21-Unit Multifamily Building in
For Sale
$2,400,000
576 Southern Blvd The, Bronx, NY 10455
Fully occupied, cash-flowing multifamily property in a stable rental market.
Property Size19,800 SF
Lot Size0.10 Acres
Days on Market166
Property Features for 576 Southern Blvd The
General Information
Standard status
Active
Size
19,800 SF
Lot size
0.10 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$98,749
Building Details
Building Size
19,800 SF
Year Built
1909
Units
21
Listing Agency:
DAC Properties Corp
(516) 378-8888
Listed By:
Damien A. Coleman CBR · License #31CO1038953
Source:
Elliman
Added: Mar 10
Changed: Aug 22
Last Checked: Aug 22 at 8:55AM
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 DAC Properties Corp
Investment Insights
Based on property information with market context.
This is a five-story building with 21 units. The property is fully occupied and offers consistent cash flow. It is located near public transportation, schools, shopping, and local amenities. The property is situated in a stable rental market. It is an income-producing asset with a 7.61 cap rate.
Key Highlights
- 7.61% Cap Rate: High return on investment.
- Fully Occupied: Consistent income stream.
- 21 Rent‑Stabilized Units: Stable tenant base.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,302
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Fully occupied, cash-flowing multifamily property in a stable rental market.
Where is this apartment building located?
The property is located at 576 Southern Blvd The 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: 7.61% Cap Rate: High return on investment.; Fully Occupied: Consistent income stream.; 21 Rent‑Stabilized Units: Stable tenant base.
