Multi Family 5+ in Bronx County
| MLS Number | 895939 |
|---|---|
| Address | 579 E 168th Street, Bronx, NY 10456 show map |
| Price | $1,650,000 show mortgage calculator |
| Acres | 0.052800734618916 |
| Year Built | 1910 |
| Est. Sq. Footage | 0 |
| Elementary School | |
| Jr High-Middle School | |
| High School | |
| Estimated Taxes | $11,726 |
| Total Apt Units | 5 |
Welcome to 579 E 168th Street—a beautifully renovated five-unit, brick building offering luxurious condo-quality finishes, ideally located in the vibrant Morrisania section of the Bronx. This exceptional turnkey investment presents a rare opportunity to own a fully modernized, income-producing asset with minimal maintenance requirements and significant upside potential. The building has undergone extensive capital improvements, including a brand-new roof, upgraded plumbing and electrical systems, all-new windows, hardwood flooring, and separately metered utilities for each unit, providing efficiency and ease of management for the next owner. Spanning approximately 5,136 square feet, the property consists of five spacious, full-floor, free-market apartments. The unit mix includes two 2-bedroom, 2-bathroom layouts and three 3-bedroom, 2-bathroom layouts—each thoughtfully designed with open-concept living spaces and high-end finishes. Features include in-unit washer/dryers, stainless steel appliances, stone countertops, recessed lighting, and a virtual doorman system, combining luxury and convenience for modern living. The building will be delivered completely vacant by mid-September, offering immediate flexibility for investors, end-users, or developers looking to capitalize on market-rate rental opportunities or reposition the property. Located in an R6 zoning district, the property also holds long-term development potential for those with a vision to build or expand in a rapidly growing area. 579 E 168th Street is situated near local shopping, supermarkets, restaurants, schools, and parks, with excellent accessibility via the nearby B, D, 2, and 5 subway lines, offering a smooth commute to Manhattan and the rest of the city. This is a prime opportunity to secure a fully renovated, low-maintenance building in one of the Bronx’s most dynamic and evolving neighborhoods.
Walk Metro-North RR
© 2022 OneKey Multiple Listing Service, Inc., All Rights Reserved. The data relating to real estate for sale or lease on this website comes in part from OneKey MLS. Real estate listings held by brokerage firms other then CS Realty Relocation Services are marked with a OneKey MLS Logo. The information appearing herein has not been verified by the OneKey Multiple Listing Service, Inc. or by the Hudson Gateway Association of Realtors, Inc. or by any individual(s) who may be affiliated with said entities, all of whom hereby collectively and severally disclaim any and all responsibility for the accuracy of the information appearing at this web site, at any time or from time to time. All such information should be independently verified by the recipient of such data. This data is not warranted for any purpose.