Property
Ownership: | For Sale |
---|---|
Type: | Multi-Family |
Pets: | Pets No |
Lot Size: | 0.06 Acres |
Financials
Listing Courtesy of BERKSHIRE HATHAWAY
Description560 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.Amenities- Cable - Available
- Cable Connected
- Corner Lot
- Electricity Available
- Electricity Connected
- Gas Cooktop
- Gas Oven
- Laundry
- Natural Gas Available
- Natural Gas Connected
- Near Public Transit
- Near School
- Near Shops
- Neighborhood
- Phone Available
- Refrigerator
- Sewer Connected
- Sidewalks
- Trash Collection Public
- Walk Up
- Water Connected
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.
- Cable - Available
- Cable Connected
- Corner Lot
- Electricity Available
- Electricity Connected
- Gas Cooktop
- Gas Oven
- Laundry
- Natural Gas Available
- Natural Gas Connected
- Near Public Transit
- Near School
- Near Shops
- Neighborhood
- Phone Available
- Refrigerator
- Sewer Connected
- Sidewalks
- Trash Collection Public
- Walk Up
- Water Connected
560 E 189th Street offered for the first time in nearly five decades.
Description560 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.Amenities- Cable - Available
- Cable Connected
- Corner Lot
- Electricity Available
- Electricity Connected
- Gas Cooktop
- Gas Oven
- Laundry
- Natural Gas Available
- Natural Gas Connected
- Near Public Transit
- Near School
- Near Shops
- Neighborhood
- Phone Available
- Refrigerator
- Sewer Connected
- Sidewalks
- Trash Collection Public
- Walk Up
- Water Connected
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.
- Cable - Available
- Cable Connected
- Corner Lot
- Electricity Available
- Electricity Connected
- Gas Cooktop
- Gas Oven
- Laundry
- Natural Gas Available
- Natural Gas Connected
- Near Public Transit
- Near School
- Near Shops
- Neighborhood
- Phone Available
- Refrigerator
- Sewer Connected
- Sidewalks
- Trash Collection Public
- Walk Up
- Water Connected

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.