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453 E 181 Street, Bronx, NY, 10457

8beds
5baths
3,037sqft
$1,175,000
$387price/sqft
$7,742/moest. monthly cost
$309,680/yrincome needed

About This Home

Excellent opportunity to acquire a well-maintained, income-producing three-family property in one of the Bronx's most transit-accessible neighborhoods. Located at 453 East 181st Street, this investment combines low operating costs, efficient building systems, and strong rental demand, making it an attractive addition to any real estate portfolio. Designed for long-term ownership, the property features four separate gas meters and four separate electric meters, allowing for tenant-paid utilities and reduced landlord expenses. Coupled with tax abatement through 2032, investors benefit from favorable operating costs and improved cash flow. The building also includes a full finished basement, offering valuable additional interior space, along with month-to-month residential tenancies, providing immediate income and future flexibility. Just one minute from the 182nd–183rd Streets B & D Express subway station, the property offers outstanding access to Manhattan and the rest of New York City, making it highly desirable to tenants. Residents also enjoy convenient access to shopping, schools, restaurants, parks, and major thoroughfares. This property offers a compelling combination of stable income, efficient operations, and long-term upside.

Getting Around

91
WalkingWalker's Paradise
0
TransitVery Limited Transit
77
BikeVery Bikeable

Schools

5/10
Ps 58Grades PK-50.0 mi
6/10

Construction

Condition

  • Property condition: Actual,New Construction
  • New construction: Yes
  • Year built: 2006

Materials

  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Property subType: Triplex,Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Finished

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 5
  • Full bathrooms: 5

Features

  • High Ceilings,Open Floorplan,Primary Bathroom
  • Attic: None

Heating & Cooling

  • Heating features: Baseboard
  • Cooling features: Wall/Window Unit(s)

Interior Area

  • Total structure area: 3,037
  • Total interior livable area: 3,037 sqft

Property

Details

  • Parcel number: 030370110
  • Attached to another structure: Yes
  • Special condition: None

Features

  • Exterior features: Balcony
  • Has view: Yes
  • View description: None

Lot

  • Lot size: 1,687 sqft
  • Features: Back Yard
  • Lot size dimensions: 22.5 x 75

Parking

  • Parking features: None

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
    Heat WaveRelatively High
  • Cold Wave
    Cold WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Cold Wave
Inland Flooding
Strong Wind
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 $5,941$71,292
Home Insurance *$537$6,444
Property Taxes $763$9,156
Electricity $501$6,022
Total$7,742$92,904
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$265,440/yr
40% on housing$232,260/yr
45% on housing$206,453/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

$387This 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
2026-07-03Listed for sale$1,175,000
2018-09-13Sold$750,000
2018-05-31Listing removed$750,000
2018-03-23Listed for sale$750,000
2009-05-05Sold$602,500

New Construction

AgentEsperanza Estrella
BrokerageLocqube New York, Inc.

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