Multi Family 5+ in Bronx County
| MLS Number | 956199 |
|---|---|
| Address | 804 E 178th Street, Bronx, NY 10460 show map |
| Price | $4,200,000 show mortgage calculator |
| Acres | 0 |
| Year Built | 1940 |
| Est. Sq. Footage | 0 |
| Elementary School | |
| Jr High-Middle School | |
| High School | |
| Estimated Taxes | $81,000 |
| Total Apt Units | 21 |
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.
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