576 Southern Boulevard, Bronx, NY 10455
Bronx County
Key Facts
Description
REO-PRIME INVESTMENT PROPERTY- INTRODUCING 576 SOUTHERN BLVD. BRONX, NY, A RARE OPPORTUNITY TO ACQUIRE A SOLID INCOME PRODUCING ASSET FULLY OCCUPIED WITH A 7.61 CAP RATE, THIS. 5 STORY AND 21 UNIT RENT- STABALIZED BUILDING OFFERS CONSISTENT CASH FLOW AND LONG TERM UPSIDE IN ONE OF NEW YORK CITY'S MOST STABLE RENTAL MARKETS. BUILDING IS LOCATED NEAR ALL PUBLIC TRANSPORTATION, SCHOOLS, SHOPPING, AND ALL OTHER LOCAL AMENITIES. DO NOT MISS THIS CHANCE TO OWN A STABLE, CASH FLOWING ASSET IN ONE OF THE BRONX'S MOST PROMISING CORRIDORS. CONTACT US TODAY FOR ALL FINANCIALS, RENT ROLLS, OR TO SCHEDULE A VIEWING! OWNER FINANCING AVAILABLE!!!!
Property Information
Property Type
Commercial Sale
Sub-Type
Multi Family
Year Built
1909
Living Area
19,800 sq ft
Lot Size
0.10 acres
Days on Market
394
MLS® Listing#
879978
Property Features
Cooling
Heating
Basement
Construction
Utilities
Sewer
Water Source
Financial Details
Annual Taxes
$98,750
Assessed Value
$855,450
Parcel Number
02603-0017
Affordability Calculator
$480,000
Estimated monthly payment
$12,774/mo
Principal $1,920,000 · Est. interest $2,678,571 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Bronx, NY
- $573,585
- Median Listing Price
- 72
- Median Days on Market
- 1,200
- Median Sq Ft
- $376
- Median Price / Sq Ft
- 1,276
- Active Listings
- This home’s price is 318% above the area median.
- Its price per sq ft is 68% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Bronx, NY.
Location
Points of Interest in Bronx, NY
Showing the Bronx area map.
Nearby Schools
PS 62 Inocensio Casanova
Elementary · 0.2 mi away
P. S. 025 Bilingual School
Elementary · 0.2 mi away
PS 161
Elementary · 0.2 mi away
Urban Dove Team Charter School II
Secondary · 0.2 mi away
Girls Prep Bronx Elementary School
Elementary · 0.2 mi away
M. S. 302 Luisa Dessus Cruz
Secondary · 0.2 mi away
Girls Preparatory Charter School of the Bronx
School · 0.2 mi away
Samuel Gompers Career and Technical Education High School
Secondary · 0.3 mi away
Hero High School
Secondary · 0.3 mi away
Mott Haven Community High School
Secondary · 0.3 mi away
St. Anselm School
School · 0.3 mi away
Comp Sci High
School · 0.3 mi away
Port Morris School of Community Leadership PS/MS 5x
Elementary · 0.3 mi away
Storefront Academy Charter Schools - South Bronx
Elementary · 0.4 mi away
Foreign Language Academy of Global Studies
School · 0.4 mi away
PS 130 Abram Stevens Hewitt
Elementary · 0.4 mi away
J. M. Rapport School for Career Development
School · 0.4 mi away
University Prep Charter Middle School
Secondary School · 0.4 mi away
Neighborhood Charter School: Bronx
Elementary · 0.4 mi away
Success Academy Bronx Middle School
Elementary · 0.4 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 3418 Irwin Avenue, Bronx, NY | $1,680,000 | 8 | 3 | 3,500 |
| 5250 Arlington Avenue, Bronx, NY | $1,695,000 | 4 | 4 | 3,028 |
| 1162 Edison Avenue, Bronx, NY | $1,699,000 | 8 | 6 | 4,800 |
| 2918 Bruckner Boulevard, Bronx, NY | $1,699,000 | — | — | 4,576 |
| 1069 Grant Avenue, Bronx, NY | $1,699,999 | 9 | 5 | 3,496 |
| 1703 Townsend Avenue, Bronx, NY | $1,700,000 | — | — | 3,900 |
Moving Cost Estimate
EXIT Agents in Bronx
Listing Courtesy: DAC Properties Corp - 5163788888
Presented by: Damien A. Coleman CBR
Fair Housing Notice