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!
Property Features
Utilities
Natural Gas Available
Water Available
Basement
Full
Partially Finished
Cooling Information
Wall/Window Unit(s)
Heating Information
Natural Gas
Water Features
Public
School Information
School Information for 591 Van Nest Avenue, Bronx, NY 10460
Elementary School
Ps 105 Sen Abraham Bernstein
Middle School
Bronx Park Middle School
High School
Collegiate Inst For Math & Sci
Listing Courtesy: Coldwell Banker American Homes - 718-206-1340