506 Van Nest, Morris ParkBronx, NY 10460Price: $1,395,000

  • Price: $1,395,000
  • Est. Mortgage of $/month
  • 2 Days on Market
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$
%
$/month over payments
Federal 30-year interest rate: 6.36% last updated on May 14, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $1,395,000List Price
  • 9Bedrooms
  • 5Bathrooms

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Introducing a newly constructed attached three-unit property located in the highly desirable Van Nest section of the Bronx. Built with modern living and long-term value in mind, this impressive residence delivers a rare opportunity for both end-users and investors seeking a turnkey asset with strong income-producing potential. Thoughtfully designed with contemporary finishes, spacious interiors, and updated building systems, this property offers the perfect blend of comfort, functionality, and investment appeal. The residence features a total of 9 generously sized bedrooms and 5 beautifully finished bathrooms spread across three well-planned units. Each residence offers an open-concept layout that seamlessly connects the living and dining areas, creating an inviting atmosphere ideal for everyday living and entertaining. The kitchens are designed with style and practicality in mind, showcasing quality cabinetry, sleek countertop surfaces, modern fixtures, and ample storage space. Natural light flows throughout the property, enhancing the clean modern aesthetic and creating bright, welcoming interiors. The bedrooms are comfortably proportioned with substantial closet space, while the bathrooms are finished with contemporary materials and tasteful design elements that complement the overall sophistication of the home. Constructed with modern efficiency standards, the property includes updated mechanical systems, energy-efficient components, central heating and cooling, and in-unit laundry hookups where applicable. Every detail has been carefully considered to provide convenience, durability, and low-maintenance ownership for years to come. Perfectly positioned in Van Nest, the property offers easy access to major highways, public transportation, shopping centers, local restaurants, parks, schools, and neighborhood conveniences. Its strategic location makes commuting throughout the Bronx and into Manhattan both practical and efficient. This exceptional opportunity is ideal for a purchaser looking to occupy one residence while benefiting from rental income generated by the additional units. It also presents a strong option for investors seeking a newly built income-producing property with minimal upfront maintenance requirements and substantial earning potential. Estimated rental income for each three-bedroom residence ranges from approximately $3,500 to $3,850 per month, creating a potential gross monthly income between $10,500 and $11,550. Annual gross income projections can exceed $138,000, making this a compelling addition to any real estate portfolio. In addition to the sale, our team also provides full rental and tenant-placement services after closing, offering a seamless transition from acquisition to income generation. We help position your investment for immediate cash flow and long-term success.

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Listed by Eyal Sagi of WW Realty Group Inc

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of May 17, 2026 9:22 AM EDT. 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. IDX information is provided exclusively for consumers’ personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement.

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