Multi Family 2-4 in Bronx County
| MLS Number | 952818 |
|---|---|
| Address | 536 Throgs Neck Expressway, Bronx, NY 10465 show map |
| Price | $1,250,000 show mortgage calculator |
| Acres | 0.057093663911846 |
| Year Built | 1960 |
| Est. Sq. Footage | 0 |
| Elementary School | |
| Jr High-Middle School | |
| High School | |
| Estimated Taxes | $8,112 |
| Total Apt Units | 4 |
| Total Bedrooms | 5 |
| # 1 Brs | 1 |
| # 2 Brs | 2 |
**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.
Garage, Patio, Walk Metro-North RR
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