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Legal 5-Family Apartment Building
New
For Sale
$1,499,000

707 E 189th Street, Bronx, NY 10458

Commercial Sale, Bronx, NY

Property SizeContact for details
Lot Size0.04 Acres
Days on Market5

Property Features for 707 E 189th Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning R6
Rooms Basement
Parking 3
Parking features Driveway
Basement Walk-Out Access, Full
Elementary school district Contact Agent
Middle school district Contact Agent
High school district Contact Agent
Standard status Active
APN 03091-0097
Lot size 0.04 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 19373

Utilities

Sewer type Public Sewer
Heating system Radiant, Natural Gas, Steam
Cooling system Wall/Window Unit(s), Window Unit(s)
Water source Public

Building Details

Year built 1931
Number of units 5
Building materials Brick
Listing Agency: RE/MAX Distinguished Hms.&Prop · RE/MAX International
Listed By: Hermi Aquino · License #30AQ1103641
Added: Aug 24 Changed: Aug 25 Last Checked: Aug 28 at 3:06PM
MLS# 1039599

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.

This legal 5-family apartment building at 707 E 189th Street is constructed of solid brick and includes a finished basement with its own entrance. The unit mix comprises a two-bedroom apartment, two one-bedroom apartments, and two studio apartments. A driveway provides parking for three cars. Built in 1931, the property is zoned R6 and served by public water and public sewer. Heating includes steam, natural gas, and radiant systems, while cooling is provided by wall or window units.

The property is positioned a short distance from Fordham University Campus, the Botanical Gardens, and The Bronx Zoo. Fordham Road Metro-North Station and subway lines 4, D, and 2 are nearby, with access to major highways and the Fordham Road shopping hub also identified in the surrounding area.

Key Highlights

  • Legal 5‑family building with a two‑bedroom, two one‑bedroom, and two studio apartment mix
  • Finished basement with a separate entrance
  • Solid brick construction; built in 1931

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Gym & Fitness Center Acupuncture HVAC Service Building Supply

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

5
Residential units
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

3,445
Businesses Nearby

Demographics for 10458, NY

81,299
Population
30,592
Households
2.7
Avg Household Size
32
Median Age
16%
College-Educated
68%
High-School Grad
1.2 sq mi
ZIP Area
67,749
Density / Sq Mi
$42,107
Median Household Income
$29,596
Median Earnings
$1,548
Median Rent
$515,700
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Brick multifamily property with a finished basement, separate entrance, and driveway parking.
Where is this apartment building located?
The property is located at 707 E 189th Street Bronx, NY.
What is the asking price?
The asking price for this property is $1,499,000.
What are key features of this property?
This property features: Legal 5‑family building with a two‑bedroom, two one‑bedroom, and two studio apartment mix; Finished basement with a separate entrance; Solid brick construction; built in 1931
More about this property
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