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591 Van Nest Avenue
Bronx NY 10460 US

$849,999

Active Listing ID 1019151
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Lot: 0.05 Acres
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Quadruplex

$849,999

Active Listing ID 1019151
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591 Van Nest Avenue 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.

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Property Features

  • Facts
  • Lot Size: 0.05 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Quadruplex
  • Features
  • Cooling System: Wall/Window Unit(s), Window Unit(s)
  • Heating Fuels: Natural Gas
  • Additional Features
  • Basement

School Information

  • School
  • Ps/Ms 498 Van Nest Academy(Elementary)
  • Jhs 127 Castle Hill (The)(MiddleSchool)
  • Bronx Academy Of Health Careers(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Quadruplex
  • listprice: 849999
  • unparsedaddress: 591 Van Nest Avenue
  • postalcity: Bronx
  • stateorprovince: NY
  • country: US
  • postalcode: 10460
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.0545
  • lotsizeunits: Acres
  • lotsizearea: 0.0545
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 40.842542
  • longitude: -73.868345
  • listagentfullname: Amer F. Alsaidy
  • listagentemail: aalsaidy@cbamhomes.com
  • listagentkey: 3yd-MLSLINY-500851
  • listagentmlsid: 500851
  • listagentpreferredphone: 9294526838
  • listagentofficephone: 9294526838
  • listofficekey: 3yd-MLSLINY-BRMN07
  • listofficemlsid: BRMN07
  • disclaimer: Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MLSLINY
  • yearbuilt: 1908
  • listingcontractdate: 2026-06-26
  • listagentfax: 7187999175
  • listagenturl: http://www.cbamhomes.com
  • countyorparish: Bronx County
  • parcelnumber: 04021-0029
  • elementaryschool: Ps/Ms 498 Van Nest Academy
  • highschool: Bronx Academy Of Health Careers
  • elementaryschooldistrict: Bronx 11
  • middleorjuniorschooldistrict: Bronx 11
  • highschooldistrict: Bronx 11
  • cooling: Wall/Window Unit(s), Window Unit(s)
  • constructionmaterials: Brick
  • heating: Natural Gas
  • numberofunitstotal: 6
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: On Street
  • waterfrontyn: False
  • franchiseaffiliation: Coldwell Banker Real Estate
  • rooms: Basement
  • utilities: Water Available
  • basement: Walk-Out Access
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -73.86835, 40.84254
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Coldwell Banker American Homes", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"leads0822@leadparser.deltagroup.com", "ListBrokerageCity":"East Meadow", "ListBrokerageCountry":"US", "ListBrokerageEmail":"leads0822@leadparser.deltagroup.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/MLSLINY/c5ababc31c90dea1011c91901ba23ee5/20210818200407414.png", "ListBrokerageName":"Coldwell Banker American Homes", "ListBrokeragePhone":"(800) 270-6318", "ListBrokeragePostalCode":"11554", "ListBrokerageStateOrProvince":null, "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"1856 Hempstead Turnpike", "ListBrokerageWebsiteUrl":"http://www.cbamhomes.com", "ListOfficeAddress1":"18813 Union Tpke ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"BRMN07", "ListOfficeCity":"Fresh Meadows", "ListOfficeCountry":"US", "ListOfficeEmail":"finehomes@cbamhomes.com", "ListOfficePostalCode":"11366", "ListOfficeStateOrProvince":"NY", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Bronx, NY", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/591-Van-Nest-Ave_Bronx_NY_10460_M37193-16063?f=listhub&s=MLSLINY&m=1019151&c=rexren", "MLSModificationTimestamp":"2026-07-23 19:12:36", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":18618, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 8/1/2026 9:46:59 AM GMT
Source Updated Date: 8/15/2026 1:01:05 AM GMT

Courtesy of: Amer F. Alsaidy, Coldwell Banker American Homes, aalsaidy@cbamhomes.com

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.