446 E 149th Street, Bronx, NY 10455
Local realty services provided by:CENTURY 21 Awaye Realty
446 E 149th Street,Bronx, NY 10455
$3,750,000
- 20 Beds
- 10 Baths
- 12,539 sq. ft.
- Multi-family
- Active
Listed by: frances w katzen
Office: douglas elliman real estate
MLS#:RLS20089331
Source:NY_REBNY
Price summary
- Price:$3,750,000
- Price per sq. ft.:$299.07
About this home
<p>446 East 149th Street (10 2 bedroom, 1 bath units and 1 commercial space with a long-term lease) presents a compelling opportunity to acquire a modern mixed-use asset in a vibrant, transit-rich section of the Bronx, offering both in-place income and meaningful upside.</p> <p> Built in 2010, this six-story elevator building spans 12,539 SF and includes 10 residential units and a ground-floor commercial space. Currently, 8 units are leased, providing stable cash flow, with additional upside through leasing the two vacant apartments. Each apartment is configured as a 4-room, 2-bedroom, 1-bath unit.</p> <p> The commercial space generates over $11,000/month and features basement storage and four walk-in refrigerators. The tenant also contributes 25% of the property's real estate taxes, helping to offset operating costs.</p> <p> The 421a tax abatement expired in January 2026. As residential leases turn over, units can be repositioned to market rents, creating a clear path for income growth and long-term appreciation.</p> <p> Apartments offer private balconies, hardwood floors, air conditioning, and wheelchair accessibility. The building is equipped with an elevator, on-site laundry, and basement storage. Individually metered utilities, where tenants pay for gas cooking and electric hot water, help maintain efficient operations.</p> <p> Additional income potential exists through four storage units (approximately 8'x10'), currently owner-occupied, which could generate an estimated $2,400-$2,800 per month.</p> <p> Located within an Opportunity Zone, this is a well-maintained, income-producing property with lease-up potential and strong long-term fundamentals.</p>...
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Home facts
- Year built:2008
- Listing ID #:RLS20089331
- Added:15 day(s) ago
- Updated:May 22, 2026 at 12:04 PM
Rooms and interior
- Bedrooms:20
- Total bathrooms:10
- Full bathrooms:10
- Rooms Total:40
- Basement:Yes
- Living area:12,539 sq. ft.
Structure and exterior
- Year built:2008
- Building area:12,539 sq. ft.
Finances and disclosures
- Price:$3,750,000
- Price per sq. ft.:$299.07
- Tax amount:$68,400
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