||
| 6/12/2015 | Listing removed | $599,000$160/sqft |
Source: ERA Empire Real Estate #3329861 Report a problem | ||
| 6/11/2015 | Pending sale | $599,000$160/sqft |
Source: ERA Empire Real Estate #3329861 Report a problem | ||
| 6/11/2015 | Listed for sale | $599,000+4.1%$160/sqft |
Source: ERA Empire Real Estate #3329861 Report a problem | ||
| 1/7/2015 | Sold | $575,500-3.3%$153/sqft |
Source: | ||
| 10/27/2014 | Listed for sale | $595,000-0.7%$159/sqft |
Source: KENSINGTON HEWES #10183328 Report a problem | ||
| 9/30/2014 | Sold | $599,000$160/sqft |
Source: Agent Provided Report a problem | ||
| 1/30/2014 | Price change | $599,000-9.1%$160/sqft |
Source: ERA Empire Real Estate #3329861 Report a problem | ||
| 10/5/2013 | Listed for sale | $659,000$176/sqft |
Source: ERA EMPIRE REAL ESTATE #3329861 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,320 +6% | $52,440 -3.3% |
| 2024 | $7,849 +3.1% | $54,240 -2% |
| 2023 | $7,614 | $55,320 +18.4% |
| 2022 | -- | $46,740 -3.3% |
| 2021 | -- | $48,360 -20.5% |
| 2020 | $7,307 -81.9% | $60,840 +12% |
| 2019 | $40,306 +516.7% | $54,300 +73.8% |
| 2018 | $6,536 +4.4% | $31,243 +1.7% |
| 2017 | $6,260 +862.3% | $30,708 |
| 2016 | $650 | $30,708 +2.9% |
| 2015 | $650 +46.4% | $29,838 +53.1% |
| 2014 | $444 | $19,489 +6% |
| 2013 | -- | $18,386 +2.5% |
| 2012 | -- | $17,940 |
| 2011 | -- | $17,940 |
| 2010 | -- | $17,940 +12.4% |
| 2009 | -- | $15,966 +142.9% |
| 2008 | -- | $6,572 +6% |
| 2007 | -- | $6,200 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: Highbridge
Nearby schools
Schools provided by the listing agent
- Elementary: Ps 73 Bronx
- Middle: Jhs 22 Jordan L Mott
- High: Bronx School For Law, Gov, Justice
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.






