576 SOUTHERN BLVD., Bronx, NY 10455

Bank Owned
$2,400,000
Active for Sale
 
Listing ID 11524351
Property Type Multi-Unit (5+)
Commercial Type Bar, MULTIFAMILY, Mid-Rise, RESIDENTIAL INCOME, Residential Income
County Bronx
Township Bronx
Neighborhood Woodstock
Total Tax $110,000
FEMA Flood Map fema.gov/portal
Virtual Tour

21 UNIT AND 5 STORY- RARE REO PRIME INVESTMENT PROPERTY!

REO- PRIME INVESTMENT PROPERTY- INTRODUCING 576 SOUTHERN BLVD. BRONX, NY, A RARE OPPORTUNITY TO ACQUIRE A SOLID INCOME PRODUCING ASSET. 5 STORIES AND 21 UNIT/ 2 STORE FRONT RENT- STABALIZED BUILDING OFFERS CONSISTENT CASH FLOW AND LONG TERM UPSIDE IN ONE OF NEW YORK CITY'S MOST STABLE RENTAL MARKETS WITH A 7.61 CAP RATE. 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! A MUST SEE!
Property Details
  • 5 Stories
  • Available 6/25/2025
Unit Information
Unit #1 – Occupied, Unit Count: 21
Exterior Features
  • Brick Siding
  • Near Bus
  • Near Train
Taxes and Fees
  • $110,000 Total Tax
Listed By
DAC PROPERTIES CORP
Office: 516-378-8888
Mobile: 516-528-1531
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