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1814 Crotona Ave Unit 1, Bronx, NY, 10457

20beds
20baths
15,070sqft
$6,000,000
$398price/sqft
$39,472/moest. monthly cost
$1,578,880/yrincome needed

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

91
WalkingWalker's Paradise
0
TransitVery Limited Transit
60
BikeBikeable

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
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Heat Wave
Winter Weather
Tsunami

FEMA Declared Disasters in Bronx County and New York

Flood
Severe Storm
Snowstorm

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

MonthlyAnnual
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
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$1,353,325/yr
40% on housing$1,184,160/yr
45% on housing$1,052,586/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

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.

Insurance Growth Rate5-year average: 3.3%
3.3%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -0.5%
-0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$398This listing

vs Other Active Listings

Avg $/sqft

ZIP 10457$375
Bronx County$399

vs Homes Sold Last Month

Median $/sqft

ZIP 10457$397
Bronx County$409

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

DateEventPrice
2025-11-07Listed for sale$6,000,000

For Sale by Agent

AgentJason Berisha
BrokerageDiGiulio Management LLC

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