19,800 sqft

$2,400,000

576 Southern Boulevard, Bronx NY, 10455

Price per sqft$121.21

Built in1909

Property size19,800 sqft

Property typeCommercial

Courtesy of DAC Properties Corp, Damien A. Coleman CBR Listing Contact: 516-378-8888

Overview

Active

Listed Jun 19, 2025

Updated 56 min ago

REO-PRIME INVESTMENT PROPERTY- INTRODUCING 576 SOUTHERN BLVD. BRONX, NY, A RARE OPPORTUNITY TO ACQUIRE A SOLID INCOME PRODUCING ASSET FULLY OCCUPIED WITH A 7.61 CAP RATE, THIS. 5 STORY AND 21 UNIT RENT- STABALIZED BUILDING OFFERS CONSISTENT CASH FLOW AND LONG TERM UPSIDE IN ONE OF NEW YORK CITY'S MOST STABLE RENTAL MARKETS. 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 AVAILABLE!!!!

Additional information

MLS^® ID: 879978

Interior Features

Heating: Yes
Basement: Yes

Exterior Features

Lot Size: 0.1 Acres

Other Property Details

Taxes: $98,750
Tax Frequency: Annually

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