8 months on rocket

887 E 178th St, Bronx, NY, 10460

$1,800,000

Home List Price

$10,000*

Closing Credit

34 Bedrooms
12 Full Baths
11,517 SqFt
$156/SqFt
Multi

Location

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887 E 178th St, Bronx$1,800,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
ParkingNone
Year Built1910
HeatingNatural Gas, Baseboard
CoolingWindow Unit(s)
BasementYes
MLS #H6296660
Lot Size0.06 Acres
StatusActive
(A)

About 887 E 178th St

This 5 Story (11 Unit) property presents an excellent opportunity to an Investor or as a potential Owner occupied residence. This rent stabilized building has 6 units that are temporarily exempt due to owner occupancy. There are 5 (3) bedroom /1 bath units, 4 (4) Bedroom 1 Bath, 1 (2) bedroom/2 baths, and 1 One bedroom/one bath located in the basement. Unit 4E 4Bedrooms 1Bath is vacant due to the renovation/deferred maintenance that is required to return it to the rent roll. Property is located in the West Farms area close to restaurants, shops, public transportation by bus, & train. Location also provides a blend of convenience and comfort for an artful investor. A must see to appreciate the array of natural lighting in each apartment!

Property Details

Property Features

Property Information:

  • Year Built: 1910
  • Living Area: 11,517 SqFt

Listing Office:

  • Office Name: Clarke Realty
  • Office Phone: (914) 632-5800

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Hardwood

Bedroom and Bathroom Information:

  • Full Bathrooms: 12
  • Total Bedroom Count: 34

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: None

Lot Features

Lot Information:

  • Lot: Corner Lot, Near Public Transit
  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Baseboard
  • Cooling: Window Unit(s)

Other

Directions Information:

  • Directions: Use GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,800,000
  • Price Per SqFt: $156/SqFt

Tax Information:

  • Annual Amount: $8,609
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Bronx, NY.

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Bronx, NY

City

Med. Sold Price

$589.8K

Med. Price/SqFt

$348

Avg. Days On Market

64

# of Sold Homes

145

887 E 178th St vs Bronx

241 DAYS ON ROCKET

+177 Days

$1,800,000

+$1.2M More

$156/SqFt

-$192 Less

KEY TAKEAWAY

This property is $1.2M more than the Median Sold Price and $192/SqFt less than other homes in Bronx, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ONEKEY
  • MLS Number: #H6296660

Listing Office:

  • Office Name: Clarke Realty
  • Office Phone: (914) 632-5800

IDX Listings courtesy of OneKey MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDXThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.

Information Copyright 2024, OneKey™ MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 11/21/2024, 11:11:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$8,609$891,900
2018$7,293$61,922
2017$6,845$57,341

History based on county public records data.

Payment Calculator

$9,051

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,463

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-272634
8
/10

  • P.S. 67 Mohegan School

  • 2024 Mohegan Ave

  • 0.05 miles

  • Public District Grades KG-5

school-card-donut-272635
3
/10

  • P.S. 6 West Farms

  • 1000 E Tremont Ave

  • 0.20 miles

  • Public District Grades KG-6

school-card-donut-272636
2
/10

  • The School of Science and Applied Learning

  • 2050 Prospect Ave

  • 0.24 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $70,660. The majority of Bronx, NY residents have income between $35k-100k annually. Typical family type is single, with kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›New York›Bronx County›Bronx›10460›887 E 178th St

This home is located at 887 E 178th St in Bronx, NY and zip code 10460 in the Southwest Bronx neighborhood. This 11,517 square foot home, which was built in 1910, sits on a 0.06 acre lot. Features: 34 bedrooms, 12 bathrooms. It has been listed on Rocket Homes since March 25, 2024 and is currently priced at $1,800,000.

While more than 38 listings in Bronx, NY in October 2024 were sold above asking price, there were more than 46 listings sold at asking price, and more than 61 were sold below. The inventory of homes for sale in Bronx, NY between September 2024 and October 2024 increased by 2.8%. While the average time on the market in October 2024 was 64 days, the median list price was $589,852.

From Rocket Homes Real Estate and based on county public records data.

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