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576 Southern Blvd 19 Unit Apartment Building $2,500,000 ($131,579/Unit) 7.61% Cap Rate Bronx, NY 10455

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INVESTMENT HIGHLIGHTS

HEAVY TRAFFIC
GREAT INVESTMENT

CONSISTENT RENT ROLL

EXECUTIVE SUMMARY

PRIME INVESTMENT PROPERTY- INTRODUCING 576 SOUTHERN BLVD. BRONX, NY, A RARE OPPORTUNITY TO ACQUIRE A SOLID INCOME PRODUCING ASSET. 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 LOCAL AMENITIES. DON'T MISS THIS CHANCE TO OWN A STABLE, CASH FLOWING ASSET IN ONE OF THE BRONX'S MOST PROMISING CORRIDORS. CONTACT US AT BROKER@DACPROPERTIES.COM (516-378-8888) FOR FINANCIALS, RENT ROLL, OR TO SCHEDULE A TOUR!

PROPERTY FACTS

Price	$2,500,000	Property Subtype	Apartment General Retail Storefront Retail/Residential
Price Per Unit	$131,579	Apartment Style	Mid-Rise
Sale Type	Investment	Building Class	C
Cap Rate	7.61%	Lot Size	0.10 AC
Sale Condition	REO Sale	Building Size	19,800 SF
No. Units	19	No. Stories	5
Property Type	Multifamily	Year Built	1909
Zoning	R7-1/C1-4 - R7 Zoning is considered medium density residential. It is broken into 2 basic zoning districts R7-1 and R7-2. R7-1 has more parking requirements.

Price	$2,500,000
Price Per Unit	$131,579
Sale Type	Investment
Cap Rate	7.61%
Sale Condition	REO Sale
No. Units	19
Property Type	Multifamily
Property Subtype	Apartment General Retail Storefront Retail/Residential
Apartment Style	Mid-Rise
Building Class	C
Lot Size	0.10 AC
Building Size	19,800 SF
No. Stories	5
Year Built	1909
Zoning	R7-1/C1-4 - R7 Zoning is considered medium density residential. It is broken into 2 basic zoning districts R7-1 and R7-2. R7-1 has more parking requirements.

UNIT AMENITIES

Air Conditioning

SITE AMENITIES

On-Site Retail

UNIT MIX INFORMATION

DESCRIPTION	NO. UNITS	AVG. RENT/MO	SF
1+1	2	-	-
2+1	9	-	-
3+1	4	-	-
4+1	4	-	-

1 1

Walk Score®

Very Walkable (89)

Transit Score®

Rider's Paradise (99)

Bike Score®

Very Bikeable (71)

What is a Walk Score®, Transit Score® & Bike Score®?

Walk Score® measures the walkability of any address.

Transit Score® measures access to public transit.

Bike Score® measures bikeability of a location.

What is a Walk Score®

, Transit Score® & Bike Score?

Walk Score® measures the walkability

of any address. Transit Score®

measures access to public transit. Bike Score®

measures bikeability of a location.®

Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number	02603-0017	Improvements Assessment	$742,730
Land Assessment	$34,650	Total Assessment	$777,380

PROPERTY TAXES

Parcel Number

02603-0017

Land Assessment

$34,650

Improvements Assessment

$742,730

Total Assessment

$777,380

(516) 528-1531

CONTACT

Damien Coleman
Dac Properties Corp

Listing ID: 36320129
Date on Market: 6/19/2025
Last Updated:
Address: 576 Southern Blvd, Bronx, NY 10455

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