
$1,395,000
506 Van Nest
Bronx, NY 10460
This 9-bedroom multi-family property offers approximately 0 square feet of living space. Located in Bronx, NY, it was built in 2024 and is currently active.
About this home
Presenting a newly constructed, contemporary three-unit residence situated in the prime Van Nest section of the Bronx. Engineered for both exceptional end-user comfort and high-yield investment performance, this turnkey asset delivers modern architecture, low-maintenance ownership, and robust income-producing potential. Interior Features & Layout Configuration: Three distinct residential units comprising a total of 9 generously proportioned bedrooms and 5 designer-finished bathrooms. Living Spaces: Open-concept layouts featuring seamless transitions between living and dining areas, optimized for natural light and effortless entertaining. Kitchens: Custom cabinetry, sleek countertops, modern fixtures, and ample storage capabilities. Systems & Efficiency: Updated mechanical systems, central heating and cooling, energy-efficient components, and convenient in-unit laundry provisions. Financial & Investment Highlights Income Potential: Estimated monthly rental income ranges from $3,500 to $3,850 per unit, yielding a potential gross monthly income between $10,500 and $11,550. Annual Projections: Projected annual gross revenue exceeding $138,000. Strategy: Ideal for an owner-occupant utilizing a live-in income model or an astute investor seeking a newly built, low-maintenance portfolio addition. Prime Location Strategically positioned in Van Nest with effortless access to major thoroughfares, public transit options, local retail, dining, parks, and schools, ensuring a convenient commute throughout the Bronx and into Manhattan. Professional representation and post-closing tenant-placement services available to ensure seamless transition and immediate cash flow optimization.
Highlights
Facts & details
- Property type
- Multi-Family
- Year built
- 2024
- Status
- Active
- Bedrooms
- 9
- Bathrooms
- 5
- Square feet
- 0
- Lot size
- 8,475 sq ft
Location
Eyal Sagi
Brokerage on file
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Estimated affordability
- Principal & interest
- $7,054
- Property tax
- $1,395
- Homeowners insurance
- $407.00
- Total monthly estimate
- $8,856
Estimate only — not a loan offer. Actual payment depends on your credit, lender, and local tax rates.