596 E 164th St, Bronx, NY 10456
OFF MARKET

596 E 164th St
Bronx, NY 10456

Morrisania
  • 8 Beds
  • 6 Baths
  • 3,375 sqft

$1,075,900

Trulia Estimate
as of May 12, 2026
Est. Refi. Payment $6,105/mo*
Refinance Your Home

$1,075,900

Trulia Estimate
as of May 12, 2026
Est. Refi. Payment $6,105/mo*
Refinance Your Home
8 Beds
6 Baths
3,375 sqft

Local Information

Map showing home location
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-- mins to
Commute Destination

Description

Opportunity knocks! This semi-detached 3 family is being sold at a 6.4% Cap Rate, with $68,000+ in annual net income. 596 East 164th Street will be sold with the ground floor 2 bedroom/ 2 bath unit and the basement vacant and recently renovated from the studs in. The top floor was renovated a few years ago, and both the second and third floors are filled with solid tenants who have a history of paying on time every month. Both the second and third floors are rented to CityFHeps candidates, where the city pays their rent, including all their utilities. With the continued appreciation of the South Bronx along with the standing cap rate, the future owner can expect at least a 13% return on their investment. Upsides include adding coin operated laundry and or storage in the basement, and increasing the rent (current 3 bedroom CityFheps programs are renting for $3,000+).

For an end user, this is a great opportunity to purchase a large three family home, where the current tenants will pay your monthly mortgage. Don't wait, contact AJF Real Estate Investments for a private showing.

Monthly Expenses:
Taxes: $663
Water: $500 (owner just did some plumbing work to hopefully bring down the water expenses)
Insurance: $225
PLP: $100

Monthly Income:
Unit 1 (2 bed/ 2 bath): $2,450 (estimated)
Unit 2 (3 bed/ 2 bath): $2,395
Unit 3 (3 bed/ 2 bath): $2,375

Annual Expenses: $17,860
Annual Income: $86,640

Net Income: $68,780
Cap Rate: 6.4%

*please note the property will be sold with all renovations of basement and first floor finished, including the addition of a fridge and stove in Apartment 1.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources.

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
No Info

Home Details for 596 E 164th St

Interior Features

Heating & Cooling
Heating: Baseboard, GasHeating Fuel: Baseboard

Property Information

Year Built
Year Built: 2007
Property Type / Style
Property Type: Multi FamilyArchitecture: Colonial

Exterior Features

Exterior Home Features
Exterior: Brick

Community

Units in Building: 3

Lot Information

Lot Area: 1873 sqft

Price History for 596 E 164th St

DatePriceEventSource
04/01/2023ListingRemovedStreetEasy
03/13/2023$1,075,000PendingStreetEasy
01/20/2023$1,075,000PendingToActiveOneKey® MLS as distributed by MLS GRID #H6210973
11/24/2022$1,075,000PendingOneKey® MLS as distributed by MLS GRID #H6210973
09/17/2022$1,075,000Listed For SaleOneKey® MLS as distributed by MLS GRID #H6210973
10/02/2020$899,999ListingRemovedAgent Provided
03/03/2020$850,000Sold
N/A
10/10/2019$899,999PriceChange
Agent Provided
10/03/2019$949,999Listed For SaleAgent Provided
04/08/2014$1,950ListingRemovedAgent Provided
12/06/2013$1,950Listed For RentAgent Provided
03/28/2009$548,000Sold
N/A
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Property Tax and Assessment

Year2025
Tax$8,554
Assessment$1,003,000
Home facts updated by county records

Comparable Sales for 596 E 164th St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1027 Boston Road, Bronx, NY
0.10
Multi-Family Home
$1,039,000
08/26/25
8
5
3,402
1100 Jackson Avenue, Bronx, NY
0.24
Multi-Family Home
$799,999
03/17/26
8
4
3,234
1049 Trinity Avenue, Bronx, NY
0.16
Multi-Family Home
$700,000
05/13/25
6
3
2,655
1029 Rev James Polite Avenue, Bronx, NY
0.41
Multi-Family Home
$960,000
07/10/25
7
4
3,024
763 Jackson Avenue, Bronx, NY
0.39
Multi-Family Home
$930,000
07/21/25
10
4
4,113
1046 College Avenue, Bronx, NY
0.54
Multi-Family Home
$769,000
03/04/26
9
4
2,790
1352 Franklin Ave, Bronx, NY
0.65
Multi-Family Home
$930,000
06/06/25
8
6
4,440
1044 Prospect Ave, Bronx, NY
0.40
Multi-Family Home
$1,700,000
05/29/25
9
4
3,135
1046 Morris Avenue, Bronx, NY
0.58
Multi-Family Home
$1,130,000
01/30/26
6
3
3,354
865 E 164th St, Bronx, NY
0.41
Multi-Family Home
$1,100,000
10/24/25
6
3
2,682

Assigned Schools

These are the assigned schools for 596 E 164th St.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Morrisania
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Morrisania

At least 652 Trulia users voted on each feature.

  • 86 % Say it's walkable to grocery stores

  • 85 % Say there are sidewalks

  • 77 % Say it's dog friendly

  • 68 % Say it's walkable to restaurants

  • 61 % Say kids play outside

  • 59 % Say streets are well-lit

  • 58 % Say there's holiday spirit

  • 45 % Say people would walk alone at night

  • 43 % Say car is needed

  • 41 % Say neighbors are friendly

  • 40 % Say yards are well-kept

  • 39 % Say they plan to stay for at least 5 years

  • 33 % Say there are community events

  • 30 % Say it's quiet

  • 29 % Say there's wildlife

  • 26 % Say parking is easy

Learn more about our methodology.
  • Shaquile T Everett
    "There is easy access to a park nearby that dogs can run and play. However, most dog owners don’t clean up after themselves and it gets annoying"
    0
    Flag
  • Daniel Thomas
    "There is none we need more attraction on prospect Avenue. Something like a movie theater and skate rank etc . Something for the kids and teenagers. Shoot give us bumper kart"
    0
    Flag
  • Trulia User
    "A parent should know their neighborhood and neighbors to be safe right. Also convenient to have a corner store near buy."
    0
    Flag
  • Trulia User
    "Very good and very safe I’m living here for 5 year and never have any issues here great school area and nice people "
    0
    Flag
  • Trulia User
    "Not everyone but a number of people don’t care how or what there neighbor looks like that also includes those that have pets that walk them and don’t pick up after them "
    2
    Flag
  • Trulia User
    "Its quieter than most neighborhoods. We have two parks and a lot of parties there. Crotona is a nice park."
    2
    Flag
  • Trulia User
    "There is public transportation nearby but I mostly drive to and from my destination. tmTraffic is okay early morning but gets hectic after 2 p.m"
    0
    Flag
  • Melvin W.
    "It's not......you need to BE WELL AWARE OF YOUR SURROUNDINGS. Especially at late nite hrs. I've just move in the area this past early MAY.....and I'm looking to move out of the area I'm now in. Too much BOOMING out on the street MUSIC from persons or person who live in the area. It's NOT WHAT I HAD IN MIND moving to just any area. BROWNSVILLE Brooklyn is much better then THIS. Even though there's 2 many shootings........"
    13
    Flag
  • Trulia User
    "They would like the various amount of small dog parks. They won’t like that several dog owners doesn’t pick up after their dogs,"
    2
    Flag
  • Trulia User
    "My neighborhood is definitely dangerous, and not a place to raise your children. Looking for something that’s worth it for my kids, been living here for 14yrs & I’m ready to go already."
    2
    Flag
  • Trulia User
    "Many low income earning families with pets and lots of children. People here are very friendly but there’s also recorded illegitimate activities going around sometimes "
    0
    Flag
  • Trulia User
    "My neighborhood is surrounded by all mass transit, there is never no problem with traveling. However my neighbors are hateful and spiteful and childish to be adults, my neighborhood is dangerous. Something is always going on negative around here. And the school system sucks. "
    0
    Flag
  • Trulia User
    "My neighborhood have buses to get to the trains, surrounded by everything. I’m in the middle of Morrisania"
    0
    Flag
  • Trulia User
    "The streets are literally rat-infested; they come up from the sewers. It is unbelievable! The neighborhood people are nice, but there are some people who beg in the streets, especially along the Cross Bronx Service Road. "
    0
    Flag
  • Trulia User
    "A lot of schools near by and a lot of cops outside during dismissal time for students safety. Crime rate is very low "
    0
    Flag
  • Marisol Cosme
    "This community does not have events at all.....everyone do they own events for their family and friends."
    0
    Flag
  • Trulia User
    "No body picks up after their dog. There are parks nearby where the dogs can play. You often hear music on the street."
    0
    Flag
  • Trulia User
    "i was born and raised in the south bronx. it's authentic, and it's real new york. the community looks out for each other but people are suffering due to lack of resources and funding. that's an extreme understatement to keep it short. but the people thrive despite all kind of adversity and against all odds. outsiders may have a hard time fitting in without respecting and overstanding all of this and more. "
    2
    Flag
  • Trulia User
    "I don’t now. One thing I can say is there is no dogs park in this area the people that live in this are don’t curb "
    0
    Flag
  • Trulia User
    "Not that bad of a neighborhood. I grew up here, been here since 1986. I’ve watched the neighborhood progress. I feel safe because I know the area and the people. "
    0
    Flag
  • Trulia User
    "Its okay like any other neighborhood. It has its good and its good. You have to be aware of your surroundings like any other community "
    0
    Flag
  • Markeda C.
    "Dog owner would like that there is a near by park. There are many Parks in the Bronx. What they would dislike is that other dog owners do not clean up after their pets in certain areas. "
    9
    Flag
  • Hensy R.
    "Dog owners around this area are not very friendly, they are careless about what their dog does. There’s a lot of garbage in the streets so you would need to watch your dog and make sure the dog does not pick up any random object and swallow it. "
    3
    Flag
  • Trulia User
    "10-20 minute walk to trains. Buses are always crowded. Painful commuting around dangerous neighborhoods "
    4
    Flag
  • Daniel M. T.
    "There are concerts and barbecues in Crotona Park during the summer. Also, the area isn't far from Yankee Stadium. "
    0
    Flag
  • Raullabit
    "Not a place where you would want to raise your kids. There are nice places in the bronx. South bronx is not one of them."
    2
    Flag
  • Hellokitty_divah
    "there aren’t any community events It’s a nightmare living in The Bronx. I don’t leave my home passed 7pm because it’s so dangerous "
    1
    Flag
  • Lidia V.
    "The transportation and the parking problem are the worst and the delinquency are a every day nightmare "
    0
    Flag
  • Celestine.n.camp
    "There are no community events. Just constant violence. I wish there were more positive things in this community especially for the children and teens."
    0
    Flag
  • Savannah R. S.
    "There are no community events. This is a terrible place to live. There is violence every 5 minutes & you can’t have your packages delivered without someone swiping them."
    0
    Flag
  • Jackey A.
    "Lots of crime, lots of dealers and lots of users. Please don’t waste your time bringing your family here."
    1
    Flag
  • Laurenlau N.
    "There are no longer many community events like when I grew up. Few and far between. There are some who are trying to imprive their community, but we cannot without support."
    0
    Flag
  • Eva T.
    "Not a good quality of life not safe for kids lots of drunks and shutting no good schools no good parks"
    0
    Flag
  • Nicholas B.
    "that safety is important and tug that it's always great to know where ever you live there are people who look out for one another and get school and work done in a balanced environment "
    0
    Flag
  • Deborah L.
    "Cook outs and party’s and the kids school is in walking distance I can also travel to work and home "
    0
    Flag
  • Scarlett B.
    "The neighborhood is fine, to say the least, I’ve lived here for about 6 years, there are schools close and public transportation is close as well."
    8
    Flag
  • N. M.
    "i lived here for 46 years of my life i dont mind liveing here as long as i can walk to the store and walk to the park and hang out with my friends i will love to stay liveing here "
    8
    Flag
  • helly O.
    "What you see in the news is REALLL! Its safe but don't get into any trouble. In the night be careful you can get robbed. Crimes happen often. "
    15
    Flag
  • Sha C
    "I've lived here the past couple of years and it is okay so far. there are stores in the distance and also a shopping area nearby."
    0
    Flag
  • Alyssbeth
    "Nothing happened to me in this neighborhood, some people say is Dangerous so I guess I'm lucky. No complains about it "
    15
    Flag

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596 E 164th St, Bronx, NY 10456 is a 8 bedroom, 6 bathroom, 3,375 sqft multi-family built in 2007. 596 E 164th St is located in Morrisania, Bronx. This property is not currently available for sale. 596 E 164th St was last sold on Mar 3, 2020 for $850,000. The current Trulia Estimate for 596 E 164th St is $1,075,900.