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    591 Van Nest Ave Bronx, NY 10460

    Sponsored
    For Sale
    $1,099,999

    MULTI_FAMILY - Bronx, NY

    Lot size:
    0.05 Acres
    Days on Market:
    43
    Last Refresh:
    Jan 5 at 2:06 pm

    Property Features for 591 Van Nest Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R5
    Rooms
    Basement
    APN
    04021-0029
    Basement
    Full, Partially Finished
    Lot size
    0.05 Acres

    Utilities

    Utilities
    Water Available
    Sewer type
    Public Sewer
    Heating system
    Natural Gas
    Cooling system
    Wall/Window Unit(s), Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    1908
    Floors in Building
    3
    Number of units
    6
    Building materials
    Brick

    Coldwell Banker American Homes (800) 270-6318 [email protected]

    Listing agent Amer F. Alsaidy (929) 452-6838

    Listing date Nov 24, 2025

    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 Investment Opportunity

    This solid brick building in the Van Nest neighborhood of the Bronx offers a buy and hold opportunity. The property features six units, with an additional basement studio for extra space. Some units have been recently renovated with modern finishes. The property has upside potential, with the city having increased the assessed value. The owner is in the process of requesting a dismissal to remove current violations. The property is situated near Pelham Parkway, the Bronx Zoo, and multiple transit options, in a rapidly appreciating neighborhood.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    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
    -73.86836
    Latitude
    40.842535

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    FAQs

    What type of property is this?
    Apartment building - Six-unit building with upside potential in Van Nest neighborhood.
    Where is this apartment building located?
    The property is located at 591 Van Nest Ave Bronx, NY.
    What is the asking price?
    The asking price for this property is $1,099,999.
    What are key features of this property?
    This property features: - Six income-producing units plus an additional basement studio offer significant cash flow potential.; - Located in a rapidly appreciating neighborhood near Pelham Parkway and the Bronx Zoo.; - Some units recently renovated with modern finishes.
    (929) 452-6838
    Request Owner's contact information
    591 Van Nest Ave Bronx, NY 10460
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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
    591 Van Nest Ave Bronx, NY 10460
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