$2,400,000
$100K PRICE DROP

Estimated payment $22,181/month

Total Views 72,088
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

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!

Listing Agent

Damien Coleman

DAC PROPERTIES CORP Listed on: 06/25/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $110,000

Home Design

  • Brick Exterior Construction

Location

  • Property is near public transit and bus stop

Community Details

  • Woodstock Community
  • 5-Story Property

Listing and Financial Details

  • REO, home is currently bank or lender owned

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$110,000

Lot Details

4,356 Sq Ft Lot

Listing Details

  • Directions To Property: GPS
  • HamletID: 0
  • LandRentAmount: 0
  • NearBus: Yes
  • NearTrain: Yes
  • Number Of Stories: 5
  • PercentageOfTaxThatIsDeductable: 0
  • PropertyCity: Bronx
  • PropertyTownship: Bronx
  • Prop. Type: Multi-Unit (5+)
  • Renovation Year: 0
  • SaleTypeBank: Yes
  • SForSaleAndRForRental: S
  • SidingBrick: Yes
  • USStateAbbreviation: NY
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily
  • Stories: 5

Interior Features

  • Fireplaces: 0
  • AboveArea Sq Ft: 0

Garage/Parking

  • AttachedParking: 0
  • Numberof Garage Spaces: 0

Condo/Co-op/Association

  • HOA Fees: 0
  • Units in Building: 0

Lot Info

  • Number Of Lots: 0

Multi Family

  • Unit Number of Bedrooms: 0
  • Total Taxes: 110000

Tax Info

  • Tax Year: 0

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $97,173 $788,450 $34,650 $753,800
2025 $98,750 $777,380 $34,650 $742,730
2024 $98,750 $789,870 $34,650 $755,220
2023 $93,931 $765,720 $34,650 $731,070
2022 $90,419 $827,100 $34,650 $792,450
2021 $85,165 $749,250 $34,650 $714,600
2020 $80,039 $785,250 $34,650 $750,600
2019 $63,425 $688,050 $34,650 $653,400
2018 $64,630 $660,150 $34,650 $625,500
2017 $53,572 $588,600 $34,650 $553,950
2016 $43,000 $486,450 $19,800 $466,650
2015 $15,142 $450,900 $19,800 $431,100
2014 $15,142 $354,600 $19,800 $334,800
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/24/2026 03/24/26 Price Changed $2,400,000 0.0% --
03/24/2026 03/24/26 For Sale $2,400,000 -4.0% --
01/02/2026 01/02/26 Off Market $2,500,000 -- --
06/25/2025 06/25/25 For Sale $2,500,000 -- --
Source: NY State MLS

Source: NY State MLS

MLS Number: 11524351

NY State MLS
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