591 Van Nest Avenue, Bronx, NY 10460
MULTI_FAMILY - Bronx, NY
Property Features for 591 Van Nest Avenue
General Information
Taxes and HOA fees
Utilities
Building Details
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Investment Insights
Based on property information with market context.
The property is described as rent-stabilized and is being offered as-is. The current owner reports that 23 of 36 cited violations have been addressed, with the remaining items awaiting official clearance. One apartment has been completely gutted and extensively renovated and is currently under a vacate order, while remaining requirements are nearing completion. Several apartments are also noted as rented below their legal regulated rents, with an emphasis on potential income increases over time for an experienced multifamily investor familiar with New York City rent stabilization.
The lot size is 0.0545 acres, and the transaction documentation referenced includes a rent roll, income and expense information, violation reports, and details of completed improvements.
Key Highlights
- Six‑unit brick apartment building on 0.0545‑acre lot
- Rent‑stabilized building being sold as‑is
- 23 of 36 cited violations addressed, awaiting official clearance
Property Analytics
Current Use
Lease Details
Location Intelligence
Trade Area within ½ mile
Demographics for 10460, NY
Market
Vacancy Rate% for Multifamily in Northeast region