536 Throgs Neck Expressway, Bronx, NY 10465
Local realty services provided by:CENTURY 21 Hudson Valley Realty
536 Throgs Neck Expressway,Bronx, NY 10465
$1,250,000
- 5 Beds
- 6 Baths
- 3,100 sq. ft.
- Multi-family
- Active
Upcoming open houses
- Tue, Jan 2703:00 pm - 05:00 pm
- Wed, Jan 2803:00 pm - 05:30 pm
- Sat, Jan 3111:00 am - 01:00 pm
Listed by: frank colon jr, cesarina benitez
Office: f colon inc
MLS#:952818
Source:OneKey MLS
Price summary
- Price:$1,250,000
- Price per sq. ft.:$403.23
About this home
**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.
Contact an agent
Home facts
- Year built:1960
- Listing ID #:952818
- Added:9 day(s) ago
- Updated:January 26, 2026 at 05:37 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:6
- Full bathrooms:6
- Living area:3,100 sq. ft.
Heating and cooling
- Heating:Electric
Structure and exterior
- Year built:1960
- Building area:3,100 sq. ft.
- Lot area:0.06 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,250,000
- Price per sq. ft.:$403.23
- Tax amount:$8,112 (2025)
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