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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!

Features
Heating System:
Natural Gas
Cooling System:
Wall/window Unit(s)
Basement:
Full, Partially Finished
Sewer:
Public Sewer
Utilities:
Natural Gas Available, Water Available
Address Map
City:
NY
State:
NY
County:
Bronx County
Property and Construction
Development Status:
Brick
Elementary School:
Ps 105 Sen Abraham Bernstein
High School:
Collegiate Inst For Math & Sci
Agent MlsId:
500851
Office MlsId:
BRMN07
MiddleOrJunior School:
Bronx Park Middle School
Number Of Units:
6
Special Listing Conditions:
No
Stories Total:
3
Tax Annual Amount:
$18,613
Water Source:
Public
Zoning:
R5
PhotosCount:
12

Commercial Sale For Sale

591 Van Nest Avenue, New York, NY

2,375 Acre
$1,099,999
Listing ID #887804
Basic Details
Property Type :
Commercial Sale
Property SubType :
Multi Family
Listing ID :
887804
Price :
$1,099,999
Bathrooms Total :
0
Building Area :
11,400 Sqft
Lot Area :
2,375 Acre
Year Built :
1908
Status :
Active
Status :
Active
Listing Office :
Coldwell Banker American Homes
Listing Agent :
Amer F. Alsaidy
Agent info
Kasner Properties
284 W Park Ave Long Beach, NY 11561
Contact Agent
Walkscore
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