Bronx Multifamily Investment
576 Southern Boulevard Bronx, NY 10455
576 Southern Boulevard, Bronx, NY, 10455
$2,400,000
For Sale
$2,400,000
MULTI_FAMILY - Bronx, NY
Lot Size0.10 Acres
Days on Market400
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
(516) 378-8888
Listed by
Damien A. Coleman CBR
(516) 528-1531
Added: Jun 19, 2025 Updated: Jun 28 at 7:02PM Checked: Jul 23 at 1:06AM
MLS# 879978
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Investment Insights
Based on property information with market context.
This is an opportunity to acquire a fully occupied, income-producing asset at 576 Southern Blvd, Bronx, NY. The 5-story building features 21 rent-stabilized units, offering consistent cash flow. The property is situated in a stable rental market and is near public transportation, schools, shopping, and local amenities. The lot size is approximately 0.1037 acres. This property presents a chance to own a cash-flowing asset in a promising area of the Bronx.
Key Highlights
- 7.61% Cap Rate: Provides a strong return on investment
- 21 Rent‑Stabilized Units: Offers consistent cash flow in a stable rental market.
- Fully Occupied: Ensures immediate income generation.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Cantina Tarasca
Restaurant
Exotic Beauty Salon
Hair Salon
Similar For Sale Nearby
FAQs
What type of property is this?
Apartment building - Fully occupied, 21-unit building with strong cash flow.
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: **7.61% Cap Rate: Provides a strong return on investment**; **21 Rent‑Stabilized Units: Offers consistent cash flow** in a stable rental market.; Fully Occupied: Ensures immediate income generation.
