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.
Property Details
Property Features
Property Information:
Year Built: 1910
Living Area: 5,136 SqFt
Listing Office:
Office Name: Pantiga Group Inc.
Office Phone: (718) 841-0201
Interior Features
Interior Information:
Basement: Yes
Flooring Type: Hardwood
Bedroom and Bathroom Information:
Full Bathrooms: 9
Total Bedroom Count: 13
Exterior Features
Parking Information:
Attached Garage: No
Parking: On Street
Lot Features
Lot Information:
Lot: Near Public Transit
Lot Size: 0.05 Acres
Utilities
Utilities Information:
Heating: Natural Gas, Baseboard
Cooling: Window Unit(s)
Price Information
Listing Price Info
Price Summary:
List Price: $1,649,999
Price Per SqFt: $321/SqFt
Tax Information:
Annual Amount: $8,481
Tax Year: 2020
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Housing Market Comparison
See how this home compares to others in Bronx, NY.
This property is $1.0M more than the Median Sold Price and $27/SqFt less than other homes in Bronx, NY.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: ONEKEY
MLS Number: #H6335911
Listing Office:
Office Name: Pantiga Group Inc.
Office Phone: (718) 841-0201
Listings courtesy of OneKey MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.
Information Copyright 2024, OneKey™ MLS. All Rights Reserved. Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. Last updated on: 11/14/2024, 10:11:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Oct 23, 2018
Oct 23, 2018Home Sold
$975,000
Aug 03, 2012
Aug 03, 2012Home Sold
$200,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$8,481
$305,550
2018
$6,866
$58,295
2017
$6,959
$53,979
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
P.S. 63 Arthur's Academy
1260 Franklin Ave
Distance between this listing and this school0.09 miles
Public District Grades KG-5
9
/10
South Bronx Classical Charter School Iv
3458 3rd Ave
Distance between this listing and this school0.14 miles
Public Charter Grades KG-4
9
/10
South Bronx Classical Charter School III
3458 3rd Ave
Distance between this listing and this school0.14 miles
Public Charter Grades KG-6
Nearby Schools
4
/10
Mott Hall Charter School
1260 Franklin Ave
Distance between this listing and this school0.10 miles
Public Charter Grades 6-8
7
/10
Harriet Tubman Charter School
3565 3rd Ave
Distance between this listing and this school0.14 miles
Public Charter Grades KG-8
3
/10
I.S. 219 New Venture School
3630 3rd Ave
Distance between this listing and this school0.21 miles
Public District Grades 6-8
Nearby Schools
4
/10
Frederick Douglass Academy III Secondary School
3630 3rd Ave
Distance between this listing and this school0.21 miles
Public District Grades 9-12
6
/10
Bronx Center for Science and Mathematics
1363 Fulton Ave
Distance between this listing and this school0.23 miles
Public Magnet Grades 9-12
4
/10
Eximius College Preparatory Academy: a College Board School
1363 Fulton Ave
Distance between this listing and this school0.23 miles
The neighbors living near this home have an average income of $21,310. Residents of Bronx, NY typically earn less than $35k each year. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.
This home is located at 579 E 168th St in Bronx, NY and zip code 10456 in the Morrisania neighborhood. This 5,136 square foot home, which was built in 1910, sits on a 0.05 acre lot. Features: 13 bedrooms, 9 bathrooms. It has been listed on Rocket Homes since November 11, 2024 and is currently priced at $1,649,999.
In October 2024, from all listings sold in Bronx, NY there were more than 38 sold above asking price, over 61 sold below and more than 46 were sold right at the asked price. In October 2024 in Bronx, NY there were 2.8% more homes for sale than in September 2024. The median list price of listings available in October 2024 was $589,852, while the average time on the real estate market was 64 days.
From Rocket Homes Real Estate and based on county public records data.