Homes for sale - 560 E 189th ST, Bronx, NY 10458

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 878460

Rental Info No

Year Built 1910

Annual Tax Amount $54,437

Lot Size 2,692 Sqft

Acres 0.0618

Property Sub-Type Multi Family

Source onekey2

Property Description

560 E 189th Street -- offered for the first time in nearly five decades. 21-unit pre-war walk-up 1 block from legendary Arthur Avenue, a nationally celebrated destination for food, culture, and long-term neighborhood strength. Located on a prime corner lot, this standalone building enjoys exceptional natural light in nearly every unit, with windows on multiple exposures—offering bright, airy spaces rarely found in walk-ups.

18 income-producing units, 2 owner-occupied apartments, and 1 vacant unit, this building presents a rare blend of immediate cash flow and tangible upside. The vacant unit provides day-one leasing opportunity, while the owner-occupied apartments can be repositioned over time, creating additional value. Investors should note the opportunity for gradual yield growth through renovation, lease turnover, and improved management.

A true generational hold in a location that supports durable income, low vacancy, and tenant retention. Just blocks from Fordham University, multiple hospitals, and transit corridors, the location delivers the fundamentals that matter: stability, scale, and street-level liquidity.

You're not just buying a rent roll—you're acquiring a property in a demand-proven submarket, that has withstood multiple economic cycles and still has more to give. In a market where many deals require hope, this one simply requires vision.

Location

State NY

County Bronx County

Rooms

Basement Walk-Out Access

Interior

Heating Oil

Cooling None

Flooring Hardwood,Other,Tile

Fireplace No

Appliance Gas Cooktop,Gas Oven,Refrigerator

Exterior

Parking Features Open

Fence Partial

Utilities Available Cable Available,Cable Connected,Electricity Available,Electricity Connected,Natural Gas Available,Natural Gas Connected,Phone Available,Sewer Connected,Trash Collection Public,Water Connected

View Neighborhood

Building

Lot Description Corner Lot,Near Public Transit,Near School,Near Shops

Story 5

Sewer Public Sewer

Water Public

Structure Type Brick

Schools

Elementary Schools Ps 205 Fiorello Laguardia

Middle Schools Thomas C Giordano Ms 45

High Schools Bronx 10

School District Bronx 10

Others

Special Listing Condition None