Approximately 8.5% CAP rate - $8350/month rental income with all great paying tenants(projected rental $10k/month). Buy, hold, collect rent and waiting for appreciation!
Solid brick 3-story multi-family building with C2-1 and R3A zoning on a bustling commercial street in the desirable Throgs Neck neighborhood of the Bronx, this property offers excellent exposure, convenience and a fantastic opportunity to capitalize on the thriving Throggs Neck market. .
Spacious units with 3-bedroom over 3-bedroom over bonus 2 room unit, high rental income with strong cash flow, garage parking plus lot parking spaces, 4 electricity meters and 2 gas meters, gas heat plus split units A/C system, one unit features a balcony overlooking the backyard—a rare perk for outdoor relaxation and tenant appeal.
Money-printing machine with endless upward potential, ideal for investors or live-in owners looking to maximize returns, excellent investment opportunity for stable cash flow and long-term growth, schedule a viewing today to explore its full potential.
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Listing Snapshot
Price
$1,099,000
Days On Site
101 Days
Bedrooms
7
Inside Area (SqFt)
2,764 sqft
Total Baths
3
Full Baths
3
Partial Baths
N/A
Lot Size
0.0452 Acres
Year Built
1974
MLS® Number
860600
Status
Active
Property Tax
$8,485.92
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
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Recent Activity
3 months ago
Listing first seen on site
3 months ago
Listing updated with changes from the MLS®
General Features
Acres
0.0452
Garage
Yes
Garage Spaces
1
Parking Spaces
2
Property Sub Type
Duplex
Sewer
Public Sewer
SqFt Total
2764
Utilities
Natural Gas AvailableCable ConnectedElectricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected
Water Source
Public
Interior Features
Basement
FinishedFullWalk-Out Access
Cooling
Wall/Window Unit(s)
Flooring
TileWood
Heating
Baseboard
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Exterior Features
Construction Details
Brick
Listing courtesy of B Square Realty youragentnyc@gmail.com
Based on information submitted to the MLS GRID as of 2025-08-21 03:17 PM EDT.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied
Open House Information is subject to change without notice. All information should be independently reviewed
and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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