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About This Home
This 11-bedroom, 6-bathroom single family at 591 Van Nest Avenue in Bronx, NY is listed for $999,999 ($125 per sqft). Built in 1908, the home offers 8,000 sqft of living space on a 0.05 acres lot.
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!
Key Features
- Built in 1908
- 0.05 acre lot
Property Details
Amenities
Monthly Cost Estimate
$5,348/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
591 Van Nest Avenue
Bronx, NY 10460
Property Details
Construction
Heating
Cooling
Questions & Answers
This 11-bedroom, 6-bathroom single family at 591 Van Nest Avenue is listed at $999,999 ($125/sqft). The estimated monthly payment is $4,333 based on 20% down at 6.5% interest.
Key features include: Built in 1908, 0.05 acre lot.
This property is listed by Amer F. Alsaidy and can be reached at 9294526838 or aalsaidy@cbamhomes.com.