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591 Van Nest Ave, Unit The Bronx, NY 10460

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For Sale
$1,099,999

Six-unit building with income potential near Pelham Parkway and Bronx Zoo.

Lot size:
0.05 Acres

Property Features for 591 Van Nest Ave

General Information

Property type
Commercial
Standard status
Active
Lot size
0.05 Acres

Building Details

Year built
1908

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Listing Contact
Amer F. Alsaidy
Source: Elliman

Listing Agency: Coldwell Banker American Homes Listing Agent: Amer F. Alsaidy

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Van Nest Multifamily Investment Opportunity

This solid brick building in Van Nest offers a total of six units, presenting an opportunity for income generation. An additional basement studio provides extra space. Some units have been recently renovated with modern finishes, requiring only minor touch-ups to maximize rents. The property has upside potential, with the city having increased the assessed value, reflecting the area’s growing demand. The owner is currently requesting dismissal of existing violations. Ideally located near Pelham Parkway, the Bronx Zoo, and multiple transit options, this property is positioned in a rapidly appreciating neighborhood.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

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

Location Insight

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  • Local Demand
City
Bronx
County
Bronx
State
New York
Longitude
-73.86836
Latitude
40.842535

FAQs

What type of property is this?
Apartment building - Six-unit building with income potential near Pelham Parkway and Bronx Zoo.
Where is this apartment building located?
The property is located at 591 Van Nest Ave, Unit The 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-generating units plus an additional basement studio.; - Upside potential due to increased assessed value reflecting growing demand.; - Some units recently renovated with modern finishes.
More about this property
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