Buy with Yoreevo
$1,616,999
List Price: $1,649,999
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579 E 168th Street
House in Morrisania •  building info
studio • 2,300ft² $717 per ft²
Buy with Yoreevo

$1,616,999

List Price

$1,649,999

Key Details
Days on market
46
Last price change
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Estimated payment
$10,363
Taxes
$977
Monthly maintenance
N/A
Description
Welcome to 579 E 168th St—a five-unit, brick building with luxurious condo-quality finishes, ideally situated in the Morrisania. This turnkey investment property offers investors a prime opportunity to generate substantial income with minimal maintenance costs. The building has been extensively upgraded, featuring separate utilities and a new roof, plumbing, electrical systems, hardwood flooring, and windows. Each unit boasts high-end finishes, including in-unit washers/dryers, stainless steel appliances, stone countertops, recessed lighting, and a virtual doorman, among other premium touches. With a total of 5,136 square feet, the property houses five full-floor, free-market apartments comprising two 2-bedroom, 2-bathroom, and three 3-bedroom, 2-bathroom units. The property can be delivered vacant by closing, a perfect opportunity for a savvy developer. The building is near shopping, supermarkets, and easy access to public transportation with the MTA B, D, 2, and 5 train lines nearby.

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Listing Amenities
Hardwood floors
Building Amenities
Parking Available
Building info

History
What it'll cost
Purchase price
$1,649,000
Asking Price: $1,649,999
Term
30 Years
Down Payment
$164,000 (10%)
Min: 10% (164,000)
Rate
6.5 %
Mortgage Amount
$1,484,999
Mortgage Payment
$9,386
Taxes
$977
Estimated Yoreevo rebate
$33,000
Estimated closing cost
$58,000
Total monthly cost $10,363
Buy your dream home with us and get an estimated $33,000 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Listing Courtesy of Pantiga Group Inc.

Information ©2024, OneKey MLS. All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.