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579 E 168th Street, Bronx, NY, 10456 $1,649,999

Multi Family Commercial , 5136 SqFt 

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Details ML#: H6335911  

  • # of Families: 5
  • Sale or Rent:Sale
  • Year Built: 1910
  • Taxes: $11,726
  • Status:Active

Description

Welcome to 579 E 168th St a five-unit, brick building with luxurious condo-quality finishes, ideally situated in the Morrisania. This turnkey investment property offers investors a prime opportunity to generate substantial income with minimal maintenance costs. The building has been extensively upgraded, featuring separate utilities and a new roof, plumbing, electrical systems, hardwood flooring, and windows. Each unit boasts high-end finishes, including in-unit washers/dryers, stainless steel appliances, stone countertops, recessed lighting, and a virtual doorman, among other premium touches. With a total of 5, 136 square feet, the property houses five full-floor, free-market apartments comprising two 2-bedroom, 2-bathroom, and three 3-bedroom, 2-bathroom units. The property can be delivered vacant by closing, a perfect opportunity for a savvy developer. The building is near shopping, supermarkets, and easy access to public transportation with the MTA B, D, 2, and 5 train lines nearby.

More Property Details

Room Information

Bedroom: 13   Full Bath: 9  

Property Features

Lot Size: 0.0528   Lot Sq Ft: 2300   Approx. Int. Sq. Ft.: 5136.00   Parking Spaces: Yes   Parking Facilities: On Street  

Appliances & Utilities

Heat: Natural Gas, Baseboard   A/C: Wall/Window Unit(s)   Water: Public   Sewer: Public Sewer  

Financial

Taxes: $11,726   Maintenance: $4,200  

Local Area Information

School District#: 999   School District: Bronx  

Listing Information provided courtesy of Pantiga Group Inc.  718-841-0201
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