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Property Description

Welcome to 579 E 168th St—a five-unit, brick building with luxurious condo-quality finishes, ideally situated in the Morrisania. This turnkey investment property offers investors a prime opportunity to generate substantial income with minimal maintenance costs. The building has been extensively upgraded, featuring separate utilities and a new roof, plumbing, electrical systems, hardwood flooring, and windows. Each unit boasts high-end finishes, including in-unit washers/dryers, stainless steel appliances, stone countertops, recessed lighting, and a virtual doorman, among other premium touches. With a total of 5,136 square feet, the property houses five full-floor, free-market apartments comprising two 2-bedroom, 2-bathroom, and three 3-bedroom, 2-bathroom units. The property can be delivered vacant by closing, a perfect opportunity for a savvy developer. The building is near shopping, supermarkets, and easy access to public transportation with the MTA B, D, 2, and 5 train lines nearby.

Features
Heating System:
Natural Gas, Baseboard
Cooling System:
Wall/window Unit(s)
Basement:
Finished, Walk-out Access
Appliances:
Gas Water Heater
Flooring:
Hardwood
Lot Features:
Near Public Transit, Near School, Near Shops
Parking Features:
On Street
Sewer:
Public Sewer
Utilities:
Trash Collection Public
Address Map
City:
NY
State:
NY
County:
Bronx County
Property and Construction
Elementary School:
Contact Agent
High School:
Contact Agent
Agent MlsId:
31362
Office MlsId:
PANTGR
MiddleOrJunior School:
Contact Agent
Number Of Units:
5
Tax Annual Amount:
$11,726
Water Source:
Public
PhotosCount:
17

Commercial Sale For Sale

579 168th Street, New York, NY

13 Bedrooms
5,136 Sqft
$1,649,999
Listing ID #H6335911
Basic Details
Property Type :
Commercial Sale
Property SubType :
Multi Family
Listing ID :
H6335911
Price :
$1,649,999
Bedrooms :
13
Bathrooms Total :
0
Square Footage :
5,136 Sqft
Building Area :
5,136 Sqft
Lot Area :
0.05 Acre
Year Built :
1910
Status :
Active
Status :
Active
Listing Office :
Pantiga Group Inc.
Listing Agent :
Jeffrie Pena
Agent info
Kasner Properties
284 W Park Ave Long Beach, NY 11561
Contact Agent
Walkscore
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