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Multifamily Building with Commercial Units
For Sale
$2,250,000

907 Southern Blvd The, Bronx, NY 10459

Building with 19 residential units plus 2 commercial units, with listed annual expense totals and NOI provided.

Property Size21,855 SF
Days on Market46

Property Features for 907 Southern Blvd The

General Information

Standard status Active
Size 21,855 SF
Property subtype Commercial

Additional Details

Business Included Yes
Multifamily Units 19

Taxes and HOA fees

Annual Taxes $91,519

Building Details

Building Size 21,855 SF
Year Built 1925
Units 21
Listing Agency: Silversons Realty, LLC
Listed By: Michele Silverman Bedell
Source: Elliman
Added: Jul 9 Changed: Aug 14 Last Checked: Aug 23 at 5:44AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Silversons Realty, LLC

Investment Insights

Based on property information with market context.

This commercial building contains 19 residential units and 2 commercial units. Reported operating expenses include real estate taxes, insurance, gas and electric, water and sewer, repairs and maintenance, payroll, management at 3%, and other expenses. The listing provides total expenses of $247,979.00 and an NOI of $217,366.

Lifestyle and access metrics shown with the property include a BikeScore of 53, a walk score of 91 (Walker’s Paradise), and a transit score of 90 (Rider’s Paradise), supporting strong day-to-day connectivity for residents and tenants.

For buyers or brokers evaluating income potential, the unit mix and the provided expense and NOI figures offer a clear starting point for underwriting.

Key Highlights

  • 1925‑built commercial building with 19 residential units and 2 commercial units
  • NOI listed as $217,366
  • Annual expenses total $247,979, including real estate taxes, insurance, gas/electric, water & sewer, repairs/maintenance, payroll, and management (3%)

Property Analytics

Current Use

Jaivery Deli & Grocery Grocery & Convenience Store Guadalajara Beauty Salon Hair Salon Grocery & Deli Plus Food Market

Suggested Use

Top Pick Law Firm Real Estate Agency Gym & Fitness Center Skin Care Clinic Acupuncture Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

19
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

4,229
Businesses Nearby

Demographics for 10459, NY

50,984
Population
18,678
Households
2.7
Avg Household Size
34
Median Age
14%
College-Educated
68%
High-School Grad
0.8 sq mi
ZIP Area
63,730
Density / Sq Mi
$39,276
Median Household Income
$30,200
Median Earnings
$1,285
Median Rent
$589,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Building with 19 residential units plus 2 commercial units, with listed annual expense totals and NOI provided.
Where is this apartment building located?
The property is located at 907 Southern Blvd The Bronx, NY.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: 1925‑built commercial building with 19 residential units and 2 commercial units; NOI listed as $217,366; Annual expenses total $247,979, including real estate taxes, insurance, gas/electric, water & sewer, repairs/maintenance, payroll, and management (3%)
More about this property
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