MLS#887804
STATUSActive
PROPERTY TYPECommercial -
SCHOOLBronx 11
Listed By / Shown By
Listing By
Agency Name: Coldwell Banker American Homes
Agent Name: Amer Alsaidy
Agent Phone: (929) 452-6838
Property Description
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
Property Type: Commercial -
Basement: Yes
Basement: Full, Partially Finished
Cooling: Wall/Window Unit(s)
Heating: Natural Gas
Lot Size: 0.05 Acres
Stories: 3.0
Taxes: $18,613
Year Built: 1908
Feature Descriptions
Building Area Total: 11400
Days on Site: 268
Exterior: Brick
On Market Date: 2025-07-31
Parcel Number: 04021-0029
Property Attached Y/N: 1
Rental Term: Monthly
Seller Concession: Yes
Separate Electric Meters: 6
Separate Gas Meters: 6
Sewer: Public Sewer
Tenant Pays: Electricity, Water
Units: 6
Utilities: Natural Gas Available, Water Available
Water: Public
Local Schools
High School: Collegiate Inst For Math & Sci
Middle School: Bronx Park Middle School
Elementary School: Ps 105 Sen Abraham Bernstein
School District: Bronx 11
591 Van Nest Avenue | MLS# 887804
This commercial property located at 591 Van Nest Avenue, Bronx, NY 10460 is currently listed for sale by Coldwell Banker American Homes, with an asking price of $999,999. Van Nest Avenue is located within the Bronx 11 school district. Search Bronx real estate on www.cbamhomes.com today.