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Six-Unit Brick Apartment Building
For Sale
$849,999

591 Van Nest Avenue, Bronx, NY 10460

Rent-stabilized apartments with documented building improvements and violation corrections underway.

Property Size5,700 SF
Days on Market50

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

Building Details

Building Size 5,700 SF
Year Built 1908
Listing Agency: Coldwell Banker American Homes
Listed By: Amer F. Alsaidy
Source: Serhant
Added: Jun 26 Changed: Aug 13 Last Checked: Aug 13 at 3:47AM

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 six-unit brick apartment property was built in 1908 and is located in the Van Nest section of the Bronx. The building is subject to New York City rent stabilization regulations, with several apartments leased below their legal regulated rents.

Property conditions and improvements are actively being addressed. Approximately 23 of 36 cited violations have been corrected and are awaiting official clearance. One apartment has been fully gutted and renovated and remains under a vacate order, with remaining requirements nearing completion. The property is offered as-is, with a rent roll, income and expense information, violation reports, and documentation of completed improvements available for review.

Key Highlights

  • Six‑unit brick multifamily building built in 1908
  • Located in the Van Nest section of the Bronx
  • New York City rent‑stabilized apartments

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
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Frequently Asked Questions

What type of property is this?
Apartment building - Rent-stabilized apartments with documented building improvements and violation corrections underway.
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‑unit brick multifamily building built in 1908; Located in the Van Nest section of the Bronx; New York City rent‑stabilized apartments
More about this property
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