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918 Summit Avenue

$1,500,000

Est. $8,282/mo

Bronx, NY 10452 · The Bronx

Beds
6
Baths
4
Sqft
3,750
Status
Active
On site
52 days

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About this home

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.

Listed with Locqube New York, Inc. · Esperanza Estrella · Source: OneKey MLS

One Key MLS

Information provided by One Key MLS, and is deemed reliable but not guaranteed accurate. Data last updated: Sep 17, 2026, 4:09 PM ET. ©2026 One Key MLS.

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$8,281.94Total / mo

Estimated Monthly Payment

Principal & interest
$7,388.61 (89.2%)
Taxes
$693.33 (8.4%)
Insurance
$200.00 (2.4%)

Representative rates

Representative rates only, indicative for comparison. Edit the interest rate for your own quote; your lender’s numbers vary with credit, points, and insurance.

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Market Insights

The market around Bronx, NY

Current Listings

New in the last 30 days

359

Sep 2026

Average Price

Active listings

$776,597

Sep 2026

Average Days on Market

Active listings

169 days

Sep 2026

Computed from 2,254 active OneKey MLS listings in Bronx, NY.

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