MLS#879978
STATUSActive
PROPERTY TYPECommercial -
Property Description
REO-PRIME INVESTMENT PROPERTY- INTRODUCING 576 SOUTHERN BLVD. BRONX, NY, A RARE OPPORTUNITY TO ACQUIRE A SOLID INCOME PRODUCING ASSET FULLY OCCUPIED WITH A 7.61 CAP RATE, THIS. 5 STORY AND 21 UNIT RENT- STABALIZED BUILDING OFFERS CONSISTENT CASH FLOW AND LONG TERM UPSIDE IN ONE OF NEW YORK CITY'S MOST STABLE RENTAL MARKETS. BUILDING IS LOCATED NEAR ALL PUBLIC TRANSPORTATION, SCHOOLS, SHOPPING, AND ALL OTHER LOCAL AMENITIES. DO NOT MISS THIS CHANCE TO OWN A STABLE, CASH FLOWING ASSET IN ONE OF THE BRONX'S MOST PROMISING CORRIDORS. CONTACT US TODAY FOR ALL FINANCIALS, RENT ROLLS, OR TO SCHEDULE A VIEWING! OWNER FINANCING AVAILABLE!!!!
Property Features
Property Type: Commercial -
Basement: Full
Basement: Yes
Cooling: None
Heating: Natural Gas
Lot Size: 0.10 Acres
Taxes: $98,749
Year Built: 1909
Feature Descriptions
Building Area Total: 19800
Days on Site: 373
Exterior: Brick
On Market Date: 2025-06-19
Parcel Number: 02603-0017
Property Attached Y/N: 1
Rental Term: Monthly
Sewer: Public Sewer
Units: 21
Utilities: Natural Gas Connected
Water: Public
Listed By / Shown By
Listing By
Agency Name: DAC Properties Corp
Agency Contact: 516-378-8888
Shown By
Agency Title: Coldwell Banker American Homes
Agency Phone: 866-831-4443
576 Southern Boulevard | MLS# 879978
This commercial property located at 576 Southern Boulevard, Bronx, NY 10455 is currently listed for sale with an asking price of $2,400,000. Search Bronx real estate on www.cbamhomes.com today.