
591 Van Nest Avenue, New York, NY, 10460
$999,999
$1,249,999
activeBedrooms
11
Bathrooms
6
Sq Ft
8,000
Lot Size
2,375 sqft
Year Built
1908
Type
Single Family
Estimate. Actual payment depends on credit, lender, taxes, and insurance.
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!
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Listed by Amer F. Alsaidy, Coldwell Banker American Homes
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