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Listed price in listed location currency (USD).
$1,395,000

950

MLS® 1066229

Overview

Key Facts

Type Triplex
Levels Residential Income
Size -
Garage 
Taxes $3,450
Days Active 0
Lot Size 8475 SF
Approx. Age 2024
MLS® Number 1066229

Property Address: 506 Van Nest Ave, Bronx, NY, 10460

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number1066229
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age2024
BasementFinished
DrivewayOther
Garage Spaces
HeatElectric, Other
A/CNone

Extras

Price History

Last Sold Price

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Appreciation

--

Avg. Days Listed

59 days

Today, For Sale for $1,395,000

Front of Structure
For Sale · 0 days

$1,395,000

MLS® 1066229

4 hours ago

Not Sold Yet

October 2026, For Sale for $1,395,000

Front of Structure
For Sale · 0 days

$1,395,000

MLS® 1066229

4 hours ago

Not Sold Yet

September 2026, For Sale for $1,395,000

Front of Structure
For Sale · 29 days

$1,395,000

MLS® 1054606

A month ago

Not Sold Yet

August 2026, For Sale for $1,395,000

For Sale · 58 days

$1,395,000

MLS® 1043305

2 months ago

Not Sold Yet

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