About 591 Van Nest Avenue
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 of 591 Van Nest Avenue
| MLS® # | 887804 |
|---|---|
| Price | $1,199,999 |
| Bathrooms | 0.00 |
| Square Footage | 11,400 |
| Acres | 0.05 |
| Year Built | 1908 |
| Type | Commercial |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 591 Van Nest Avenue |
|---|---|
| City | Bronx |
| County | Bronx County |
| State | NY |
| Zip Code | 10460 |
Additional Information
Listing Details
| Office | Coldwell Banker American Homes |
|---|---|
| Office Contact | 718-206-1340 |