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21-Unit Apartment Building
For Sale
$1,999,000

560 E 189th Street, Bronx, NY 10458

Multifamily property near Fordham University, major hospitals, and public transportation corridors.

Property Size16,500 SF
Days on Market381

Property Features for 560 E 189th Street

General Information

Standard status Active
Size 16,500 SF
Property subtype Commercial

Additional Details

Asking Price $1,999,000
Multifamily Units 21

Taxes and HOA fees

Annual Taxes $54,437

Building Details

Building Size 16,500 SF
Year Built 1910
Buildings 21
Stories 5
Units 21
Listing Agency: BERKSHIRE HATHAWAY
Listed By: Melina Spahija
Source: Professionalchoicerealty
Added: Aug 14, 2025 Changed: Aug 28 Last Checked: Aug 28 at 11:30AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BERKSHIRE HATHAWAY

Investment Insights

Based on property information with market context.

Built in 1910, this 21-unit apartment building includes 18 income-producing apartments, two owner-occupied units, and one vacant unit. The property has been held by the same ownership for nearly 50 years and is being offered for sale.

The building is in Belmont, one block from Arthur Avenue, with proximity to Fordham University, major hospitals, and public transportation corridors serving New York City. Its unit mix provides a combination of current rental occupancy, owner use, and one vacant apartment within an established Bronx multifamily setting.

Key Highlights

  • 21‑unit multifamily building constructed in 1910
  • 18 income‑producing units, 2 owner‑occupied units, and 1 vacant unit
  • Located in Belmont, one block from Arthur Avenue

Property Analytics

Current Use

DPX Construction General Contractor

Suggested Use

Top Pick Law Firm Real Estate Agency Gym & Fitness Center HVAC Service Acupuncture Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

21
Residential units

Location Intelligence

Trade Area within ½ mile

4,469
Businesses Nearby

Demographics for 10458, NY

81,299
Population
30,592
Households
2.7
Avg Household Size
32
Median Age
16%
College-Educated
68%
High-School Grad
1.2 sq mi
ZIP Area
67,749
Density / Sq Mi
$42,107
Median Household Income
$29,596
Median Earnings
$1,548
Median Rent
$515,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Multifamily property near Fordham University, major hospitals, and public transportation corridors.
Where is this apartment building located?
The property is located at 560 E 189th Street Bronx, NY.
What is the asking price?
The asking price for this property is $1,999,000.
What are key features of this property?
This property features: 21‑unit multifamily building constructed in 1910; 18 income‑producing units, 2 owner‑occupied units, and 1 vacant unit; Located in Belmont, one block from Arthur Avenue
More about this property
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