See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

918 Summit Avenue, Bronx, NY, 10452

6beds
4baths
3,750sqft
$1,500,000
$400price/sqft
$10,058/moest. monthly cost
$402,320/yrincome needed

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.

Getting Around

88
WalkingVery Walkable
0
TransitVery Limited Transit
46
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1901

Materials

  • Construction materials: Brick

Notable Dates

  • Major remodel year: 2006

Type & Style

  • Home type: SingleFamily
  • Architectural style: Other
  • Property subType: Houseboat,Residential

Interior

Appliances

  • Appliances included: Other

Basement

  • Has basement: Yes
  • Basement: Partial

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • High Ceilings,Open Floorplan,Storage
  • Attic: None

Heating & Cooling

  • Heating features: Baseboard
  • Cooling features: Wall/Window Unit(s)

Interior Area

  • Total structure area: 3,750
  • Total interior livable area: 3,750 sqft

Property

Details

  • Parcel number: 025240010
  • Attached to another structure: Yes
  • Special condition: None

Lot

  • Lot size: 2,696 sqft
  • Lot size dimensions: 19.12 ft x 100 ft

Parking

  • Parking features: Other

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveVery High
  • Cold Wave
    Cold WaveRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Earthquake
    EarthquakeModerate
  • Inland Flooding
    Inland FloodingModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Cold Wave
Strong Wind
Winter Weather
Earthquake
Inland Flooding
Tsunami

FEMA Declared Disasters in Bronx County and New York

Flood
Severe Storm
Snowstorm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $7,584$91,008
Home Insurance *$880$10,560
Property Taxes $975$11,700
Electricity $619$7,436
Total$10,058$120,696
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$344,845/yr
40% on housing$301,740/yr
45% on housing$268,213/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 3.3%
3.3%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -0.5%
-0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$400This listing

vs Other Active Listings

Avg $/sqft

ZIP 10452$323
Bronx County$399

vs Homes Sold Last Month

Median $/sqft

ZIP 10452$386
Bronx County$409

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-27Listed for sale$1,500,000
2021-01-21Sold$835,000
2019-02-04Listing removed$2,450
2019-01-26Listed for rent$2,450
2015-06-12Listing removed$599,000
2015-06-11Pending sale$599,000
2015-06-11Listed for sale$599,000
2015-01-07Sold$575,500
2014-10-27Listed for sale$595,000
2014-09-30Sold$599,000
2014-01-30Price change$599,000
2013-10-05Listed for sale$659,000

For Sale by Agent

AgentEsperanza Estrella
BrokerageLocqube New York, Inc.

Similar Homes