230 E 173rd St APT 1, Bronx, NY, 10457
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.
Getting Around
Very Walkable
Very Limited Transit
Very BikeableSchools
Construction
Condition
- Year built: 1917
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Bedrooms & Bathrooms
- Bedrooms: 27
- Bathrooms: 27
- Full bathrooms: 27
Interior Area
- Total structure area: 17,900
- Total interior livable area: 17,900 sqft
Property
Details
- Special condition: Resale
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Heat Wave
- Cold Wave
- Strong Wind
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Bronx County and New York
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $19,214 | $230,568 |
| Home Insurance * | $1,737 | $20,844 |
| Property Taxes | $2,470 | $29,640 |
| Electricity | $2,958 | $35,497 |
| Total | $26,379 | $316,548 |
Income You'd Need if You Spent...
New York FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-01-04 | Price change | $3,800,000 |
| 2025-12-18 | Price change | $4,000,000 |
| 2025-12-12 | Price change | $4,300,000 |
| 2025-12-09 | Listed for sale | $5,100,000 |
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