591 Van Nest Avenue, Bronx, NY 10460
- Added:
- Jun 26, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 27 at 3:06 pm
Property Features for 591 Van Nest Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R5
- Rooms
- Basement
- Parking features
- On Street
- Basement
- Walk-Out Access
- Standard status
- Active
- APN
- 04021-0029
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 18618
Utilities
- Utilities
- Water Available
- Sewer type
- Public Sewer
- Heating system
- Natural Gas
- Cooling system
- Wall/Window Unit(s), Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1908
- Number of units
- 6
- Building materials
- Brick
Listing agent Amer F. Alsaidy (929) 452-6838
Listing office Coldwell Banker American Homes 18813 Union Tpke, East Meadow, NY (718) 206-1340
Listing date Jun 26, 2026
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.
HighLights
- Six‑unit brick multifamily building (Van Nest, Bronx) built in 1908
- Approx. $8,200/month rental income; one apartment under a vacate order expected to be lifted soon
- Several units rented below legal regulated rents, offering long‑term repositioning aligned with NYC rent stabilization
- Utilities include public water and public sewer; heating is natural gas with wall/window AC units
- Open HPD/DOB violations—about 23 of 36 cited violations reportedly addressed and awaiting HPD inspection and clearance
- Property sold AS IS; the unit subject to the vacate order has been completely gutted and extensively renovated
Overview
The building has open HPD/DOB violations and is being sold AS IS. The seller indicates that approximately 23 of the 36 cited violations have been addressed and are awaiting HPD inspection and official clearance. The asset is zoned R5, and the seller states that available documentation can be provided to qualified buyers, including the current rent roll, income and expense information, violation reports, and details of completed improvements. The property is located near Pelham Parkway, public transportation, shopping, and major highways.
This offering is intended for cash buyers or experienced investors with financing suitable for distressed multifamily assets. Given the current violation status and AS-IS condition, it may be most appropriate for operators prepared to manage compliance and complete remaining requirements while positioning the building’s income streams within New York City’s rent stabilization system.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Bronx
- County
- Bronx
- State
- New York
- Longitude
- -73.86836
- Latitude
- 40.842535
