Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

591 Van Nest Avenue, Bronx, NY, 10460

11beds
6baths
8,000sqft
$999,999
$125price/sqft
$7,404/moest. monthly cost
$296,160/yrincome needed

About This Home

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!

Getting Around

77
WalkingVery Walkable
0
TransitVery Limited Transit
72
BikeVery Bikeable

Construction

Condition

  • Property condition: Actual
  • Year built: 1908

Materials

  • Construction materials: Brick

Notable Dates

  • Major remodel year: 1908

Type & Style

  • Home type: MobileManufactured
  • Architectural style: Traditional
  • Property subType: Manufactured On Land,Residential

Interior

Appliances

  • Appliances included: None

Basement

  • Has basement: Yes
  • Basement: Full,Partially Finished

Bedrooms & Bathrooms

  • Bedrooms: 11
  • Bathrooms: 6
  • Full bathrooms: 6

Features

  • Other
  • Attic: None

Heating & Cooling

  • Heating features: Other
  • Cooling features: Wall/Window Unit(s)

Interior Area

  • Total structure area: 11,400
  • Total interior livable area: 8,000 sqft

Property

Details

  • Parcel number: 040210029
  • Attached to another structure: Yes
  • Special condition: None

Lot

  • Lot size: 2,375 sqft