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    560 E 189Th St Bronx, NY 10458

    For Sale
    $2,199,000

    Multi Family - Bronx, NY

    Type:Single Family Attached
    Property size:
    16,500 SF
    Lot size:
    0.06 Acres
    Days on Market:
    109
    Last Refresh:
    Dec 13 at 2:06 pm

    Property Features for 560 E 189Th St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Single Family Attached
    Standard status
    Active
    Rooms
    Basement
    APN
    03058-0086
    Parking features
    Open
    Exterior features
    Corner Lot, Fencing
    Fencing
    Fenced
    Basement Y/N
    1
    Appliances
    Cooktop, Cooktop - Gas, Oven - Gas, Refrigerator
    Size
    16,500 SF
    Lot size
    0.06 Acres

    Utilities

    Heating system
    Oil

    Building Details

    Year built
    1910
    Number of units
    21
    Flooring type
    Hardwood, Tile
    Building materials
    Brick
    Architectural style
    Other

    Laffey International Realt Estate (800) 774-1462 [email protected]

    Listing agent Melina Spahija (800) 774-1462 License #10401344611

    Listing date Aug 27, 2025

    MLS# 878460 Listing URL

    Copyright © 2025 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Bronx Multifamily Building Near Arthur Avenue

    Offered for the first time in nearly five decades, this 21-unit pre-war walk-up building is located one block from Arthur Avenue. Situated on a corner lot, the standalone building benefits from natural light in nearly every unit, with windows on multiple exposures. The property contains 18 income-producing units, two owner-occupied apartments, and one vacant unit, presenting a blend of immediate cash flow and potential upside. The vacant unit offers a day-one leasing opportunity, while the owner-occupied apartments can be repositioned over time. Investors may find opportunity for yield growth through renovation, lease turnover, and improved management. The location is blocks from Fordham University, multiple hospitals, and transit corridors. The property is 16,500 square feet in size and sits on a lot of approximately 0.0618 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    DPX Construction Contractor

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bronx
    County
    Bronx
    State
    New York
    Longitude
    -73.887174
    Latitude
    40.857827

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    FAQs

    What type of property is this?
    Apartment building - 21-unit multifamily building near Arthur Avenue with income potential.
    Where is this apartment building located?
    The property is located at 560 E 189Th St Bronx, NY.
    What is the asking price?
    The asking price for this property is $2,199,000.
    What are key features of this property?
    This property features: - Prime corner lot location, one block from Arthur Avenue, offering exceptional natural light in nearly every unit.; - 21-unit building with a blend of 18 income-producing units, 2 owner-occupied apartments, and 1 vacant unit.; - Vacant unit offers immediate leasing opportunity.
    (800) 774-1462
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    560 E 189Th St Bronx, NY 10458
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    Bronx, NY 10458
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    560 E 189Th St Bronx, NY 10458
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