591 Van Nest Avenue, Bronx, NY

$1,199,999

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11

Beds

6

Baths

8,000

Square feet

0.05

Acres

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® # 901606
Price $1,199,999
Bedrooms 11
Bathrooms 6.00
Full Baths 6
Square Footage 8,000
Acres 0.05
Year Built 1908
Type Residential
Sub-Type Manufactured On Land
Style Traditional
Status Active

Community Information

Address 591 Van Nest Avenue
City Bronx
County Bronx County
State NY
Zip Code 10460

Additional Information

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Amenities

Utilities Natural Gas Available, Water Available
Is Waterfront No
Has Pool No

Interior

Interior Features Other
Appliances None
Heating Natural Gas, Other
Cooling Wall/Window Unit(s)
Fireplace No

Exterior

Construction Brick

School Information

District Bronx 11
Elementary Ps 105 Sen Abraham Bernstein
Middle Bronx Park Middle School
High Collegiate Inst For Math & Sci

Additional Information

Short Sale No
RE / Bank Owned No
Taxes (total) $18,613

Listing Details

OfficeColdwell Banker American Homes
Office Contact718-206-1340

Listing Map

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