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$1,800,000   Price Analysis
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887 E 178th St
Bronx, NY 10460
34 bed 12 bath 11,517 SqFt ($156/SqFt)
2,548SqFt lot. Built 1910
Listed 2024-03-25, Taxes $9,120
Ⓧ USDA Ineligible
due to price & location

near Bronx

This 5 Story (11 Unit)

Property presents an excellent opportunity to an Investor or as a potential Owner occupied residence. This rent stabilized building has 6 units that are tempora rily exempt due to owner occupancy. There are 5 (3) bedroom /1 bath units, 4 (4) Bedroom 1 Bath, 1 (2) bedroom/2 baths and 1 One bedroom/one bath located in the basement.

Unit 4E 4Bedrooms 1Bath is vacant due to the renovation/deferred maintenance that is required to return it to the rent roll. Property is located in the West Farms area close to restaurants, shops, public transportation by bus and train. Location also provides a blend of convenience and comfort for an artful investor. A must se to appreciate the array of natural lighting in each apartment!


Presented by Doris Clarke at
Clarke Realty.
Listing Agent Photo

Property MLS #H6296660 from OneKeyMLS

Bedrooms: 34

Total Bathrooms: 12
Full Bathrooms: 12

Basement Features: Partially Finished, Walk-Out Access
Basement Description: Partially Finished, Walk-Out Access

Cooling Features: Window Unit(s)
Heating Features: Natural Gas, Baseboard

Flooring: Hardwood

Lot Description: Corner Lot, Near Public Transit
Lot Size Acres: 0.058494
Lot Size Square Feet: 2548

Road Responsibility: Public Maintained Road

Association: No
Calculated Total Monthly Association Fees: 0
Maintenance Expense: 12464

Elementary School District: City of New York
High School District: City of New York
Middle or Junior School District: City of New York

Ps 67 Mohegan School is a public elementary school located approximately 0 miles away.
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Is 318 Math Science And Tech Through Arts School is a public middle school located approximately 0.3 miles away.
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Urban Assembly School For Wildlife Conservation is a public middle and high school located approximately 0 miles away.
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St. Thomas Aquinas Elementary School is a private elementary and middle school located approximately 0.2 miles away.
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Number of Units: 11
Number of 1 Bedroom Units: 1
Number of 2 Bedroom Units: 1
Number of 3 Bedroom Units: 5
Number of 4 Bedroom Units: 4

Tenant Pays: All Utilities, Cooking Gas, Electricity, Heat

Annual Tax Amount: 10864.00
Source Listing Status: Active
County: Bronx
Directions: Use GPS
List Price Low: 1800000
Source Property Type: Residential Income
Number of Separate Electric Meters: 12
Number of Separate Gas Meters: 11
Owner Pays: Insurance
Parcel Number: 03123-0030
Postal City: BRONX
Property Subtype: Multi Family
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$679,500 + $11,700
$691,200
$9,120
2021$801,450 + $11,700
$813,150
$8,466
2020$880,200 + $11,700
$891,900
$8,609
2019$823,140 + $11,700
$834,840
$8,430
2018$60,881 + $1,041
$61,922
$7,810
2017$56,269 + $1,072
$57,341
$7,293
2016$52,000 + $1,094
$53,094
$6,844
2015$50,222 + $1,199
$51,421
$6,610
2015$51,918 + $1,176
$53,094
$6,840
2014$46,516 + $1,117
$47,633
$6,261
2011$39,824 + $1,018
$40,842
$5,486
2010$39,824 + $1,018
$40,842
$5,453
2009$39,563 + $1,279
$40,842
$5,237
2007$32,945 + $985
$33,930
$4,047

Relisted 2024-04-20
$1,800,000
OneKeyMLS
Listing removed 2024-04-08
$1,800,000
OneKeyMLS
Listed 2024-03-25
$1,800,000
OneKeyMLS

Total Square Feet Living: 11517
Year Built: 1910
Common Walls: No Common Walls
Construction Materials: Brick, Stone
Property Age: 114
Year Built Effective: 2014

Sewer: Public Sewer
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.