847 Castle Hill Avenue presents a rare opportunity to acquire a fully vacant mixed-use asset in the heart of the bustling Castle Hill corridor. Situated on a 2,035 square foot lot and offering approximately 2,763 square feet of interior space, this well-maintained property is ideally positioned for investors, owner-users, or 1031 exchange buyers seeking immediate upside. The offering includes a highly visible ground-floor commercial storefront of approximately 500 square feet, perfectly suited for retail, office, or professional use, along with three residential units consisting of a first-floor two-bedroom apartment with direct access to a private fenced backyard, a second-floor two-bedroom apartment, and an additional second-floor one-bedroom apartment. Each residence features a full bathroom, generous natural light, and functional layouts, with select interiors enhanced by modern updates including shaker-style cabinetry. With two occupants currently in the process of vacating, the property will be delivered fully vacant at closing, allowing for immediate lease-up at market rents or seamless owner occupancy. A true value-add opportunity in one of the Bronx’s most active and established mixed-use corridors.
| MLS # | 990959 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1920 |
| Days On Site | 130 |
| Listing Provided By | Keller Williams Realty Group | Carlos J. Mercedes |
| Bed(s) | 5 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 2,763 |
| Basement | Y |
| Units | 4 |
| Acreage | 0.05 |
| Cooling | Wall/Window Unit(s) |
|---|---|
| Heating | Natural Gas |
| Interior Features | Entrance Foyer, Granite Counters, High Ceilings, Storage |
| Construction Materials | Frame, Vinyl Siding |
|---|
| Garage Yes / No | No |
|---|---|
| Parking Features | Off Street |
| Utilities | Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Trash Collection Public, Underground Utilities, Water Connected |
|---|---|
| Sewer | Public Sewer |
| Tax Year | 2025 |
|---|---|
| Tax Assessed Value | 220950 |
| Tax Annual Amount | 9237.76 |
| State | NY |
|---|---|
| County | Bronx County |
| City | Bronx |
| Zip Code | 10473 |
| Listing VS Median (in 10473) | |
Price: $1,300,000 low | high Med: $527,000 sqft: 2,763 low | high Med: 1,206 $ / sqft: $471 low | high Med: $437 On site: 130 low | high Med: 118 | |
| State | NY |
|---|---|
| County | Bronx County |
| City | Bronx |
| Zip Code | 10473 |
| Listing VS Median (in 10473) | |
Price: $1,300,000 low | high Med: $527,000 sqft: 2,763 low | high Med: 1,206 $ / sqft: $471 low | high Med: $437 On site: 130 low | high Med: 118 | |