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New
2126
Home61's Closings in
Miami, FL
Amenities
Key features
Living area
N/A
Lot size
N/A
Tax
$54,437 (2024)
$ /sqft
-
Tenant Occupied
No
Parking Space
0
Building
-
On market
1 day
$ /sqft
-
Type
other
Year Built
1910
Unit
-
Zip Code
10458
Ref./MLS ID
KEY878460
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.
Data is provided by OneKey MLS.
Listed on August 14, 2025 by Melina Spahija from BERKSHIRE HATHAWAY, this other is for sale. other for sale in New York listed at $2,199,000, Reference KEY878460
The multiple listing information is provided by OneKey MLS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2025 OneKey MLS®. All Rights Reserved.
The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
The multiple listing information is provided by OneKey MLS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2025 OneKey MLS®. All Rights Reserved.
The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.