1. New York
2. Bronx
3. 560 E 189th Street

560 E 189th Street, Bronx, NY 10458

• 16,500 sqft

Property Description

560 E 189th Street -- offered for the first time in nearly five decades. 21-unit pre-war walk-up sits just off legendary Arthur Avenue, a nationally celebrated destination for food, culture, and long-term neighborhood strength. 8 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.

Listing Status:

Active

Listing Office:

BERKSHIRE HATHAWAY : 516-741-3070

MLS ID:

878460

Interior

• Appliances: Gas CooktopGas OvenRefrigerator
• Basement: Walk-Out Access
• Flooring: HardwoodOtherTile
• A/C: None
• Heating: Oil

Exterior

Location

Lot

Utilities

Financial

This listing courtesy of BERKSHIRE HATHAWAY