$1,550,000

583 E 178th St Bronx, NY 10457

$10,000
Closing credit¹
0 beds
Multi-Family

Property details

About 583 E 178th St

Package Deal! Prime Multi-Family Investment in Tremont, Bronx Property Addresses: 583 E 178th Street & 585 E 178th Street, Bronx, NY Available Individually or as a Package Deal An incredible opportunity to own two modern, income-generating multi-family buildings in the heart of the Tremont section of the Bronx. Built in 2011, both properties are in excellent condition and require no renovations—just collect the rent! Property Features: -Three spacious 2-bedroom, 1-bathroom apartments. -Units feature high ceilings and a well-maintained interior. -Individually metered boilers and water heaters for each unit. -Two additional storage rooms currently rented. -Fully equipped with sprinkler systems. -No HPD or DOB violations – all documents up to date. -R7-1 zoning. -Tax abatement through 2036 – offering rent-stabilized income with reduced expenses. Location Highlights: -Situated in a quiet, established neighborhood. -Convenient access to public transportation, shopping, schools, and more. -A strong rental market and high demand in the area. This is a turnkey investment ideal for investors seeking stable, long-term returns with minimal maintenance. Don’t miss the chance to own in one of the Bronx’s most promising neighborhoods. Featured commercial Sales.

Highlights

Home typeTriplex
HeatingHot Water
StatusActive
CoolingMulti Unit(s)
BasementYes
Year built2011
MLS #850370

Summary

  • Basement: Yes
  • Flooring Type: Hardwood, Tile
  • Interior: Entrance Foyer, Primary Bathroom, Open Kitchen, Stone Counters, Walk Through Kitchen
  • Private Pool: No
  • Exterior: Balcony
  • Heating: Hot Water
  • Cooling: Multi Unit(s)
  • List Price: $1,550,000
  • Annual Tax Amount: $1,679
  • Tax Year: 2024
  • Lot: Near Public Transit, Paved, See Remarks
  • Year Built: 2011
  • MLS Number: 850370
  • MLS Name: ONEKEY2
  • Office Name: NY Space Finders Inc
  • Office Phone: (718) 440-8162

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. Properties displayed may be listed or sold by various participants in the MLS.

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 2025, 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: 6/4/2025, 12:41:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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583 E 178th St, Bronx, NY 10457 - view of building exterior

$1,550,000

583 E 178th St

$10,000

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Jul 24, 2020
Home Sold
$700,000
Apr 30, 2018
Home Sold
$655,000
Aug 24, 2011
Home Sold
$465,000

Tax history

YearAssessmentProperty Tax
2024$33,956$1,679
2023$52,440$1,679
2021$48,120$1,759
2020$43,680$1,770
2018$26,696$1,704
2017$25,185$1,671

History based on county public records data.

Nearby schools

8

Bronx Charter School for Excellence 5

Public Charter KG-2

0.2 mi

1946 Bathgate Ave

3

PS 595

Public District PK-4

0.2 mi

700 E 179th St

5

P.S. 57 Crescent

Public District PK-5

0.3 mi

2111 Crotona Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $30,000. The most common annual income of people living in Bronx, NY is less than $<35k. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

56%
<35k
36%
35k-100k
7%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

47%
Single, No Kids
37%
Single, with Kids
6%
Married, No Kids
10%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

21%
<11 yrs old
11%
12-17 yrs old
27%
18-34 yrs old
34%
35-64 yrs old
7%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • Foot LockerFoot Locker
  • H&MH&M
  • Ross Dress For LessRoss Dress For Less

Where do the neighbors go to eat?

  • Little CaesarsLittle Caesars
  • Boston MarketBoston Market
  • Jack In The BoxJack In The Box

What do the neighbors drive?

  • DodgeDodge
  • HondaHonda
  • NissanNissan

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 583 E 178th St in Bronx, NY and zip code 10457 in the Southwest Bronx neighborhood. Features: 0 bedroom, 0 bathroom. It has been listed on Rocket Homes since April 17, 2025 and is currently priced at $1,550,000.

In May 2025 more than 28 listings in Bronx, NY were sold above the asking price. During the same period more than 49 listings were sold at asking price, while more than 68 were sold below. The number of homes for sale in Bronx, NY increased by 4.1% between April and May 2025. While the average time on the market in May 2025 was 78 days, the median list price was $607,895.

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

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