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591 Van Nest Avenue, Bronx NY 10460
591 Van Nest Avenue, Bronx NY 10460
New York>Bronx>Van Nest

591 Van Nest AvenueBronx, NY 10460

For Sale

$849,999

Smart Buyer Rebate $8,750

VALUE-ADD SIX-UNIT RENT-STABILIZED MULTIFAMILY INVESTMENT OPPORTUNITY

Six-unit brick multifamily building in the Van Nest section of the Bronx, currently generating approximately $8,200 per month in rental income. The property offers significant long-term upside through the correction of existing building conditions, legal rent growth, and completion of improvements already underway.

The current owner has made substantial investments into the property, with approximately 23 of 36 cited violations addressed and awaiting official clearance. One apartment has been completely gutted and extensively renovated and is currently under a vacate order, with the remaining requirements nearing completion.

Several apartments are currently rented below their legal regulated rents, offering potential for increased income over time for an experienced owner familiar with New York City rent stabilization regulations.

The property is being offered AS IS and is best suited for an experienced multifamily investor seeking a value-add opportunity. Available documentation includes the rent roll, income and expense information, violation reports, and details of completed improvements.

Serious investors are encouraged to review the property and documentation.

Listed by Amer F. Alsaidy

·

Coldwell Banker American Homes

·

718-206-1340

Last updated July 23, 2026

·

Source: OneKey #1019151

Listing Facts

  • TypeMulti-family
  • NeighborhoodVan Nest
  • Days on Prevu35
  • Taxes$18,618.16/year

Location

Mortgage Calculator

Listing History

07/12/2026
Price Decreased
$849,999
06/26/2026
Listed by Coldwell Banker American Homes
$874,999

Estimated Closing Costs

Attorney Fees
$4,000
Title Insurance
$3,825
Bank Attorney
$1,500
Mortgage Recording Tax
$13,089
Other Closing Costs
$4,000
Total
$26,414

Estimated closing costs are based on the list price of $849,999 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 591 Van Nest Avenue

Exterior

Construction

  • Number Of Units Total: 6
  • Property Attached: Yes
  • Year Built: 1908
  • Construction Materials: Brick

Measurements

  • Building Area Total: 5,700
  • Building Area Units: Square Feet
  • Lot Size Acres: 0.05
  • Lot Size Square Feet: 2,375

Financial

Taxes

  • Parcel Number: 04021-0029
  • Tax Annual Amount: $18,618.16
  • Tax Assessed Value: $742,050.00
  • Tax Year: 2025

Interior

Features

  • Interior Features: Other

Rooms

  • Basement: Walk-Out Access
  • Has Basement: Yes

Parking

Parking

  • Parking Features: On Street

Schools

Elementary School

  • Elementary School: Ps/Ms 498 Van Nest Academy
  • Elementary School District: Bronx 11

High School

  • High School: Bronx Academy Of Health Careers
  • High School District: Bronx 11

Middle or Junior School

  • Middle Or Junior School: Jhs 127 Castle Hill (The)
  • Middle Or Junior School District: Bronx 11

Utilities

Equipment

  • Cooling: Wall/Window Unit(s)
  • Heating: Natural Gas, Other
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Water Available
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 591 Van Nest Avenue.

What schools are nearby to 591 Van Nest Avenue?

Nearby schools include the Ps/Ms 498 Van Nest Academy Elementary School, Jhs 127 Castle Hill (The) Middle School, and Bronx Academy Of Health Careers High School.

What are the annual taxes for 591 Van Nest Avenue?

Annual taxes for this multi-family home are estimated at $18,618.

How does 591 Van Nest Avenue compare to other multi-family homes in Van Nest?

This multi-family home is listed 17% below the average price for multi-family homes in Van Nest and has been on the market for 80 less days than the typical home in this area.

591 Van Nest Avenue is a -bedroom multi-family home for sale in Bronx NY 10460. Listed on Prevu for 35 days at $849,999. This includes a recent price decrease of $25,000. This property is located in Van Nest. The median listing price for multi-family homes in this area is $920,000. Nearby schools include Ps/Ms 498 Van Nest Academy Elementary School, Jhs 127 Castle Hill (The) Middle School, and Bronx Academy Of Health Careers High School. View other multi-family home listings in Bronx.

The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey™ MLS. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. Information Copyright 2026, OneKey™ MLS. All Rights Reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.