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!
For sale
Price cut: $50K (11/24)
$1,099,999
591 Van Nest Avenue, Bronx, NY 10460
11beds
8,000sqft
Manufactured On Land, Residential
Built in 1908
2,375 Square Feet Lot
$-- Zestimate®
$137/sqft
$-- HOA
What's special
Modern finishesSolid brick buildingExtra basement studio
- 102 days |
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