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Listed price in listed location currency (USD).
$1,175,000

850

MLS® 1021165

Overview

Key Facts

Type Triplex
Levels Residential Income
Size -
Garage 
Taxes $69
Days Active 0
Lot Size 1687 SF
Approx. Age 2006
MLS® Number 1021165

Property Address: 453 E 181 Street, New York, NY, 10457

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number1021165
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age2006
BasementFinished
DrivewayNone
Garage Spaces
HeatBaseboard
A/CWall/Window Unit(s)

Extras

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