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

591 Van Nest Avenue, Bronx, NY 10460

MULTI_FAMILY - Bronx, NY

Property SizeContact for details
Lot Size0.05 Acres
Days on Market50

Property Features for 591 Van Nest Avenue

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Rooms Basement
Parking features On Street
Basement Walk-Out Access
Elementary school Ps/Ms 498 Van Nest Academy
Middle school Jhs 127 Castle Hill (The)
High school Bronx Academy Of Health Careers
Elementary school district Bronx 11
Middle school district Bronx 11
High school district Bronx 11
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 Agency: Coldwell Banker American Homes · Coldwell Banker Real Estate
Listed By: Amer F. Alsaidy
Added: Jun 26 Changed: Aug 1 Last Checked: Aug 14 at 10:06AM
MLS# 1019151

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.

Investment Insights

Based on property information with market context.

Six-unit brick apartment building located at 591 Van Nest Avenue in the Bronx (Van Nest area). The property is served by public water and public sewer and has natural gas heating. Cooling is provided by wall/window and window units, and parking is available on street. The building includes a basement and was constructed in 1908.

The property is described as rent-stabilized and is being offered as-is. The current owner reports that 23 of 36 cited violations have been addressed, with the remaining items awaiting official clearance. One apartment has been completely gutted and extensively renovated and is currently under a vacate order, while remaining requirements are nearing completion. Several apartments are also noted as rented below their legal regulated rents, with an emphasis on potential income increases over time for an experienced multifamily investor familiar with New York City rent stabilization.

The lot size is 0.0545 acres, and the transaction documentation referenced includes a rent roll, income and expense information, violation reports, and details of completed improvements.

Key Highlights

  • Six‑unit brick apartment building on 0.0545‑acre lot
  • Rent‑stabilized building being sold as‑is
  • 23 of 36 cited violations addressed, awaiting official clearance

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.

Lease Details

6
Residential units

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
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Frequently Asked Questions

What type of property is this?
Apartment building - Brick six-unit apartment building with natural gas heating, public water and sewer, and on-street parking.
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 apartment building on 0.0545‑acre lot; Rent‑stabilized building being sold as‑is; 23 of 36 cited violations addressed, awaiting official clearance
More about this property
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