453 E 181st St
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$1,175,000

453 E 181st St

Bronx, NY 10457

8 bd5 ba1,687 sq ft lot
AI Summary

This 8-bedroom multi-family property is located in Bronx, NY. It was built in 2006 and is currently active.

About this home

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.

Facts & details

Property type
Multi-Family
Year built
2006
Status
Active
Bedrooms
8
Bathrooms
5
Lot size
1,687 sq ft

Location

Listing data source
Realtor.com (via RealtyAPI) listing dataView original listing
EE

Esperanza Estrella

Brokerage on file

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Estimated affordability

$7,459/month estimated
Principal & interest
$5,941
Property tax
$1,175
Homeowners insurance
$343.00
Total monthly estimate
$7,459

Estimate only — not a loan offer. Actual payment depends on your credit, lender, and local tax rates.