918 Summit Ave Bronx, NY 10452
Highbridge NeighborhoodEstimated payment $8,653/month
Highlights
- Open Floorplan
- Storage
- Baseboard Heating
- High Ceiling
About This Home
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 Opportunity 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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,320
Year Built
- Built in 1901 | Remodeled in 2006
Lot Details
- 1,912 Sq Ft Lot
Home Design
- Property Attached
- Brick Exterior Construction
Interior Spaces
- 3,750 Sq Ft Home
- Open Floorplan
- High Ceiling
- Storage
- Partial Basement
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Full Bathrooms
Schools
- Ps 73 Bronx Elementary School
- JHS 22 Jordan L Mott Middle School
- Bronx School For Law High School
Utilities
- Cooling System Mounted To A Wall/Window
- Baseboard Heating
Listing and Financial Details
- Legal Lot and Block 0010 / 02524
- Assessor Parcel Number 02524-0010
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $8,320 | $43,909 | $5,004 | $38,905 |
| 2025 | $7,849 | $41,424 | $5,688 | $35,736 |
| 2024 | $7,849 | $39,079 | $5,187 | $33,892 |
| 2023 | $7,614 | $37,492 | $4,880 | $32,612 |
| 2022 | $7,356 | $46,740 | $7,200 | $39,540 |
| 2021 | $7,701 | $48,360 | $7,200 | $41,160 |
| 2020 | $7,307 | $60,840 | $7,200 | $53,640 |
| 2019 | $6,813 | $54,300 | $7,200 | $47,100 |
| 2018 | $6,369 | $31,243 | $5,356 | $25,887 |
| 2017 | $663 | $30,708 | $5,877 | $24,831 |
| 2016 | $650 | $30,708 | $5,785 | $24,923 |
| 2015 | $444 | $29,838 | $4,487 | $25,351 |
| 2014 | $444 | $19,489 | $3,806 | $15,683 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/27/2026 07/27/26 | For Sale | $1,500,000 | +160.6% | $400 / Sq Ft | |
| 01/07/2015 01/07/15 | Sold | $575,500 | -12.7% | $134 / Sq Ft | View Prior Sale |
| 05/28/2014 05/28/14 | Pending | -- | -- | -- | |
| 09/27/2013 09/27/13 | For Sale | $659,000 | -- | $153 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $835,000 | -- | |
| Deed | $575,500 | -- | |
| Deed | -- | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $146,000 | Unknown | |
| Open | $653,500 | Purchase Money Mortgage | |
| Previous Owner | $531,643 | New Conventional |
Source: OneKey® MLS
MLS Number: 1029698
APN: 02524-0010
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Ask me questions while you tour the home.