576 Southern Blvd Bronx, NY 10455
Longwood NeighborhoodEstimated payment $21,979/month
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!
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
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 |
Property History
| 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
MLS Number: 11524351
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