Amazing Investment**Legal 3 family investment property in the heart in the heart of Van Nest sitting on a 5,706 Sqft lot. This 3 family home was completely gut renovated Features (3) Three Bedroom, one bathroom apartments. All new Kitchens, appliance, Granite counter tops, New Bathrooms. New Plumbing, new electric. All new custom windows throughout the house. Separate gas boiler with a tankless water heater for each unit, Hardwood floors. Parking for 10+ Cars For Additional Rental Income. The Property's exterior has New stucco throughout. Short walk to the 2/5 train, All shops & Restaurants, close to the Bronx River Pkw
Thanks to the new City of Yes zoning reforms, This property can now be Developed to a 16-family Residential Building. Key zoning allowances include: 16 units possible (subject to layout confirmation)...No parking required...No side yard setback...20-ft rear yard...0-ft front yard..Max base height: 45-ft...Max building height: 55-ft. -LOT AREA: 5,368.60 SF -F.A.R.: 2.00 -MAX AREA: 10,737.20 SF -# OF UNITS: 16 UNITS -LOT COVERAGE: 80% -MAX FOOTPRINT: 4,295 SF -BASE HEIGHT: 45.00 FT -BLDG HEIGHT: 55.00 FT
Listed by Endrit A. Haxhiu
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Comres Realty Group LLC
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917-567-6544
Last updated June 05, 2025
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Source: OneKey #H6314777
Listing Facts
TypeMulti-family
NeighborhoodVan Nest
Bedrooms9
Bathrooms3
Days on Prevu439
Taxes$6,299/year
Amenities
Parking
Location
Mortgage Calculator
Listing History
06/03/2025
Status changed to Active
$1,175,000
05/30/2025
Status changed to Temporarily Off Market
$1,175,000
02/05/2025
Price Decreased
$1,175,000
06/24/2024
Listed by Comres Realty Group LLC
$1,200,000
Estimated Closing Costs
Total
$44,633
Attorney Fees
$4,000
NYC Mansion Tax
$11,750
Title Insurance
$5,288
Bank Attorney
$1,500
Mortgage Recording Tax
$18,095
Other Closing Costs
$4,000
Estimated closing costs are based on the list price of $1,175,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.
Property Details for 1604 Van Buren Street
Association
Amenities
Association Amenities: Park
Community Features: Park
Exterior
Construction
Number Of Units Total: 3
Property Condition: Actual
Year Built: 1901
Construction Materials: Stucco
Measurements
Building Area Total: 2,700
Lot Features: Corner Lot, Near Public Transit, Near Shops
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