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    576 Southern Blvd Bronx, NY 10455

    Sponsored
    Picture of Apartment buildings at Southern Blvd 576, Bronx, NY
    For Sale
    $2,500,000

    MULTI_FAMILY - Bronx, NY

    Lot size:
    0.10 Acres
    Days on Market:
    1
    Last Refresh:
    Jan 5 at 2:20 pm

    Property Features for 576 Southern Blvd

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement
    APN
    02603-0017
    Basement
    Full
    Lot size
    0.10 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas
    Water source
    Public

    Building Details

    Year built
    1909
    Number of units
    21
    Building materials
    Brick

    DAC PROPERTIES CORPORATION (516) 528-1531 [email protected]

    Listing agent Damien A. Coleman CBR

    Listing date Jan 5, 2026

    Copyright © 2026 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 Investment Opportunity

    This is an opportunity to acquire a fully occupied, income-producing asset at 576 Southern Blvd, Bronx, NY. This 5-story building contains 21 units and offers consistent cash flow. The property is located near public transportation, schools, shopping, and local amenities. The building is rent-stabilized. The lot size is 0.1037 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Cantina Tarasca Mexican Restaurant Exotic Beauty Salon Beauty Salon

    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
    -73.902424
    Latitude
    40.812332

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    FAQs

    What type of property is this?
    Apartment building - Fully occupied, 21-unit building with strong cash flow.
    Where is this apartment building located?
    The property is located at 576 Southern Blvd Bronx, NY.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: - **7.61% Cap Rate: Provides a strong return on investment**; - **21 Rent-Stabilized Units: Offers consistent cash flow** in a stable rental market.; - Fully Occupied: Ensures immediate income generation.
    (516) 528-1531
    Request Owner's contact information
    576 Southern Blvd Bronx, NY 10455
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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
    576 Southern Blvd Bronx, NY 10455
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