Six-Unit Brick Multifamily
For Sale
$849,999
591 Van Nest Avenue, Bronx, NY 10460
MULTI_FAMILY - Bronx, NY
Property SizeContact for details
Lot Size0.05 Acres
Days on Market50
Property Features for 591 Van Nest Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R5
Rooms
Basement
Parking features
On Street
Basement
Walk-Out Access
Elementary school
Ps/Ms 498 Van Nest Academy
Middle school
Jhs 127 Castle Hill (The)
High school
Bronx Academy Of Health Careers
Elementary school district
Bronx 11
Middle school district
Bronx 11
High school district
Bronx 11
Standard status
Active
APN
04021-0029
Lot size
0.05 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
18618
Utilities
Utilities
Water Available
Sewer type
Public Sewer
Heating system
Natural Gas
Cooling system
Window Unit(s), Wall/Window Unit(s)
Water source
Public
Building Details
Year built
1908
Number of units
6
Building materials
Brick
Listing Agency:
Coldwell Banker American Homes · Coldwell Banker Real Estate
(718) 206-1340
Listed By:
Amer F. Alsaidy
(929) 452-6838
Added: Jun 26
Changed: Aug 1
Last Checked: Aug 14 at 11:06AM
MLS# 1019150
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.
Investment Insights
Based on property information with market context.
Six-unit brick multifamily building in the Van Nest section of the Bronx. Built in 1908, the property includes basement rooms and is served by natural gas heating. Cooling is provided via window and wall/window units, and utilities include water available with public water and public sewer service. Parking is on street.
The property is offered AS IS and is being positioned as a value-add investment opportunity. Documentation includes a rent roll, income and expense information, violation reports, and details of completed improvements. Approximately 23 of 36 cited violations have been addressed and are awaiting official clearance. One apartment has been completely gutted and extensively renovated and is currently under a vacate order, with remaining requirements nearing completion. Several apartments are currently rented below their legal regulated rents.
Zoned R5, the building supports an experienced multifamily investor looking to address current conditions and complete the outstanding improvement and compliance items.
The property is offered AS IS and is being positioned as a value-add investment opportunity. Documentation includes a rent roll, income and expense information, violation reports, and details of completed improvements. Approximately 23 of 36 cited violations have been addressed and are awaiting official clearance. One apartment has been completely gutted and extensively renovated and is currently under a vacate order, with remaining requirements nearing completion. Several apartments are currently rented below their legal regulated rents.
Zoned R5, the building supports an experienced multifamily investor looking to address current conditions and complete the outstanding improvement and compliance items.
Key Highlights
- 0.0545‑acre lot size with six‑unit brick construction
- R5 zoning with basement rooms; on‑street parking
- Natural gas heating with window and wall/window unit cooling
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
2,704
Businesses Nearby
Explore this area
Business Placement
Demographics for 10460, NY
62,625
Population
24,085
Households
2.6
Avg Household Size
34
Median Age
15%
College-Educated
71%
High-School Grad
1.5 sq mi
ZIP Area
41,750
Density / Sq Mi
$36,067
Median Household Income
$31,283
Median Earnings
$1,332
Median Rent
$589,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - R5 zoned, six-unit brick multifamily with natural gas heat and public water and sewer; on-street parking.
Where is this apartment building located?
The property is located at 591 Van Nest Avenue Bronx, NY.
What is the asking price?
The asking price for this property is $849,999.
What are key features of this property?
This property features: 0.0545‑acre lot size with six‑unit brick construction; R5 zoning with basement rooms; on‑street parking; Natural gas heating with window and wall/window unit cooling
