579 E 168th Street Bronx, NY $ 1,650,000
579 E 168th Street
$ 1,650,000
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579 E 168th Street

Bronx, NY, 10456
$ 1,650,000
Bedrooms-- Baths-- Sq 5,136

Monthly Estimate*

$ 10,294

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Commercial Property for sale in Bronx, NY

for $1,650,000. This 5,136 square foot building was built in 1910 on a lot size of 0.0528.

Welcome to 579 E 168th Street—a beautifully renovated five-unit, brick building offering luxurious condo-quality finishes, ideally located in the vibrant Morrisania section of the Bronx. This exceptional turnkey investment presents a rare opportunity to own a fully modernized, income-producing asset with minimal maintenance requirements and significant upside potential. The building has undergone extensive capital improvements, including a brand-new roof, upgraded plumbing and electrical systems, all-new windows, hardwood flooring, and separately metered utilities for each unit, providing efficiency and ease of management for the next owner. Spanning approximately 5,136 square feet, the property consists of five spacious, full-floor, free-market apartments. The unit mix includes two 2-bedroom, 2-bathroom layouts and three 3-bedroom, 2-bathroom layouts—each thoughtfully designed with open-concept living spaces and high-end finishes. Features include in-unit washer/dryers, stainless steel appliances, stone countertops, recessed lighting, and a virtual doorman system, combining luxury and convenience for modern living. The building will be delivered completely vacant by mid-September, offering immediate flexibility for investors, end-users, or developers looking to capitalize on market-rate rental opportunities or reposition the property. Located in an R6 zoning district, the property also holds long-term development potential for those with a vision to build or expand in a rapidly growing area. 579 E 168th Street is situated near local shopping, supermarkets, restaurants, schools, and parks, with excellent accessibility via the nearby B, D, 2, and 5 subway lines, offering a smooth commute to Manhattan and the rest of the city. This is a prime opportunity to secure a fully renovated, low-maintenance building in one of the Bronx’s most dynamic and evolving neighborhoods.

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Commercial Pending

Price

$ 1,650,000

Property Type

Commercial

Taxes

$ 11,726

Style

Multi Family

Lot Size

0.0528

Year Built

1910

Town/City

Bronx

County/Region

Bronx

MLS | Web ID

895939

Features
General
Sewer Public Sewer
Heating Natural Gas Baseboard
Cooling Wall/Window Unit(s)
Utilities Trash Collection Public
Appliances Gas Water Heater
Construction Materials Brick
Year Built 1910
Tenant Pays All Utilities
Property Subtype Multi Family
Tax Year 2024
Parcel Number 02612-0067
Community Features Park
County Bronx County
Property Type Commercial Sale
City New York
High School District Bronx
Number Of Units Total 5
Property Attached Y/N N
Tax Annual Amount 11726
Fuel Expense 3500
Water Sewer Expense 3500
Additional Parcels Y/N N
Virtual Tour https://www.youtube.com/watch?v=w1PhYD6SpmA
Building Area Units Square Feet
Standard Status Pending
Middle/Junior School District Bronx
Elementary School District Bronx
Tax Assessed Value 492480
Year Built Effective 2018
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Interior
Basement Finished Walk-Out Access
Flooring Hardwood
Basement Features Finished Walk-Out Access
Basement (Y/N) Y
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Exterior
Parking Features On Street On Street
Water Source Public
Building Area Total 5136
Waterfront Y/N N
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Internal Only
Street Number 1 579
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* Excluded Features
List By
Jeffrie Pena

Listing Agent

Locqube New York, Inc.

Broker

jeff.pena@locqube.com

Email

Affordability Calculator

$11,271
Per Month
91%
9%
0%
Monthly Principal & Interest
$10,294
Monthly Property Taxes
$977
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4891985 Elementary School
4892400 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/31/2025$1,650,000 Listed Price

Map


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579 E 168th Street, Bronx, NY, 10456 is a Commercial Property for sale at $1,650,000 with 5,136 sqft and a lot size of 0.0528. 579 E 168th Street was built in 1910. The property's zip code is 10456 which is in Bronx, NY