




1814 Crotona Ave Unit 1, Bronx, NY, 10457
About This Home
701 E 175th Street – Prime Corner Mixed-Use Investment in Crotona Park East 701 E 175th Street is a six-story, mixed-use multifamily building prominently situated on a prime corner lot in the heart of the Crotona Park East neighborhood of the Bronx. Built in 1931, this pre-war walk-up property blends timeless architectural character with strong investment fundamentals, featuring 20 residential units and 4 fully leased ground-floor retail spaces. Encompassing approximately 15,070 square feet of gross living area on a 3,510-square-foot lot, the property lies within an R7-1 zoning district, offering both reliable in-place income and attractive long-term redevelopment potential. All four commercial units are fully occupied, collectively generating $16,500 per month in rent, creating a stable and diversified income stream that complements the residential component. Perfectly positioned near Crotona Park, major subway lines, schools, and bustling neighborhood retail, 701 E 175th Street provides exceptional access and convenience for tenants—an increasingly desirable feature in one of the Bronx’s most active and resilient submarkets. This asset presents investors with consistent cash flow, strong in-place tenancy, and meaningful value-add potential through strategic renovations, rent optimization, or future redevelopment—making it an outstanding opportunity to own a high-performing corner property in a thriving Bronx neighborhood. Presented by Jason Berisha & Berisha Team
Getting Around
Schools
Construction
Condition
- Year built: 1931
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Bedrooms & Bathrooms
- Bedrooms: 20
- Bathrooms: 20
- Full bathrooms: 20
Features
- Flooring: Hardwood
Interior Area
- Total structure area: 15,070
- Total interior livable area: 15,070 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
- Cold Wave
- Heat Wave
- 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 | $30,339 | $364,068 |
| Home Insurance * | $2,743 | $32,916 |
| Property Taxes | $3,900 | $46,800 |
| Electricity | $2,490 | $29,885 |
| Total | $39,472 | $473,664 |
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 |
|---|---|---|
| 2025-11-07 | Listed for sale | $6,000,000 |
