1181 Sackett Avenue, Bronx, NY 10461 - Photo 1

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$2,300,000

For Sale
Active
Commercial

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Property Description

NOTHING BUT AN UPSIDE for this 5 Family sleeper in the Morris Park Community of Community Board 11. No Rent Control, No Rent Stabilization, No Leases. It doesn't get better than this. 5 Rental units, currently below fair market rent and 5 car garage. Projected Gross Annual Rent after toy take over,$136,200. You cant miss. This property is located with "sleeping" distance to Montefiore Hospital, 10 Minutes to The Hutchinson River Parkway. 15 Minutes to the Bruckner and Cross Bronx Expressway and with Congestion Tolls here to stay, 20-25 minute drive to midtown Manhattan. Formerly the side of a hat manufacturing company with retail space at front (see old photo) this investors dream is here for the offering, Best part of this transaction, owner will consider holding mortgage for the credit worthy investor. Room count as follows: 4 One Bedroom apartment and 1 Three Bedroom Apartment. ACT TODAY and put your offer in for this rare gem of a find.

Full Property Details

Full Property Details for 1181 Sackett Ave

General

Price: $2,300,000
Taxes: $25,235
Status: Active
Type: Commercial
Source: Long_Island
MLS ID: 848299
Updated: 4/12/2025
Added to Site: 282 day(s) ago

Interior

Appliances: Gas Water Heater

Additional Information

Amenities: Park, Sidewalks
Security/Safety: Video Cameras

Parking

Total Spaces: 5
Parking Features: Detached, Garage

Location

County: Bronx County
Cross Streets: Herring Avenue
Driving Directions: Herring Avenue to Sackett Ave T Intersection look for 5 car garage Building On Corner
Direction Faces: South

School Information

High School District: Bronx
Elementary School: Contact Agent
Middle School: Contact Agent
High School: Contact Agent

Heating & Cooling

Cooling Type: Multi Units
Heating Type: Oil

Utilities

Sewer: Public Sewer
Water: Public
Utility Description: Trash Collection Public

Structural Information

Detached/Attached: Detached
Construction: Brick
Basement: Yes
Basement Desc.: Full Basement
Stories/Levels: 2
Stories in Building: 2
Building Size: 3960
Square Feet: 3,960
Year Built: 1920

Additional Structures

Other Structures: Garage(s)

Lot Features

Property View: City
Lot Size (Acres): 0.069
Lot Size (Sq. Ft.): 3,006
Frontage: Municipal
Road Maintenance: Public Maintained Road
Fence: Yes
Lot Features: Near Public Transit, Near School, Near Shops
Fencing (Description): Back Yard

Financial Considerations

Tax Amount: $25,235
Tenant Pays: Electricity, Gas

Disclosures and Reports

Special Conditions: None
Property ID: 15-4091-1

Listed by Richard Greco Real Estate

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Schools

Schools serving 1181 Sackett Ave

School District:New York City Geographic School District 11

Name	Grades	Distance
Ps 108 Philip J Abinanti 1166 Neill Ave, The Bronx, NY 10461	K-5	0.6 mi
Jhs 144 Michelangelo 2545 Gunther Ave, The Bronx, NY 10469	6-8	1.3 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1181 Sackett Ave Get Price Alerts and Save Property

Date

Details

Price

Change

Source

4/12/2025

Listed

$2,300,000

596.97%

MLS

2/16/2001

Sold

$330,000

—

Public Record

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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 1181 Sackett Ave

Year

Property Taxes

Change

Tax Assessment

Change

2025

$20,902

—

$167,219

—

2024

$20,906

3%

$167,218

3%

2023

$20,254

100%

$162,010

-59%

2022

100%

$393,750

24%

2021

-100%

$318,150

-9%

2020

$16,044

-1%

$349,200

2%

2019

$16,223

11%

$342,360

175%

2017

$14,678

—

$124,623

8%

2017

$14,678

7%

$115,404

8%

2016

$13,776

8%

$106,861

8%

2015

$12,747

—

$98,946

—

2015

$12,720

7%

$98,946

3%

2013

$11,925

—

$95,864

—

View All

Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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1181 Sackett Avenue, Bronx, NY 10461 (MLS# 848299) is a Commercial property. 1181 Sackett Avenue is currently listed for $2,300,000 and was received on April 12, 2025. Want to learn more about 1181 Sackett Avenue? Do you have questions about finding other Commercial real estate for sale in Bronx? You can browse all Bronx real estate or contact a Coldwell Banker agent to request more information.

1181 Sackett Ave Bronx, NY 10461