For Sale
$7,500,000

811 178Th StBronx, NY 10460

High-Yield Bronx Multifamily Investment

Overview

Added:
Feb 3
Days on market:
71
This exceptional 26-unit apartment building presents a lucrative investment opportunity in the thriving Crotona section of the Bronx, New York. Located at 811 E 178th St, this well-maintained property boasts a substantial 20,704 square feet on a 0.13-acre lot. Currently operating at 100% occupancy, this asset guarantees immediate and consistent cash flow. Recent upgrades include a comprehensive plumbing system overhaul, minimizing future maintenance costs and ensuring tenant satisfaction. Furthermore, the building features an energy-efficient heating system, significantly reducing winter operational expenses. This translates to a strong return on investment, particularly attractive given the Bronx's robust and sustained real estate market growth. The property's prime location within the Crotona neighborhood offers convenient access to local amenities, transportation, and a growing population base. This is a rare chance to acquire a stable, high-performing multifamily property with significant upside potential. The asking price is $7,500,000. Serious inquiries only. Financial statements and further details are available upon request. This property is offered as-is.

Property Details for 811 178Th St

Property type
Commercial real estate
Square Feet
20,704 SF
Year Built
1913
Lot Size (sq. ft)
5,663 SF

Location Insight

City
Bronx
County
Bronx County
State
New York
Latitude
40.84458
Longitude
-73.88663
811 178Th St, Bronx, New York

FAQs

What type of property is this?
Commercial real estate - High-Yield Bronx Multifamily Investment
Where is the commercial real estate located?
The property is located at 811 178Th St Bronx, NY.
What is the asking price?
The asking price for this property is $7,500,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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811 178Th St
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