Dan Smalley
Licensed Real Estate Salesperson
REALTOR®
BEDS9
BATHS6 full
MLS#977403
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
Fully Vacant 3 Family with a finished basement for extra storage. living room's in each apartment have enough space to build an extra 4th bedroom for more rental income. 2 full bathrooms in each apartment. Tax Abatement already came off the property and all units are all fully market rent. each apartment pays for their own utilities. great net income after very low expenses. property could potentially generate over 163,380 Gross income yearly if rented at full market rents per voucher standard payments. with a net income after expenses at 152,880. that's an 11% cap rate even at full asking. price could be slightly negotiable.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Finished
Cooling: Wall/Window Unit(s)
Heating: Baseboard
Lot Size: 0.04 Acres
Taxes: $7,618
Year Built: 2006
Amenities
First Floor Bedroom
Feature Descriptions
Building Area Total: 3234
Days on Site: 1
Exterior: Brick
Heating Units: 3
On Market Date: 2026-03-27
Parcel Number: 03123-0007
Parking Features: None
Property Attached Y/N: 1
Rental Term: Monthly
Separate Electric Meters: 4
Separate Gas Meters: 3
Sewer: Public Sewer
Units: 3
Utilities: None
Water: Public
Estimate Your Payment
Estimated Payment
$ 7,854.92 per month $6,826.33 Principal & Interest $634.83 Property Tax $393.75 Homeowner's InsuranceChange Payment Information
Listed By / Shown By
Listing By
Agency Name: eXp Realty
Agency Contact: 888-276-0630
Shown By
Agent Name: Dan Smalley
Agent Phone: Cell: (631) 469-8957
Agency Title: Coldwell Banker American Homes
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879 E 178th Street | MLS# 977403
This multi-family property located at 879 E 178th Street , Bronx, NY 10460 is currently listed for sale with an asking price of $1,349,999. Search Bronx real estate on www.dansmalleyrealtor.com today.