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539 Van Nest Ave
Bronx, NY 10460 Van Nest

$1,500,000 USD

Apartments For Sale  •  3,360 SF

Property Details

  • Property Type Apartments
  • Total Building Size 3,360 SF
  • Lot Size 0.06 AC
  • Building Class C
  • Year Built 1920
  • Cap Rate 8.00 %
  • Zoning R5, Bronx, (C2)
100 Transit Score
100 Walk Score

Highlights

Free market six family for sale, a walk-up multifamily property located in the Van Nest section of the Bronx
The property consists of two buildings on one lot containing a total of six apartments, comprised of three one-bedroom and three two-bedroom units
Currently, two apartments are vacant, providing an incoming owner with an immediate opportunity to renovate and bring the units to market rent
The remaining apartments offer additional upside through future turnover and continued rental growth
within walking distance of the East 180th Street subway station

Property Flyers

Cap Rate: 8.00 %

Public Transportation

Commuter RailDriveWalkDistance
Tremont Station (Harlem Line - Metro-North Commuter Railroad Company (Metro-North)) 4 min - 2.0 mi
Fordham Station (Harlem Line - Metro-North Commuter Railroad Company (Metro-North), New Haven Line - Metro-North Commuter Railroad Company (Metro-North)) 7 min - 2.4 mi
Transit/SubwayDriveWalkDistance
East 180 Street (2 - New York MTA Subway (The Subway), 5 - New York MTA Subway (The Subway)) 1 min 6 min 0.3 mi
West Farms Square-East Tremont Avenue (2 - New York MTA Subway (The Subway), 5 - New York MTA Subway (The Subway)) 2 min 13 min 0.7 mi
Bronx Park East (2 - New York MTA Subway (The Subway), 5 - New York MTA Subway (The Subway)) 3 min 13 min 0.7 mi
St Lawrence Avenue (6 - New York MTA Subway (The Subway)) 4 min 16 min 0.8 mi
Parkchester (6 - New York MTA Subway (The Subway)) 4 min 18 min 0.9 mi
AirportDriveWalkDistance
LaGuardia 20 min - 9.3 mi
John F Kennedy International 29 min - 18.1 mi
Westchester County 36 min - 23.2 mi
Jared Friedman 646-933-2615 Investment Property Realty Group
Jared Friedman 646-933-2615 Investment Property Realty Group