Property profile

576 Southern Blvd The Bronx, NY 10455

FOR SALE
Apartment buildings
Property ID
US63-3636708-01
Built 1909
Entity Owned 1-yr Hold
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576 Southern Blvd,Unit The, Bronx, NY 10455 For Sale
$2,400,000
576 Southern Blvd,Unit The, Bronx, NY 10455
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Property summary

AI-generated overview

REO-PRIME INVESTMENT PROPERTY- INTRODUCING 576 SOUTHERN BLVD. BRONX, NY, A RARE OPPORTUNITY TO ACQUIRE A SOLID INCOME PRODUCING ASSET FULLY OCCUPIED WITH A 7.61 CAP RATE, THIS. 5 STORY AND 21 UNIT RENT- STABALIZED BUILDING OFFERS CONSISTENT CASH FLOW AND LONG TERM UPSIDE IN ONE OF NEW YORK CITY'S MOST STABLE RENTAL MARKETS. BUILDING IS LOCATED NEAR ALL PUBLIC TRANSPORTATION, SCHOOLS, SHOPPING, AND ALL OTHER LOCAL AMENITIES. DO NOT MISS THIS CHANCE TO OWN A STABLE, CASH FLOWING ASSET IN ONE OF THE BRONX'S MOST PROMISING CORRIDORS. CONTACT US TODAY FOR ALL FINANCIALS, RENT ROLLS, OR TO SCHEDULE A VIEWING! OWNER FINANCING AVAILABLE!!!! bikeScore: 60, Bikeable walkScore: 93, Walker's Paradise transitScore: 100, Rider's Paradise

Property profile

Verified
Property type Apartment buildings
Year built 1909
UPID US63-3636708-01

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • Hair Salon Nail Salon

Location

576 Southern Blvd, Unit The Bronx, NY 10455
Bronx metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request

Owner & transaction history

since 2025
2 recorded transactions
2025
$2.6M
2016
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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