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Multi Family 2-4 in Bronx County
MLS Number1021165
Address453 E 181 Street, Bronx, NY 10457 show map
Price$1,175,000 show mortgage calculator
Acres0.038728191000918
Year Built2006
Est. Sq. Footage0
Elementary SchoolPs 23 New Children's School
Jr High-Middle SchoolJhs 118 William W Niles
High SchoolHigh School For Energy And Technology
Estimated Taxes$69
Total Apt Units3
Total Bedrooms8
# 2 Brs1
# 3 Brs2
Remarks

Excellent opportunity to acquire a well-maintained, income-producing three-family property in one of the Bronx's most transit-accessible neighborhoods. Located at 453 East 181st Street, this investment combines low operating costs, efficient building systems, and strong rental demand, making it an attractive addition to any real estate portfolio. Designed for long-term ownership, the property features four separate gas meters and four separate electric meters, allowing for tenant-paid utilities and reduced landlord expenses. Coupled with tax abatement through 2032, investors benefit from favorable operating costs and improved cash flow. The building also includes a full finished basement, offering valuable additional interior space, along with month-to-month residential tenancies, providing immediate income and future flexibility. Just one minute from the 182nd–183rd Streets B & D Express subway station, the property offers outstanding access to Manhattan and the rest of New York City, making it highly desirable to tenants. Residents also enjoy convenient access to shopping, schools, restaurants, parks, and major thoroughfares. This property offers a compelling combination of stable income, efficient operations, and long-term upside.

Amenities

Balcony/Terrace

This listing is Courtesy of Locqube New York, Inc. ().

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