536 Throgs Neck Expressway Bronx, NY 10465
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Coming Soon
Purchase Type For Sale
MLS Listing ID 952818
Bedrooms 5
Full Baths 6
Rental Info No
Year Built 1960
Annual Tax Amount $8,112
Property Sub-Type Triplex
Source onekey2
Property Description
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.
Location
State NY
County Bronx County
Rooms
Basement Finished, Full
Interior
Interior Features First Floor Bedroom, First Floor Full Bath, High Ceilings
Heating Electric
Cooling Electric
Flooring Hardwood
Fireplace No
Exterior
Exterior Feature Gas Grill
Parking Features Driveway, Garage
Garage Spaces 1.0
Fence Back Yard, Brick, Fenced
Utilities Available Electricity Connected
View None
Total Parking Spaces 2
Garage true
Building
Lot Description Back Yard, City Lot, Near Golf Course, Near Public Transit, Near School, Near Shops, Rolling Slope
Sewer Public Sewer
Water Public
Structure Type Brick
Others
Senior Community No
Special Listing Condition None
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