Active

918 Summit Avenue

Bronx, NY 10452
Mark as Favorite
Bed 6

Bed

Bath 4

Bath

SqFt3,750

Sqft

Acres0.04

Acre(Lot)

A rare opportunity to acquire an income-producing Bronx asset with significant long-term development potential. Located in the Highbridge section of the Bronx, 918 Summit Avenue combines current rental income with 5,527 SF of unused buildable area under its R7-1 zoning, creating a compelling opportunity for investors seeking both immediate income and future value creation. The existing 3,750 SF brick building features two exceptionally spacious, market-rate residences, providing income from day one with additional rental upside while preserving the ability to explore future expansion or redevelopment. Unlike vacant development sites, the property generates rental revenue during ownership while retaining substantial unused development capacity. Located within a federally designated Opportun ity Zone and minutes from Manhattan, the property benefits from excellent connectivity to the B and D subway lines, multiple bus routes, major highways, healthcare, parks, schools, and neighborhood retail. Current income. Rental upside. 5,527 SF of unused buildable area. Opportunity Zone location. 918 Summit Avenue offers multiple avenues for long-term value creation in a single investment.

Read More Expand

Detail Ic Property Details

Property Type : Residential

Price : $1,500,000

AD Id : 88471624

MLS Id : 1029698

Beds : 6

Lot Size : 0.04 Acre

Living Area Size : 3,750

Year Built : 1901

County : Bronx

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bedroom Information

    Total beds: 6

    Bathroom Information

    Total Baths: 4 Full Baths: 4

    Room Information

    Rooms Total: 12 Basement: Partial
  • Interior Features

    High Ceilings, Open Floorplan, Storage Appliances: Other
  • Heating & Cooling

    Has Heating: Yes Heating: Baseboard Has Cooling: Yes Cooling: Wall/Window Unit(s)

  • Building Information

    Year Built: 1901 Building Area Total: 3750 Construction Materials: Brick Private Pool: No

  • Lot Information

    Lot Dimensions: 19.12 ft x 100 ft Lot Size Acres: 0.0439 Lot Size Square Feet: 2696

  • Listing Price Information

    Listing Price: $1500000

  • Tax Information

    Parcel Number: 02524-0010 Tax Lot: 0010 Tax Block: 02524 Annual Tax: $8320.04

  • Parking Information

    Other

  • School Information

    Elementary School: Ps 73 Bronx
    Junior High School: Jhs 22 Jordan L Mott
    Senior High School: Bronx School For Law, Gov, Justice
  • Utility Information

    None
  • Location Information

    WaterSource: Public
Sell a home like this and save $89,501 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
946 Gerard Avenue, Bronx, NY, 10452 $599,999 2 1 960 960 SqFt
150 Featherbed Lane #4B, Bronx, NY, 10452 $145,000 1 1 600 600 SqFt
1224 Shakespeare Avenue, Bronx, NY, 10452 $625,000 3 2 200 200 SqFt
1177 Anderson Avenue Av.., Bronx, NY, 10452 $149,000 1 1 850 850 SqFt
1177 Anderson Avenue #3B, Bronx, NY, 10452 $139,000 1 1 900 900 SqFt
1200 Woodycrest Avenue .., Bronx, NY, 10452 $145,000 2 1 925 925 SqFt
1200 Woodycrest Avenue .., Bronx, NY, 10452 $125,000 -- 1 473 473 SqFt
1383 Plimpton Ave Ave #4C, Bronx, NY, 10452 $65,000 1 1 400 400 SqFt
1045 Anderson Avenue #3D, Bronx, NY, 10452 $139,999 1 1 671 671 SqFt
1045 Anderson Avenue #2G, Bronx, NY, 10452 $129,000 1 1 670 670 SqFt

The data relating to real estate for sale on this website comes in part from the Internet Data exchange of OneKey MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2026 OneKey MLS. All Rights Reserved

ByOwner last updated this listing 08/18/2026 @ 21:49

MLS: 1029698 LISTED BY: Esperanza Estrella, Locqube New York, Inc. 347-657-1114 SOURCE: OneKey MLS

Homes around $1,500,000

Selling? Save $89,501 when you sell a home like this

Tour with a ByOwner Agent