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Property Description

Turnkey income-producing three-family property located at 587 E 178th Street in the Bronx. Constructed in 2010 and carefully maintained, this contemporary building offers a low-maintenance investment opportunity. The property includes three well-sized 2-bedroom, 1-bathroom apartments with high ceilings and clean, well-preserved interiors. Each apartment has its own individually metered boiler and water heater, allowing for better control of operating costs. The building also features storage rooms that are currently leased, creating additional rental income. Zoned R7-1 and benefiting from a tax abatement through 2036, the property provides stabilized rental income while helping reduce overall expenses. The building is equipped with a full sprinkler system, has no HPD or DOB violations, and all documentation is current. Situated in a busy residential area with easy access to public transportation, shopping, schools, and major roadways, the location continues to attract strong tenant demand, making this property a valuable long-term investment opportunity in the Bronx.

Features
Heating System:
Natural Gas
Cooling System:
Wall/window Unit(s)
Basement:
Finished
Flooring:
Hardwood, Tile
Interior Features:
Entrance Foyer, Open Kitchen, Walk Through Kitchen
Parking Features:
No
Sewer:
Public Sewer
Utilities:
Natural Gas Available
Address Map
City:
NY
State:
NY
County:
Bronx County
Street Dir Prefix:
E
Property and Construction
Architectural Style:
Other
Development Status:
Brick
Agent MlsId:
67030
Office MlsId:
CALLIT
Number Of Units:
3
Special Listing Conditions:
No
Tax Annual Amount:
$1,680
Water Source:
Public
PhotosCount:
1

Residential Income For Sale

587 178th Street, New York, NY

6 Bedrooms
3 Bathrooms
$1,288,888
Listing ID #970547
Basic Details
Property Type :
Residential Income
Property SubType :
Triplex
Listing ID :
970547
Price :
$1,288,888
Bedrooms :
6
Bathrooms :
3
Bathrooms Total :
3
Building Area :
2,700 Sqft
Year Built :
2010
Status :
Active
Status :
Active
Listing Office :
Call It Home Realty LLC
Listing Agent :
Barbie Melendez
Agent info
Kasner Properties
284 W Park Ave Long Beach, NY 11561
Contact Agent
Walkscore
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