About This Home

230 East 173rd Street is a well-maintained, prewar multi-family building located in the heart of Mount Eden, Bronx. Built in 1917 and spanning approximately 17,900 square feet, this brick walk-up consists of 27 rent-stabilized residential units, offering investors a stable, long-term income stream. The property sits on a 4,378 square foot lot and is zoned R8, providing strong development potential in addition to its existing income-producing use. Current occupancy is high, with most units leased, making it a secure cash-flowing asset in a rapidly evolving neighborhood. Mount Eden is experiencing consistent growth, with access to nearby retail, schools, and public transit. Just steps from the 174th Street subway station, the property offers excellent connectivity to Manhattan and the surrounding boroughs. This is an exceptional opportunity for investors seeking a prime Bronx multi-family asset with both stable in-place income and future upside through repositioning or redevelopment.