879 E 178th St The, Bronx, NY 10460

Building Details

Year Built

2006

Listing agent Bryan Y. Blanco Show Phone

Listing office B***@aol.com Show Phone

Listing date Apr 24, 2026

Source Elliman

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Bryan Y. Blanco

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Overview

This is a fully vacant three-family property with a finished basement providing extra storage space. Each apartment features a living room spacious enough to potentially accommodate an additional fourth bedroom, which could increase rental income. Each apartment has two full bathrooms. The tax abatement has already been removed from the property, and all units are ready to be rented at full market rates. Each apartment is responsible for its own utilities. The property has the potential to generate over $163,380 in gross annual income if rented at full market rents per voucher standard payments, with a net income after expenses of $152,880, representing an 11% cap rate at the full asking price. The property is located in a very bikeable area with a bike score of 74, a very walkable area with a walk score of 80, and a rider's paradise with a transit score of 100.

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Bronx

County

Bronx

State

New York

Longitude

-73.884133

Latitude

40.843294

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FAQs

What type of property is this?

Triplex - Fully vacant triplex with finished basement in the Bronx.

Where is this triplex located?

The property is located at 879 E 178th St The Bronx, NY.

What is the asking price?

The asking price for this property is $1,349,999.

What are key features of this property?

This property features: High Potential Gross Annual Income: **$163,380** (at full market rents per voucher standard payments).; High Potential Net Annual Income: **$152,880** after expenses.; **11% Cap Rate:** Even at full asking price.