Home Details for 560 E 189th Street

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.

• Utilities

  • Natural Gas Available
  • Cable Available
  • Cable Connected
  • Electricity Available
  • Electricity Connected
  • Natural Gas Connected
  • Phone Available
  • Sewer Connected
  • Water Connected

• Cooling Information

  • None

• Heating Information

  • Oil

• Water Features

  • Public

• Parking

  • Open

• Basement

  • Walk-Out Access