Searching ...

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.

Highlights

  • Residential
  • Built in 1901
  • 0.0439 Acre Lot
  • 109 days on Market

  • Bedrooms
    6
  • Bathrooms
    4
  • Year Built
    1901
  • Architectural Style
    Other
  • Construction Materials
    Brick
  • Parking Features
    Other
  • Living Area
    3750.0
  • Interior Features
    Storage, High Ceilings, Open Floorplan
  • Appliances
    Other
  • Cooling
    Wall/Window Unit(s)
  • Heating
    Baseboard
  • Basement
    Partial

  • Acres
    0.0439
  • Utilities
    None
  • Water
    Public


Ask a Question

What's your home worth?

Calculate your current home value within seconds.

Frequently Asked Questions

How do I schedule a tour of 918 Summit Ave?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 918 Summit Ave.

They know residentials in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 918 Summit Ave?

Click Ask a Question to talk with our team. You already know it is a 6 bed, 4 bath, listed for $1,500,000. We can talk through recent upgrades, potential seller motivation, how this residential compares to others in Bronx, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 918 Summit Ave?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 918 Summit Ave at around $9,229. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 918 Summit Ave?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Bronx County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 918 Summit Ave?

In most cases, yes. Whether 918 Summit Ave is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Bronx's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 918 Summit Ave?

We can handle that for you. Our preferred local agent specializes in residentials in Bronx and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $1,500,000 with 3,750 sqft of space—that comes out to approximately $400 per square foot.

How long has this property been on the market?

918 Summit Ave was listed on July 27, 2026, which means it's been on the market for 109 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1901, making it approximately 125 years old.

What is the lot size of this property?

918 Summit Ave sits on a 0.04-acre lot, which is 1,742 square feet.

What schools are assigned to this property?

Based on MLS info, this home is zoned for:

  • Elementary: Ps 73 Bronx
  • Middle: Jhs 22 Jordan L Mott
  • High: Bronx School For Law, Gov, Justice

Want to see how these schools compare? Check out our Bronx County School Guide to see ratings, reviews, and more for the schools in the area.

What are the property taxes for 918 Summit Ave?

The most recent public record shows annual property taxes for 918 Summit Ave were approximately $8,320. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is 918 Summit Ave still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

Popular Home Searches in Bronx, NY


Search Nearby Cities


Search Nearby Counties


Search Nearby Postal Codes

Listing information 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 by the MLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Copyright 2026, OneKey MLS. All rights reserved.

Last Updated: November 13, 2026 at 06:06PM | Source: OneKey MLS | MLS#: 1029698