506 Van Nest, New York, NY 10460

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.

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Building

506 Van Nest

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