579 East 168th Street

Morrisania

$1,649,999
Price
13
Beds
9
Baths
5,136 Sq. Ft.
$321 / Sq. Ft.
5,136
Sq. Ft.
$321
per Sq. Ft.

Description

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,...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.
  1. Listed by Jeffrie Pena • Pantiga Group Inc.
    P: (718)-841-0201 C: (917)-242-9882 jeffrie.pena@pantigagroup.com

Property Details for 579 East 168th Street

Community Features
Park,Near Public Transportation
Garage Spaces
.00
LISTING UPDATED: 11/11/2024 04:50 PM

Property Details for 579 East 168th Street

StatusActive
MLS IDH6335911
Days on Market3
Taxes$11,726 / year
Maintenance-
Min. Down Pymt-
Total Rooms-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1910
Lot Size2,300 SF / 28' x 81'
CountyBronx County

Building

579 E 168th St

4 Units4 StoriesBuilt in 1910

Virtual Tour

Building Information for 579 East 168th Street

Stories4Residences4Year Built1910Building Size28' x 58'Building Sq. Ft6,496 SFLot Size2,300 SF / 28' x 81'Building AgePre-warBuilding TypeHouse

Property Information for 579 East 168th Street

Summary
Location and General Information
  • Village: Bronx
  • Senior Community YN: No
  • MLS Area Minor: 99
  • Year Built Effective: 2018
  • Property Attached: No
  • Structure Type: false
  • Square Footage Source: Municipality
  • Lot Size Source: Other
  • Country: US
  • State Or Province: NY
School Information
  • School District: City of New York
  • Elementary School District: City of New York
  • Elementary School: Call Listing Agent
  • Middle Or Junior School District: City of New York
  • Middle Or Junior School: Call Listing Agent
  • High School District: City of New York
  • High School: Call Listing Agent
Unit Information
Unit 1 Information
  • Unit Type Unit Number: Unit_1
  • Unit Type Floor Location: Cellar
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Baths Full: 1
  • Unit Type Rooms Total: 4
  • Unit Type Leased: 1
  • Unit Type Actual Rent: $2,100.00
  • Unit Type Lease End: 2025-02-15
  • Unit Type Appliances: Oven/Range,Refrigerator
Unit 2 Information
  • Unit Type Unit Number: Unit_2
  • Unit Type Floor Location: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Baths Full: 2
  • Unit Type Rooms Total: 5
  • Unit Type Leased: 1
  • Unit Type Actual Rent: $2,400.00
  • Unit Type Lease End: 2025-01-31
  • Unit Type Appliances: Dryer,Dishwasher,Oven/Range,Refrigerator,Washer
Unit 3 Information
  • Unit Type Unit Number: Unit_3
  • Unit Type Floor Location: 2
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Baths Full: 2
  • Unit Type Rooms Total: 6
  • Unit Type Leased: 1
  • Unit Type Actual Rent: $2,600.00
  • Unit Type Lease End: 2025-01-31
  • Unit Type Appliances: Dryer,Dishwasher,Oven/Range,Refrigerator,Washer
Unit 4 Information
  • Unit Type Unit Number: Unit_4
  • Unit Type Floor Location: 3
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Baths Full: 2
  • Unit Type Rooms Total: 6
  • Unit Type Leased: 1
  • Unit Type Actual Rent: $2,600.00
  • Unit Type Lease End: 2025-01-31
  • Unit Type Appliances: Dryer,Dishwasher,Oven/Range,Refrigerator,Washer
Unit Information
  • Number Of 1 Bedrooms: 0
  • Number Of 2 Bedrooms: 2
  • Number Of 3 Bedrooms: 3
  • Number Of 4 Bedrooms: 0
  • Building Units Total: 5
Taxes and HOA Information
Taxes and HOA Information
  • Parcel Number: 02612-0067
  • Tax Map Number: 02612-0067
  • Tax Assessed Value: $492,480.00
  • Tenant Pays: All Utilities
Income & Expenses Information
Income & Expenses Information
  • Maintenance Expense: $4,200.00
  • Fuel Expense: $3,500.00
Interior and Exterior Features
Interior Features
  • Amenities: Hardwood Floors As Seen, Near Public Transportation, Park, Public
  • Living Area: 5136.0
  • Living Area Units: Square Feet
  • Basement: Finished, Walk-Out Access
  • Location Amenities: Walk Out Basement, Near Public Transportation, Hardwood Floors As Seen
  • Common Walls: No Common Walls
  • Flooring: Hardwood
Exterior Features
  • Exterior Property Features: On Street, Park, Near Public Transportation, Near Public Transit
  • Elevation Certificate: No
Lot Information
  • Lot Features: Near Public Transit
  • Site Features: Park, Near Public Transportation, Near Public Transit
  • Building Area Units: Square Feet
Parking
  • Parking Features: On Street
  • Attached Garage: No
  • Garage: No
Utilities
  • Cooling: Yes
  • Cooling: Window Unit(s)
  • Heating: Natural Gas, Baseboard
  • Heat Fuel Type: Natural Gas, Baseboard
  • Hot Water: Gas Stand Alone
  • Number Of Separate Gas Meters: 5
  • Garbage Removal: Public
  • Sewer: Public Sewer
  • Water Source: Public
  • Number Of Separate Electric Meters: 5
Green Features
  • Green Features: Natural Gas, Baseboard
Virtual Tour

Property History for 579 East 168th Street

DateEvent & SourcePriceAppreciationLink
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 579 East 168th Street

Taxable ValueLand$50,400Additions$442,080Total$492,480
Home Facts
Total Finished SqFt5,136 SqFtLot Size1,746 SqFtYear Built1910ZoningR6APN2026120067

Schools near 579 East 168th Street

This home is within New York City Geographic District # 9.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
P.S. 63 Author S Academy
PublicPK to 5

Is 219 New Venture School
Public6 to 8

Kappa
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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579 East 168th Street is a multi-family home for sale in Morrisania. This property was listed for sale on November 11, 2024 by Pantiga Group Inc., it's currently listed at $1,649,999. This listing's school district is New York City Geographic District # 9. Nearby schools include P.S. 63 Author S Academy, Is 219 New Venture School and Frederick Douglas Academy Iii Secondary School. 579 East 168th Street is a 13-bed, 9-bath, 5,136 sqft multi-family home built in 1910.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Pantiga Group Inc.

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. 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. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.