INCREDIBLE BUY & HOLD OPPORTUNITY IN VAN NEST! This solid brick building offers 6 TOTAL UNITS that can generate additional income. Also includes an extra basement studio for additional space! Some units have been recently renovated with modern finishes, leaving only minor touch-ups needed to fully maximize rents.
The property is loaded with UPSIDE POTENTIAL: city has significantly increased the assessed value this year, reflecting the area’s growing demand. While there are current violations, the owner is in the middle of a dismissal request to remove all of them — don’t let that scare you away from serious CASH FLOW.
Ideally situated near Pelham Parkway, the Bronx Zoo, and multiple transit options, this is a perfect long-term hold in a rapidly appreciating neighborhood.
Secure this income-producing asset today and ride the wave of Bronx growth!
Listed by Amer F. Alsaidy
·
Coldwell Banker American Homes
·
718-206-1340
Last updated August 15, 2025
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Source: OneKey #901606
Listing Facts
NeighborhoodVan Nest
Bedrooms11
Bathrooms6
Days on Prevu23
Taxes$18,613/year
Size8,000 sqft
Price per sqft$156
Location
Mortgage Calculator
Listing History
08/14/2025
Listed by Coldwell Banker American Homes
$1,249,999
Estimated Closing Costs
Total
$46,873
Attorney Fees
$4,000
NYC Mansion Tax
$12,499
Title Insurance
$5,625
Bank Attorney
$1,500
Mortgage Recording Tax
$19,249
Other Closing Costs
$4,000
Estimated closing costs are based on the list price of $1,249,999 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
Property Attached: Yes
Property Condition: Actual
Year Built: 1908
Architectural Style: Traditional
Construction Materials: Brick
Measurements
Building Area Total: 11,400
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: $18,613.00
Tax Year: 2024
Interior
Features
Interior Features: Other
Measurements
Living Area: 8,000
Living Area Source: Other
Rooms
Basement: Full, Partially Finished
Has Basement: Yes
Bathrooms Full: 6
Bathrooms Total Integer: 6
Bedrooms Total: 11
Rooms Total: 20
Schools
Elementary School
Elementary School: Ps 105 Sen Abraham Bernstein
Elementary School District: Bronx 11
High School
High School: Collegiate Inst For Math & Sci
High School District: Bronx 11
Middle or Junior School
Middle Or Junior School: Bronx Park Middle School
Middle Or Junior School District: Bronx 11
Utilities
Equipment
Cooling: Wall/Window Unit(s)
Heating: Natural Gas, Other
Sewer: Public Sewer
Utilities: Natural Gas Available, Water Available
Water Source: Public
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but not guaranteed. This information is provided exclusively for consumers’ personal,
non-commercial use. Information Copyright 2025, OneKey™ MLS. All Rights Reserved.
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.
