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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 temporarily 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 s 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 see 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.