560 E 189th Street – Historic 21-Unit Multifamily in Belmont

Offered for the first time in nearly 50 years, 560 E 189th Street presents a rare opportunity to own a legacy property in the heart of Belmont—just off Arthur Avenue, famously dubbed “The Best Block in America.” This 21-unit, pre-war brick building has been in the same hands since 1976, a true generational asset now ready for its next chapter.

The building features:
18 income-producing apartments
2 owner-occupied units
1 vacant unit
3 units to be delivered vacant at closing

Perfectly positioned near Fordham University, St. Barnabas Hospital, the Bronx Zoo, and the Botanical Gardens, this property benefits from consistent rental demand and long-term tenant retention. With classic architecture, rent-stabilized units, and operational scale, investors have the opportunity to increase value over time through strategic upgrades and repositioning.

They don’t build them like this anymore. In a market where predictability, location, and stability matter more than ever, 560 E 189th delivers.

📩 Interested in full financials or rent roll? Contact Melina Spahija for more information.