940 E 181st St Bronx, NY 10460
West Farms NeighborhoodEstimated payment $6,937/month
About This Home
940 East 181st Street, a 3,087 sq. ft. three-family building on an irregular 40.27′ x 103′ lot (3,338 sq. ft.) in West Farms, the Bronx. The building includes a ground-floor studio, a three-bedroom/one-bath on the first floor, and a five-bedroom/two bath duplex. The property will be delivered fully vacant at closing. Zoned R7-1, the site permits up to 11,482 buildable sq. ft. as-of-right or 16,723 buildable sq. ft. with UAP, presenting a compelling opportunity to redevelop ground-up or alter the existing building. Located 0.4 miles from the West Farms Square-East Tremont Ave station (2/5 trains), the property also benefits from Bx9, Bx21, and Bx36 bus service. Bronx Park - home to the Bronx Zoo and New York Botanical Garden - anchors the neighborhood to the north, complemented by the East Tremont Avenue retail corridor, Fordham University, area schools, and Bronx healthcare facilities. Recently permitted mixed-use development throughout West Farms reflects growing investor confidence in the submarket.
Property Details
Home Type
- Multi-Family
Home Design
- Brick Exterior Construction
Interior Spaces
- 4-Story Property
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Full Bathrooms
Community Details
- West Farms Community
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $7,531 | $39,746 | $8,677 | $31,069 |
| 2025 | $7,445 | $37,498 | $8,633 | $28,865 |
| 2024 | $7,445 | $37,066 | $8,533 | $28,533 |
| 2023 | $4,604 | $37,066 | $8,294 | $28,772 |
| 2022 | $4,085 | $52,200 | $13,440 | $38,760 |
| 2021 | $6,971 | $47,520 | $13,440 | $34,080 |
| 2020 | $6,614 | $45,120 | $13,440 | $31,680 |
| 2019 | $6,462 | $37,560 | $13,440 | $24,120 |
| 2018 | $6,297 | $30,888 | $12,355 | $18,533 |
| 2017 | $4,952 | $29,258 | $11,289 | $17,969 |
| 2016 | $4,179 | $27,602 | $9,633 | $17,969 |
| 2015 | $1,702 | $26,040 | $8,071 | $17,969 |
| 2014 | $1,702 | $25,740 | $7,771 | $17,969 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/28/2026 07/28/26 | Price Changed | $1,150,000 | -8.0% | -- |
| 06/01/2026 06/01/26 | For Sale | $1,250,000 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $550,000 | -- | |
| Interfamily Deed Transfer | -- | First American Title Ins Co |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $34,286 | Unknown | |
| Open | $540,038 | FHA |
Source: NY State MLS
MLS Number: 11798820
APN: 03128-0020
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