Listing Notes
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.
Price in context
Cheaper than 12% of the 24 homes listed nearby right now, which run $799,000 to $1,700,000.
See all 24 nearby listings
| Address | Asking | Size |
|---|---|---|
| 1731 White Plains Rd | $799,000 | 3 bd |
| 1846 Unionport Rd | $819,000 | 6 bd · 2 ba |
| 1738 Melville St | $849,000 | 6 bd · 2 ba |
| 591 Van Nest Ave | $849,999 | Studio |
| 1542 Saint Lawrence Ave | $885,000 | Studio |
| 1546 Leland Ave | $955,000 | 7 bd · 2 ba |
| 1748 Cross Bronx Expy | $999,000 | Studio |
| 1822 Hunt Ave | $1,040,000 | 8 bd · 3 ba |
| 1392 Commonwealth Ave | $1,099,000 | 6 bd · 3 ba |
| 1735 Mansion St | $1,099,997 | 6 bd · 3 ba |
| 1934 Hunt Ave | $1,099,999 | 6 bd · 4 ba |
| 1837 Victor St | $1,100,000 | 9 bd |
| 1727 Victor St | $1,149,999 | 9 bd · 4 ba |
| 760 Van Nest Ave | $1,150,000 | 18 bd · 5 ba |
| 1285 Saint Lawrence Ave | $1,150,000 | 7 bd · 2 ba |
| 1256 Noble Ave | $1,200,000 | 7 bd · 4 ba |
| 1661 E 172nd St | $1,249,999 | 13 bd · 4 ba |
| 1610 Melville St Unit 143 | $1,250,000 | 6 bd · 5 ba |
| 1342 Taylor Ave Unit 4FAM | $1,250,000 | 7 bd · 4 ba |
| 1330 Croes Ave | $1,280,000 | 8 bd · 3 ba |
| 1311 Commonwealth Ave | $1,300,000 | 4 bd |
| 508 Van Nest Ave | $1,395,000 | 9 bd · 5 ba |
| 1268 Croes Home Ave Unit Multifamily | $1,699,000 | 11 bd · 7 ba |
| 1549 and 1547 Beach Ave | $1,700,000 | 7 bd · 4 ba |
Where it is
For sale Coming soon Recently sold— zoom out for more