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Brick, 21-Unit Apartment Building
For Sale
$2,400,000

576 Southern Boulevard, Bronx, NY 10455

MULTI_FAMILY - Bronx, NY

Property SizeContact for details
Lot Size0.10 Acres
Days on Market422

Property Features for 576 Southern Boulevard

General Information

Property type Residential Multi Family
Property subtype Other
Rooms Basement
Basement Full
Standard status Active
APN 02603-0017
Lot size 0.10 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 98750

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Water source Public

Building Details

Year built 1909
Number of units 21
Building materials Brick
Listing Agency: DAC Properties Corp
Listed By: Damien A. Coleman CBR
Added: Jun 19, 2025 Changed: Aug 10 Last Checked: Aug 14 at 11:06AM
MLS# 879978

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

576 Southern Boulevard is a brick, five-story, rent-stabilized apartment building containing 21 units. The property is fully occupied and presented as a prime income investment, with a stated 7.61 cap rate. A basement is included as part of the building’s room configuration.

Built in 1909, the building is heated with natural gas. Water is provided via public supply and sewer service is through public sewer.

Set on a 0.1037-acre lot, the property at 576 Southern Boulevard is located near public transportation, schools, and shopping, supporting convenience for residents and day-to-day operations.

Key Highlights

  • Fully occupied five‑story, rent‑stabilized building
  • 21‑unit multifamily building
  • Stated 7.61 cap rate

Property Analytics

Current Use

Cantina Tarasca Restaurant Exotic Beauty Salon Hair Salon

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Gym & Fitness Center Acupuncture Veterinary 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
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

3,302
Businesses Nearby

Demographics for 10455, NY

43,804
Population
16,608
Households
2.6
Avg Household Size
33
Median Age
16%
College-Educated
69%
High-School Grad
0.7 sq mi
ZIP Area
62,577
Density / Sq Mi
$36,701
Median Household Income
$33,892
Median Earnings
$1,130
Median Rent
$348,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Apartment building - Five-story, rent-stabilized apartment building with natural gas heat, public utilities, and full occupancy.
Where is this apartment building located?
The property is located at 576 Southern Boulevard Bronx, NY.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: Fully occupied five‑story, rent‑stabilized building; 21‑unit multifamily building; Stated 7.61 cap rate
More about this property
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