MelissaAltschuler
BEDS8
BATHS5 full
MLS#1021165
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLBronx 10
Property Description
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.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Finished
Cooling: Wall/Window Unit(s)
Heating: Baseboard
Lot Size: 0.04 Acres
Taxes: $69
Year Built: 2006
Amenities
High Ceilings
Open Floorplan
Primary Bathroom
Balcony
Feature Descriptions
Building Area Total: 3037
Days on Site: 1
Exterior: Brick
Fuel Expense: 250
Lot Dimensions: 22.5 x 75
Lot Features: Back Yard
On Market Date: 2026-07-03
Parking Features: None
Property Attached Y/N: 1
Rental Term: Monthly
Separate Electric Meters: 4
Separate Gas Meters: 4
Sewer: Public Sewer
Special View Info: None
Tenant Pays: Electricity, Gas, Heat
Units: 3
Utilities: See Remarks
Water: Public
Local Schools
High School: High School For Energy And Technology
Middle School: Jhs 118 William W Niles
Elementary School: Ps 23 New Children's School
School District: Bronx 10
Estimate Your Payment
Estimated Payment
$ 6,289.90 per month $5,941.44 Principal & Interest $5.75 Property Tax $342.71 Homeowner's InsuranceChange Payment Information
Listed By / Shown By
Listing By
Agency Name: Locqube New York, Inc.
Agency Phone: 347-657-1114
Shown By
Agent Name: Melissa Altschuler
Agent Phone: (631) 220-1515
Agency Title: Coldwell Banker American Homes
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453 E 181 Street | MLS# 1021165
This multi-family property located at 453 E 181 Street , Bronx, NY 10457 is currently listed for sale with an asking price of $1,175,000. E 181 Street is located within the Bronx 10 school district. Search Bronx real estate on melissaaltschuler.cbamhomes.com today.