879 E 178th St Bronx, NY 10460
West Farms NeighborhoodEstimated payment $7,792/month
Highlights
- Main Floor Bedroom
- Baseboard Heating
- 3-minute walk to Mapes Ballfield
About This Home
Fully Vacant 3 Family with a finished basement for extra storage. living room's in each apartment have enough space to build an extra 4th bedroom for more rental income. 2 full bathrooms in each apartment. Tax Abatement already came off the property and all units are all fully market rent. each apartment pays for their own utilities. great net income after very low expenses. property could potentially generate over 163,380 Gross income yearly if rented at full market rents per voucher standard payments. with a net income after expenses at 152,880. that's an 11% cap rate even at full asking. price could be slightly negotiable.
Listing Agent
eXp Realty Brokerage Phone: 888-276-0630 License #10401335839 Listed on: 03/27/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,618
Year Built
- Built in 2006
Lot Details
- 1,637 Sq Ft Lot
Home Design
- Triplex
- Brick Exterior Construction
Bedrooms and Bathrooms
- 9 Bedrooms
- Main Floor Bedroom
- 6 Full Bathrooms
Utilities
- Cooling System Mounted To A Wall/Window
- Baseboard Heating
Additional Features
- Finished Basement
Listing and Financial Details
- Assessor Parcel Number 03123-0007
Community Details
Overview
- 3 Units
Building Details
- 4 Separate Electric Meters
- 3 Separate Gas Meters
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 | $7,618 | $37,930 | $7,112 | $30,818 |
| 2024 | $7,618 | $37,930 | $7,119 | $30,811 |
| 2023 | $7,502 | $36,938 | $6,862 | $30,076 |
| 2022 | $3,364 | $53,820 | $10,800 | $43,020 |
| 2021 | $3,546 | $44,100 | $10,800 | $33,300 |
| 2020 | $3,567 | $47,520 | $10,800 | $36,720 |
| 2019 | $3,525 | $44,400 | $10,800 | $33,600 |
| 2018 | $3,435 | $30,782 | $10,356 | $20,426 |
| 2017 | $3,435 | $29,040 | $10,800 | $18,240 |
| 2016 | $3,369 | $27,920 | $8,832 | $19,088 |
| 2015 | $2,301 | $26,340 | $9,000 | $17,340 |
| 2014 | $2,301 | $26,340 | $9,000 | $17,340 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/27/2026 03/27/26 | For Sale | $1,349,999 | -- | $417 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $700,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $560,000 | Purchase Money Mortgage |
Source: OneKey® MLS
MLS Number: 977403
APN: 03123-0007
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Listings courtesy of OneKey® MLS as distributed by MLS GRID
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Ask me questions while you tour the home.