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$1,175,000
Property Description
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.
Full Property Details
Full Property Details for 453 E 181st St
General
- Price: $1,175,000
- Taxes: $69
- Status: Active
- Type: Multi-Family
- Source: Long_Island
- MLS ID: 1021165
- Updated: 7/3/2026
- Added to Site: 8 day(s) ago
Interior
- Interior Features: High Ceilings, Open Floorplan, Primary Bathroom
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 5
Bedrooms
- Total Bedrooms: 8
Exterior
- Exterior Features: Balcony
Parking
- Parking Features: None
Location
- County: Bronx County
School Information
- High School District: Bronx 10
- Elementary School: Ps 23 New Children's School
- Middle School: Jhs 118 William W Niles
- High School: High School For Energy And Technology
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Baseboard
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: See Remarks
Structural Information
- Detached/Attached: Attached
- Construction: Brick
- Basement: Yes
- Basement Desc.: Finished
- Building Size: 3037
- Square Feet: 3,037
- Year Built: 2006
Lot Features
- Property View: None
- Lot Size (Sq. Ft.): 1,687
- Lot Dimensions: 22.5 x 75
- Lot Features: Back Yard
Financial Considerations
- Tax Amount: $69
- Tenant Pays: Electricity, Gas, Heat
Disclosures and Reports
- Special Conditions: None
- Block: 3037
- Lot Number: 110
Listed by Locqube New York, Inc.
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Schools
Schools serving 453 E 181st St
School District:New York City Geographic School District 10
| Name | Grades | Distance |
|---|---|---|
Ps 23 The New Children S School 2151 Washington Ave, The Bronx, NY 10457 | PK-5 | 0.1 mi |
Jhs 118 William W Niles 577 E 179th St, The Bronx, NY 10457 | 6-8 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 453 E 181st St
Date
Details
Price
Change
Source
7/03/2026
Listed
$1,175,000
56.67%
MLS
9/13/2018
Sold
$750,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 453 E 181st St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$68
—
$66,720
65%
2025
$68
—
$40,522
1%
2024
$68
—
$40,216
-31%
2023
$68
-1%
$58,140
19%
2022
$69
-4%
$48,840
3%
2021
$72
—
$47,580
9%
2020
$72
1%
$43,620
12%
2019
$71
3%
$39,060
24%
2017
$69
—
$31,617
6%
2017
$69
1%
$29,828
6%
2016
$68
3%
$28,140
-1%
2015
$66
2%
$28,560
2%
2014
$65
5%
$28,080
-15%
2013
$62
—
$33,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 453 E 181st St
453 E 181 Street, Bronx, NY 10457 (MLS# 1021165) is a Multi-Family property with 3 units containing 8 bedrooms and 5 full bathrooms. 453 E 181 Street is currently listed for $1,175,000 and was received on July 03, 2026. Want to learn more about 453 E 181 Street? Do you have questions about finding other Multi-Family real estate for sale in Bronx? You can browse all Bronx real estate or contact a Coldwell Banker agent to request more information.
