446 E 149TH Street, Bronx, NY 10455
446 E 149TH Street, Bronx, NY 10455
446 E 149TH Street, Bronx, NY 10455
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Randy Reis

Randy Reis

+1(917) 435-4870
Listing Courtesy of Douglas Elliman Real Estate
$3,750,000
Est. payment /mo
20 Beds
10 Baths
12,539 SqFt
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UPDATED:

Key Details

Property Type Single Family, Mixed Use

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 12,539 sqft

Price per Sqft $299

Subdivision Mott Haven

MLS Listing ID RLS20089331

Bedrooms 20

Full Baths 10

HOA Y/N No

Year Built 2008

Annual Tax Amount $68,400

Property Sub-Type Mixed Use

Property Description

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. 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. 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. 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. 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. 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. Located within an Opportunity Zone, this is a well-maintained, income-producing property with lease-up potential and strong long-term fundamentals.

Location

State NY

County Bronx

Rooms

Basement Other

Interior

Interior Features Smoke Free

Cooling Other

Fireplace No

Laundry Building Other

Exterior

View Y/N No

View Other

Porch None

Private Pool No

Building

Dwelling Type Mixed Use

Story 6

New Construction No

Others

Pets Allowed Pets Allowed

Tax ID 02293-0052

Ownership None

Monthly Total Fees $5, 700

Special Listing Condition Standard

Pets Allowed Building Yes, No

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REBNY IDX
RLS Data display by eXp Realty

NEARBY SCHOOL & BUSINESS

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Randy Reis

Randy Reis

+1(917) 435-4870

Team Leader | License ID: 40RE1176716

Team Leader License ID: 40RE1176716

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