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1180 Sherman Avenue

Bronx, NY 10456
  • $1,599,999
  • STATUS: Active
  • ON SITE: 32 Days
  • MLS #: 821914
$1,599,999
  • 8
    BEDS
  • 0.05
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1992
County:
Area:

School Ratings & Info

Description

Welcome to 1180 Sherman. This fully renovated four-family property on the Concourse is a rare investment opportunity, offering modern living, strong rental income potential, and R7-1 zoning for future development possibilities. Each of the four updated 2-bedroom, 1-bathroom units features sleek, contemporary finishes, including stainless steel appliances, grey quartz countertops, flint grey cabinetry, hardwood floors, and spacious open-concept layouts perfect for modern living. The generously sized bedrooms comfortably fit queen beds and include ample closet space, while the updated bathrooms complete the stylish aesthetic. Additional highlights include private parking, a full basement with storage and a laundry room, and electric baseboard heating. Located just steps from the 167th Street subway station, this property offers an easy 30-minute commute to NYC and convenient access to major highways, Starbucks, shopping, casual, and fine dining. Whether you're an investor seeking a high-demand rental property or looking to take advantage of future development potential, this is an exceptional opportunity.

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© 2025 OneKey MLS. All rights reserved. IDX information is 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 is deemed reliable but is not guaranteed accurate by the MLS or Nicole Burke, MBA | Charles Rutenberg Realty. Data last updated: 2025-03-15T00:18:29.13.
www.nicoleburkehomes.com/homes/160224475
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1180 Sherman Avenue Bronx, NY 10456

  • Price: $1,599,999
  • Status: Active
  • On Site: 32 Days
  • MLS #: 821914
8
Beds
4
Baths
0
½ Baths
0.05
Acres
1992
Built
Neighborhood:
New York
County:
Bronx
Area:
New York
Property Description
Welcome to 1180 Sherman. This fully renovated four-family property on the Concourse is a rare investment opportunity, offering modern living, strong rental income potential, and R7-1 zoning for future development possibilities. Each of the four updated 2-bedroom, 1-bathroom units features sleek, contemporary finishes, including stainless steel appliances, grey quartz countertops, flint grey cabinetry, hardwood floors, and spacious open-concept layouts perfect for modern living. The generously sized bedrooms comfortably fit queen beds and include ample closet space, while the updated bathrooms complete the stylish aesthetic. Additional highlights include private parking, a full basement with storage and a laundry room, and electric baseboard heating. Located just steps from the 167th Street subway station, this property offers an easy 30-minute commute to NYC and convenient access to major highways, Starbucks, shopping, casual, and fine dining. Whether you're an investor seeking a high-demand rental property or looking to take advantage of future development potential, this is an exceptional opportunity.
Exterior Features

Carport YN No Construction Materials Brick Garage YN No Parking Features AttachedDriveway Parking Total 1 Property Attached YN Yes Waterfront YN No

Interior Features

Basement Details FullStorage Space Basement YN Yes Cooling Wall/Window Unit(s) Interior Features Storage Laundry Features Common AreaIn Basement Num Of1 Bed Rooms 0 Num Of2 Bed Rooms 4 Num Of3 Bed Rooms 0 Num Of4 Bed Rooms 0

Property Features

Building Area Total 3104 Gross Income 134064 Heating Baseboard Number Of Separate Electric Meters 4 Number Of Separate Gas Meters 3 Operating Expense 23685.92 Property Sub Type Quadruplex Senior Community YN No Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 6336.84 Tax Source Municipality Tenant Pays ElectricityGas Utilities Electricity AvailableNatural Gas Available Water Source Public

Listing courtesy of Jeffrie Pena of Pantiga Group Inc.:
© 2025 OneKey MLS. All rights reserved.


© 2025 OneKey MLS. All rights reserved. IDX information is 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 is deemed reliable but is not guaranteed accurate by the MLS or Nicole Burke, MBA | Charles Rutenberg Realty. Data last updated: 2025-03-15T00:18:29.13.
 
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Nicole Burke, MBA | Charles Rutenberg Realty
255 Executive Drive, Suite 208
Plainview NY, 11803