BEDS9
BATHS3 full
MLS#977641
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
FHA approved! Purchase with as low as a 3.5% down payment. This asset presents a strong opportunity for both investors seeking stable income and upside, as well as for potential homeowners. This mixed-use building features a five-bedroom apartment over a four-bedroom apartment over a 1,250 sq ft ground-floor retail space. The building has been fully gut-renovated, including all new plumbing, electrical, sewer systems, and gas piping. Each apartment has been renovated with high quality finishes including stainless steel appliances, granite countertops, and includes washer/ dryer hookups, and Navien on demand boilers. Tenants pay heat, electric, and gas. The commercial space has been extensively upgraded, featuring modernized heating and cooling systems, updated electrical and plumbing infrastructure, enhanced lighting, new flooring, and a fully renovated bathroom. A new certificate of occupancy was obtained in 2020. Total building size is 3,251 SF. Zoned R6, C1-4. This well-positioned, turnkey asset is attractive for 1031 exchange buyers, first-time homeowners, and long-term investors. Both residential apartments are vacant.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Wall/Window Unit(s)
Heating: Baseboard, ENERGY STAR Qualified Equipment, Natural
Lot Size: 0.04 Acres
Taxes: $5,783
Year Built: 1930
Amenities
Eat-in Kitchen
Granite Counters
Open Kitchen
Quartz/Quartzite Counters
Washer/Dryer Hookup
Feature Descriptions
Building Area Total: 3251
Cap Rate: 9
Days on Site: 13
Exterior: Frame
Heating Units: 2
Lot Dimensions: 23.5x65
On Market Date: 2026-03-27
Parcel Number: 02612-0027
Parking Features: None
Property Attached Y/N: 1
Rental Term: Monthly
Separate Electric Meters: 4
Separate Gas Meters: 2
Sewer: Public Sewer
Tenant Pays: Electricity, Gas, Heat
Units: 3
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Water: Public
Listed By / Shown By
Listing By
Agency Name: Keller Williams Realty NYC Grp
Agency Contact: 718-697-6800
Shown By
Agency Title: Joyce Realty
Agency Phone: (800-275-5692)
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Estimated Payment
$ 3,729.15 per month $2,870.98 Principal & Interest $481.92 Property Tax $376.25 Homeowner's InsuranceChange Payment Information
Corporate Headquarters
7 E Central Ave, Unit 15, Pearl River, NY 10965Phone: 800-ASK-JOYCE (800-275-5692)
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576 E 169th Street | MLS# 977641
This multi-family property located at 576 E 169th Street, Bronx, NY 10456 is currently listed for sale with an asking price of $1,290,000. Search Bronx real estate on www.joycerealty.com today.