940 E 181st St, Bronx, NY, 10460
About This Home
940 East 181st Street, a 3,087 sq. ft. three-family building on an irregular 40.27′ x 103′ lot (3,338 sq. ft.) in West Farms, the Bronx. The building includes a ground-floor studio, a three-bedroom/one-bath on the first floor, and a five-bedroom/two bath duplex. The property will be delivered fully vacant at closing. Zoned R7-1, the site permits up to 11,482 buildable sq. ft. as-of-right or 16,723 buildable sq. ft. with UAP, presenting a compelling opportunity to redevelop ground-up or alter the existing building. Located 0.4 miles from the West Farms Square-East Tremont Ave station (2/5 trains), the property also benefits from Bx9, Bx21, and Bx36 bus service. Bronx Park - home to the Bronx Zoo and New York Botanical Garden - anchors the neighborhood to the north, complemented by the East Tremont Avenue retail corridor, Fordham University, area schools, and Bronx healthcare facilities. Recently permitted mixed-use development throughout West Farms reflects growing investor confidence in the submarket.
Getting Around
Very Walkable
Very Limited Transit
BikeableSchools
Construction
Materials
- Construction materials: Brick Siding
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Bedrooms & Bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Features
- Finished area above ground: 0
Heating
- Heating features: Has Heating (Unspecified Type)
Interior Area
- Total structure area: 0
Property
Details
- Parcel number: 031280020
- Lease amount: 0
Features
- Stories: 4
- Frontage length: 0
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
- Cold Wave
- Heat Wave
- Inland Flooding
- 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 | $5,815 | $69,780 |
| Home Insurance * | $433 | $5,196 |
| Property Taxes | $747 | $8,964 |
| Electricity | $246 | $2,954 |
| Total | $7,241 | $86,892 |
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 |
|---|---|---|
| 2026-07-28 | Price change | $1,150,000 |
| 2026-06-01 | Listed for sale | $1,250,000 |
| 2017-03-30 | Sold | $550,000 |
| 1999-04-14 | Sold | $313,500 |
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