Search
Van Nest Multifamily Investment Opportunity
For Sale
$849,999

591 Van Nest Avenue, Bronx, NY 10460

Six-unit building with income potential near Pelham Parkway and Bronx Zoo.

Property Size5,700 SF
Price / SF$149.12
Days on Market182

Property Features for 591 Van Nest Avenue

General Information

Standard status Active
Size 5,700 SF
Property subtype Quadruplex

Taxes and HOA fees

Annual Taxes $18,618

Amenities

No, No, On Street
Square Feet
Walk-Out Access, Yes
Other, Public
Other
Walk Out Basement
No
Brick
On Street

Building Details

Year Built 1908
Listing Agency: Coldwell Banker American Homes
Listed By: Amer F. Alsaidy
Source: Compass
Added: Mar 12 Changed: Sep 8 Last Checked: Jul 16 at 7:35AM

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 Coldwell Banker American Homes

Investment Insights

Based on property information with market context.

This solid brick building in Van Nest offers a total of six units, presenting an opportunity for income generation. An additional basement studio provides extra space. Some units have been recently renovated with modern finishes, requiring only minor touch-ups to maximize rents. The property has upside potential, with the city having increased the assessed value, reflecting the area’s growing demand. The owner is currently requesting dismissal of existing violations. Ideally located near Pelham Parkway, the Bronx Zoo, and multiple transit options, this property is positioned in a rapidly appreciating neighborhood.

Key Highlights

  • Six income‑generating units plus an additional basement studio.
  • Upside potential due to increased assessed value reflecting growing demand.
  • Some units recently renovated with modern finishes.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Gym & Fitness Center Dental Office 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.

Location Intelligence

Trade Area within ½ mile

2,704
Businesses Nearby

Demographics for 10460, NY

62,625
Population
24,085
Households
2.6
Avg Household Size
34
Median Age
15%
College-Educated
71%
High-School Grad
1.5 sq mi
ZIP Area
41,750
Density / Sq Mi
$36,067
Median Household Income
$31,283
Median Earnings
$1,332
Median Rent
$589,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Six-unit building with income potential near Pelham Parkway and Bronx Zoo.
Where is this apartment building located?
The property is located at 591 Van Nest Avenue Bronx, NY.
What is the asking price?
The asking price for this property is $849,999.
What are key features of this property?
This property features: Six income‑generating units plus an additional basement studio.; Upside potential due to increased assessed value reflecting growing demand.; Some units recently renovated with modern finishes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message