804 E 178th Street, Bronx, NY, 10460
1940
Prime mixed-use investment property located in a high-demand area of the Bronx, NY. This substantial asset features 20+ residential apartment units above ground-floor retail, offering investors a rare opportunity to acquire a scale multifamily property with diversified income streams. The residential units benefit from consistent tenant demand driven by the Bronx’s strong rental market and proximity to public transportation, major roadways, and neighborhood amenities. The retail component provides additional income potential and is well-suited for neighborhood-serving businesses, professional services, or food and retail operators, enhancing the overall stability of the asset. This property presents significant upside through rent growth, operational efficiencies, and potential repositioning. Ideal for investors seeking long-term cash flow, portfolio-scale multifamily exposure, and value appreciation in one of New York City’s most resilient rental markets. A compelling opportunity for both institutional and private investors looking to capitalize on the continued growth and demand in the Bronx.
Status:
Active
Type:
Commercial
Units:
21
Heating:
Hot Air
Cooling:
None
Basement:
Storage Space
Parking:
On Street
Est. Taxes:
$81,000
Construction
Brick
Utilities
Cable Connected, Electricity Connected, Phone Connected
Days on Market:
3
MLS #:
956199
Community Info
School Info
Walk Score
Mass Transit
Yelp
Listing courtesy of ERA Insite Realty Services 914-337-0900