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    1. Home
    2. Property for sale
    3. New York
    4. Bronx, NY
    5. 506 Van Nest Ave
    506 Van Nest Ave Bronx, NY 10460  | Multi Family
    1 / 21

    $1,395,000

    506 Van Nest Ave Bronx, NY 10460
    9
    Bedrooms
    5
    Bathrooms
    8,475
    sq ft
    2024
    Year Built
    Multi Family
    Property Type

    About This Home

    New Construction in Van Nest - Attached 3-Unit Property. This newly built 3-unit residence on Van Nest Avenue offers a modern layout with a total of 9 bedrooms and 5 bathrooms. Each unit features a functional floor plan with contemporary finishes, open living and dining areas, and well-designed kitchens with quality cabinetry and countertop surfaces. Bedrooms are comfortably sized with ample closet storage, and the bathrooms include modern fixtures and materials. The property is being constructed with updated systems, energy-efficient components, and conveniences such as central heating and cooling and in-unit laundry hookups (where applicable). Located in the Van Nest section of the Bronx, the property provides convenient access to major roadways, public transit, shopping, parks, schools, and other neighborhood amenities. This new construction is suitable for an owner seeking to occupy one unit while generating income from the others, as well as for investors looking for a modern, ready-to-use asset. Investment & Rental Potential - This property is a powerhouse for "house hacking" or pure investment. By living in one unit and renting the other two, an owner can significantly offset--or entirely cover--their mortgage. Estimated Rental Income (Per 3-Bedroom Unit): $3,500 - $3,850/month. Total Potential Gross Monthly Income: $10,500 - $11,550. Total Potential Gross Annual Income: Up to $138,000+. Turnkey Rental Services Included: We go beyond the sale. Our team also offers full rental and tenant-placement services after purchase, helping you transition seamlessly from closing to cash flow.

    Location

    506 Van Nest Ave Bronx, NY 10460

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    Listing Agent

    Eyal Sagi

    Eyal Sagi

    WW Realty Group Inc

    (236 reviews)
    Avg Price Sold$851.7K
    Years Experience4
    Total Transactions227