Dramatic moment Homeland Security agents raid New York squatting home full of eight migrants including attempted murder suspect and seven-year-old child - as cops seize drugs and guns from basement

Homeland Security agents have raided a basement in the Bronx where migrants were squatting with drugs and guns.

A group of eight migrants from Venezuela had been camping out in the New York basement when police received a call about a man with a gun close to a nearby school. 

Authorities then obtained a search warrant and found two more loaded guns, three loaded extended magazines, ammunition and a bag of ketamine mixed with cocaine. 

There was also a seven-year-old boy found in the home along with the group of migrants, who are said to be from Venezuela. 

The illicit activity had allegedly been going on for months - right across the street from a school, according to FOX news.

Dramatic footage shows four NYPD officers dashing into the basement of a multi-family home and returning with multiple people in handcuffs.

The raid initially resulted in eight arrests and police suspect that the migrants were illegally squatting in the property. 

All eight suspects face gun, drugs and child endangerment charges - however, all but two of them were released without bail following the arrest. 

One of the migrants had an open case for an attempted murder in Yonkers, according to NYPD chief of Patrol John Chell.

Another individual in the group of Venezuelans had an open case for walking around with an open gun. 

Police initially discovered the basement-turned-drug den when the migrant spotted just footsteps away from a school with a gun fled.

Officers chased 24-year-old Hector Desousa Villata to the home on Hull Avenue, where he was arrested along with seven other migrants. 

At the home, 22-year-old Javier Alborno tried to flee with a weapon but was quickly arrested. 

'Two of the people with the guns had open cases, one for an attempted murder in Yonkers, and one walking around with an open gun indictment, walking around,' said NYPD Chief of Patrol John Chell. 

A neighbor said 'They're squatters and the owner has been trying to get them out of the apartment for the longest period of time.

 'I think he has a court date set, apparently because they're squatters for more than 30 days. They came, they were a disruptive force mainly because there were a lot of them. You didn't know who was staying, not staying there, and the owner of the building had a hell of a time trying to get them out,' said neighbor Alfred Munoz to ABC7.