Welcome to 579 E 168th St—a five-unit, brick building with luxurious condo-quality finishes, ideally situated in the Morrisania. This turnkey investment property offers investors a prime opportunity to generate substantial income with minimal maintenance costs. The building has been extensively upgraded, featuring separate utilities and a new roof, plumbing, electrical systems, hardwood flooring, and windows. Each unit boasts high-end finishes, including in-unit washers/dryers, stainless steel appliances, stone countertops, recessed lighting, and a virtual doorman, among other premium touches. With a total of 5,136 square feet, the property houses five full-floor, free-market apartments comprising two 2-bedroom, 2-bathroom, and three 3-bedroom, 2-bathroom units. The property can be delivered vacant by closing, a perfect opportunity for a savvy developer. The building is near shopping, supermarkets, and easy access to public transportation with the MTA B, D, 2, and 5 train lines nearby.
Street Address: 579 168th Street City: Bronx State: New York Postal Code: 10456 MLS Number: H6335911 Year Built: 1910 Courtesy of Locqube New York, Inc.