536 Throgs Neck Expy

Bronx, NY 10465
  • $1,250,000

    Price
  • 5

    Bed
  • 6

    Bath
  • 0

    SqFt

Open House Times

  • Mon. Jan. 19 at 1:30pm to 3:45pm

About the Listing CFLUXE - 19692,34068

**Investor Alert! Rare 4-Unit Cash-Flow Opportunity with 2-Family Taxes** Turnkey semi-detached brick **4-unit** property with **4 separate electric meters**, offering strong in-place income and upside potential. Currently configured as: • 2BR / 1.5BA • 2BR / 1.5BA • 1BR / 1BA • Studio / 1BA All units feature **10-foot ceilings**, enhancing light, volume, and rental appeal. **Current rent roll: $7,500/month**, with immediate upside—vacant **1BR can be rented for approx. $1,700/month**, increasing NOI. As currently constituted, property delivers a **7.2% going-in cap rate**. Major investor advantage: **Own a 4-unit building while paying 2-family taxes**. Additional highlights include **1-car garage + driveway parking**, **outdoor jacuzzi**, and **electric heat**. Prime location near **Edgewater Park**, close to public and private schools, with excellent transportation—local and express bus service nearby and **highway access allowing approx. 5-minute drive to Queens, NY**. Ideal for investors seeking **strong cash flow, tax efficiency, and long-term appreciation** in a high-demand rental corridor. A rare find—don’t miss it.

Listing Highlights

Status Active
Days on Site 1
Property Type Multi-Family
MLS ® 952818
Year Built 1960
Total Square Footage 0
Lot/Acreage N/A
County Bronx County
School District Bronx 10

Interior Details

  • Bedrooms: 5
  • Bathrooms: 6 Full
  • Appliances:
  • Air Cond: Electric
  • Heating: Electric
  • Fireplaces:
  • Floor: Hardwood
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement: Finished,Full
  • Other: First Floor Bedroom,First Floor Full Bath,High Ceilings
  • Water: Public

Exterior Details

  • Lot Description: Back Yard,City Lot,Near Golf Course,Near Public Transit,Near School,Near Shops,Rolling Slope,No Waterfront
  • Garage Capacity: 1 car
  • Parking Spaces: 2
  • Roof:
  • Others: Gas Grill,Actual
  • Sewer: Public Sewer
  • Parking Features: Driveway,Garage

Financial Details

  • Tax Amount: $8,112
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: N/A

Payment Calculator

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  • in Taxes
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Questions About..

536 Throgs Neck Expy Bronx, NY 10465

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Originating MLS: onekey2

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