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$1,350,000

  • Sold
  • Closed
  • Multi-Family
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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.

Full Property Details for 583 & 585 E 178th St

General

  • Sold For: $1,350,000
  • Taxes: $3,360
  • Status: Closed
  • Type: Multi-Family
  • Source: Long_Island
  • MLS ID: 850370
  • Added to Site: 275 day(s) ago

Interior

  • Interior Features: Entrance Foyer, Primary Bathroom, Open Kitchen, Stone Counters, Walk Through Kitchen
  • Flooring: Hardwood, Tile

Exterior

  • Exterior Features: Balcony, Mailbox

Location

  • County: Bronx County
  • Cross Streets: Lafontaine Ave

School Information

  • High School District: Bronx 9
  • Elementary School: Mount Eden Children'S Academy
  • Middle School: Science And Technology Academy: A Mott Hall School
  • High School: Eagle Academy For Young Men

Heating & Cooling

  • Cooling Type: Multi Units
  • Heating Type: Hot Water
  • Heating Zones: 6

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, See Remarks, Sewer Connected, Trash Collection Public, Water Connected

Structural Information

  • Detached/Attached: Attached
  • Construction: Brick
  • Basement: Yes
  • Basement Desc.: Partially Finished
  • Building Size: 5200
  • Square Feet: 5,200
  • Year Built: 2011

Lot Features

  • Lot Size (Sq. Ft.): 2,686
  • Lot Dimensions: 53.56 x 50, 15
  • Frontage: Municipal
  • Road Maintenance: Public Maintained Road
  • Lot Features: Near Public Transit, Near School, Near Shops, Paved, See Remarks

Financial Considerations

  • Tax Amount: $3,360
  • Tenant Pays: All Utilities

Disclosures and Reports

  • Special Conditions: None
  • Block: 3068
  • Lot Number: 0142/43

Listed and Sold by NY Space Finders Inc

Listing agents

— 583 & 585 E 178th St —

  • NY Space Finders Inc

  • NY Space Finders Inc

718-440-8162

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 583 & 585 E 178th St

School District:New York City Geographic School District 12
NameGradesDistance
Ps 92
700 East 179th Street, Bronx, NY 10457
K-50.2 mi
Ps 214
1970 W Farms Rd, The Bronx, NY 10460
6-80.9 mi
MS 129 Academy for Independent Learning and Leadership
2055 Mapes Ave, The Bronx, NY 10460
6-80.4 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 583 & 585 E 178th St

Date
Details
Price
Change
Source
10/29/2025
Sold
$1,350,000
-12.9%
MLS
6/02/2025
Price Reduced
$1,550,000
-1.59%
MLS
4/17/2025
Listed
$1,575,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed and Sold by NY Space Finders Inc

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583 & 585 E 178th Street, Bronx, NY 10457 (MLS# 850370) is a Multi-Family property that was sold at $1,350,000 on October 29, 2025. Want to learn more about 583 & 585 E 178th Street? Do you have questions about finding other Multi-Family real estate for sale in Bronx? You can browse all Bronx real estate or contact a Coldwell Banker agent to request more information.