872 E 156th St Bronx, NY 10455
Longwood NeighborhoodEstimated payment $5,370/month
About This Home
Welcome to 872 East 156th Street, a well-maintained 2-family investment property offering exceptional in-place cash flow with an estimated ~14% cap rate - a rare find in today's market. The building features three separate electric meters, allowing for efficient simplified management. The property has been consistently maintained and is home to strong, long-term tenants, providing immediate, stable income from day one. This is an ideal acquisition for an investor seeking a high-yield, low-maintenance asset with proven operating history. With solid tenancy, separate utilities, and an attractive return profile, the property offers both dependable current cash flow and long-term hold potential. Whether you are expanding a portfolio or seeking a reliable entry into the Bronx multifamily market, 872 E 156th Street delivers strong numbers, stability, and straightforward operations.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,165
Home Design
- Frame Construction
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Full Bathrooms
Community Details
- Woodstock Community
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,787 | $20,736 | $4,687 | $16,049 |
| 2024 | $3,787 | $20,255 | $4,558 | $15,697 |
| 2023 | $3,799 | $20,107 | $4,114 | $15,993 |
| 2022 | $3,500 | $50,520 | $12,300 | $38,220 |
| 2021 | $3,463 | $41,040 | $12,300 | $28,740 |
| 2020 | $3,362 | $39,300 | $12,300 | $27,000 |
| 2019 | $3,238 | $33,480 | $12,300 | $21,180 |
| 2018 | $3,118 | $16,756 | $5,260 | $11,496 |
| 2017 | $2,923 | $15,808 | $6,220 | $9,588 |
| 2016 | $2,672 | $14,914 | $7,385 | $7,529 |
| 2015 | $1,579 | $14,400 | $5,794 | $8,606 |
| 2014 | $1,579 | $14,066 | $5,740 | $8,326 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/13/2026 01/13/26 | For Sale | $975,000 | +9.6% | -- | |
| 12/14/2023 12/14/23 | Sold | $890,000 | -8.7% | $427 / Sq Ft | View Prior Sale |
| 06/01/2023 06/01/23 | Pending | -- | -- | -- | |
| 04/20/2023 04/20/23 | For Sale | $975,000 | -- | $468 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Deed | $890,000 | -- | |
| Deed | $890,000 | -- | |
| Deed | $470,000 | -- | |
| Deed | $470,000 | -- | |
| Deed | $335,000 | -- | |
| Deed | $335,000 | -- | |
| Bargain Sale Deed | $20,000 | Record & Return Title Agency | |
| Bargain Sale Deed | $20,000 | Record & Return Title Agency |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $667,500 | Purchase Money Mortgage | |
| Previous Owner | $376,000 | Purchase Money Mortgage | |
| Previous Owner | $318,250 | Purchase Money Mortgage |
Source: NY State MLS
MLS Number: 11631123
APN: 02687-0020
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