579 E 168th Street, Bronx, NY 10456

Property Description

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.