506 Van Nest
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New Listing
79% Match

$1,395,000

506 Van Nest

Bronx, NY 10460

9 bd5 ba0 sq ft8,475 sq ft lot
AI Summary

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

Great LocationMove-In Ready

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

Listing data source
Realtor.com (via RealtyAPI) listing dataView original listing
ES

Eyal Sagi

Brokerage on file

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Estimated affordability

$8,856/month estimated
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.