591 Van Nest AVE new

Bronx,NY 10460

$ 1249999

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 887804

Rental Info No

Year Built 1908

Annual Tax Amount $18,613

Lot Size 2,374 Sqft

Acres 0.0545

Property Sub-Type Multi Family

Source onekey2

Property Description

INCREDIBLE BUY & HOLD OPPORTUNITY IN VAN NEST! This solid brick building offers 6 TOTAL UNITS that can generate additional income. Also includes an extra basement studio for additional space! Some units have been recently renovated with modern finishes, leaving only minor touch-ups needed to fully maximize rents.

The property is loaded with UPSIDE POTENTIAL: city has significantly increased the assessed value this year, reflecting the area's growing demand. While there are current violations, the owner is in the middle of a dismissal request to remove all of them — don't let that scare you away from serious CASH FLOW.

Ideally situated near Pelham Parkway, the Bronx Zoo, and multiple transit options, this is a perfect long-term hold in a rapidly appreciating neighborhood.

Secure this income-producing asset today and ride the wave of Bronx growth!

Location

State NY

County Bronx County

Rooms

Basement Full,Partially Finished

Interior

Heating Natural Gas

Cooling Wall/Window Unit(s)

Fireplace No

Exterior

Utilities Available Natural Gas Available,Water Available

Building

Story 3

Sewer Public Sewer

Water Public

Structure Type Brick

Schools

Elementary Schools Ps 105 Sen Abraham Bernstein

Middle Schools Bronx Park Middle School

High Schools Bronx 11

School District Bronx 11

Others

Special Listing Condition None

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