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579 E 168th Street Bronx, NY 10456
$1,649,999
  • Commercial
  • 5136 SqFt
  • Year Built 1910
  • Multi Family
  • ML# H6335911

Property Details

Overview

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.

Key Facts

  • SqFt: 5136.00
  • Lot Size: 0.0528
  • Lot Sq Ft: 2300
  • Taxes: $11,726
  • Sale or Rent: Sale
  • School District: Contact Agent

Additional Features

  • Parking Spaces: Yes
  • Parking Facilities: On Street
  • Wood Floors: Yes

Rooms & Floor Plans

  • Bedroom: 13
  • Full Bath: 9

Interior & Utilities

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

Financial

  • Taxes: $11,726
  • Maintenance: $4,200
Listing Information provided courtesy of Pantiga Group Inc.  718-841-0201
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