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611 E 179th St
Bronx, NY 10457 East Tremont

$2,150,000 USD

Apartments For Sale  •  9,080 SF

Property Details

  • Property Type Apartments
  • Total Building Size 9,080 SF
  • Lot Size 0.06 AC
  • Building Class C
  • Year Built 1910
  • Cap Rate 10.58 %
  • Zoning R7-1
98 Transit Score
93 Walk Score

Highlights

Calling All Investors, Developers & End-Users!!! 10.58 Cap 100% Occupied 9 Unit Building On A Huge Lot For Sale!!!
The Building Features Great Exposure, Excellent Signage, 6 Parking Spaces, High Ceilings, 4 Stories, Separate Free Standing 2 Br. House, +++
The Building Also Features Security Cameras & System, New Roof, New Electric Service & Meters, New 2,000 Gallon Oil Tank, Skylight, CAC, +++!!!
The Property Is Located In The Heart The Bronx Minutes From I-95!!!
Neighbors Include The Bronx Zoo, Chase Bank, Acura, Dunkin, 7-Eleven, Extra Space Storage, BP Gas, Sunoco, Shell, McDonald’s, Blink Fitness, +++!!!
This Would Be A Nice Addition To Your Investment Portfolio!!!

Financial Summary (Actual)

Net Operating Income: $227,463 USD (2025)
Cap Rate: 10.58 %
Total Expenses: $34,305 USD

Amenities

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Heating
  • Security System
  • Kitchen
  • Refrigerator
  • Range

Public Transportation

Commuter RailDriveWalkDistance
Tremont Station (Harlem Line - Metro-North Commuter Railroad Company (Metro-North)) 2 min 10 min 0.5 mi
Fordham Station (Harlem Line - Metro-North Commuter Railroad Company (Metro-North), New Haven Line - Metro-North Commuter Railroad Company (Metro-North)) 3 min 19 min 1.0 mi
Transit/SubwayDriveWalkDistance
Tremont Station (Harlem Line - Metro-North Commuter Railroad Company (Metro-North)) 2 min 10 min 0.5 mi
West Farms Square-East Tremont Avenue (2 - New York MTA Subway (The Subway), 5 - New York MTA Subway (The Subway)) 3 min 17 min 0.9 mi
174 Street (2 - New York MTA Subway (The Subway), 5 - New York MTA Subway (The Subway)) 4 min 18 min 0.9 mi
Tremont Avenue (B - New York MTA Subway (The Subway), D - New York MTA Subway (The Subway)) 3 min 18 min 1.0 mi
182-183 Streets (B - New York MTA Subway (The Subway), D - New York MTA Subway (The Subway)) 4 min 19 min 1.0 mi
AirportDriveWalkDistance
LaGuardia 21 min - 10.0 mi
John F Kennedy International 28 min - 19.1 mi
Westchester County 39 min - 23.4 mi
Matthew Shane 516-279-8828 All Island Commercial
Matthew Shane 516-279-8828 All Island Commercial