For saleReduced $500,001 from $2,500,000

$1,999,999

576 Southern Blvd.Bronx, NY 10455

Multifamily property · MLS 11524351 · Listed 497 days ago (Jun 25, 2025)

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Active: Listed and available according to the MyStateMLS feed.

About this property

REO- PRIME INVESTMENT PROPERTY- INTRODUCING 576 SOUTHERN BLVD. BRONX, NY, A RARE OPPORTUNITY TO ACQUIRE A SOLID INCOME PRODUCING ASSET. 5 STORIES AND 21 UNIT/ 2 STORE FRONT RENT- STABALIZED BUILDING OFFERS CONSISTENT CASH FLOW AND LONG TERM UPSIDE IN ONE OF NEW YORK CITY'S MOST STABLE RENTAL MARKETS WITH A 7.61 CAP RATE. BUILDING IS LOCATED NEAR ALL PUBLIC TRANSPORTATION, SCHOOLS, SHOPPING, AND ALL OTHER LOCAL AMENITIES. DO NOT MISS THIS CHANCE TO OWN A STABLE, CASH FLOWING ASSET IN ONE OF THE BRONX'S MOST PROMISING CORRIDORS. CONTACT US TODAY FOR ALL FINANCIALS, RENT ROLLS, OR TO SCHEDULE A VIEWING! OWNER FINANCING! A MUST SEE!

Description provided by the listing brokerage.

Key facts

Asking price
$1,999,999
Original list price
$2,500,000
Status
For sale
Property type
MultifamilyFrom the MLS property class
MLS number
11524351

Facts are reported by the listing brokerage. Items not listed were not provided; that does not mean the property lacks them or that they are zero.

Price

Asking price
$1,999,999
Annual taxes
$110,000

Building and site

Stories
5
County
Bronx County

Reported features

  • Near public transit (from a listing field)

A mention is not a specification. Confirm power, clear height, doors, parking and code compliance for your use with the listing representative and your own advisers.

Listing details

Construction

  • Brick

Location

The pin is the listing's reported coordinates and may be approximate. It is not a parcel boundary or survey and says nothing about access rights, easements or flood zones. See more listings in Bronx or multifamily property in Bronx.

Why this listing is on Commercial Only

  • Multi-unit income property class. (PropertyTypeDetail: multi-5-plus)

How listings qualify. Something wrong? Report it.

Price and status history

  • Original list price reported by the brokerage: $2,500,000

Changes observed by Commercial Only in MyStateMLS data since Nov 3, 2026. This is not a public-record sales or lease history.

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Guides

Listing courtesy of DAC PROPERTIES CORP. Listing agent: Damien Coleman. Listings provided by MyStateMLS.

Listing last modified at the source Nov 3, 2026, 6:37 PM UTC. Commercial Only last confirmed MyStateMLS data Nov 4, 2026, 10:30 PM UTC. Information is deemed reliable but not guaranteed; verify all details with the listing representative.