536 Throggs Neck Expressway, Bronx, NY, 10465
5 beds
4 Full / 2 Half baths
1960
Multi Family
2,560 sqft
ATTENTION INVESTORS: Welcome to 536 Throggs Neck Expressway, an exceptional investment opportunity in the Bronx. Built-in 1960, this legal two-family property is currently configured as four units: a 2bd/1.5bath unit, over a 2bd/1.5bath unit, over a 1bd/1bath unit, and a studio with 1 bathroom. The potential rental income for the two-bedroom units is $2,700 each, while the one-bedroom unit can yield $2,000 and the studio $1,500. The landlord is responsible only for taxes and insurance, as there are four electric meters that power heat, stoves, and separate hot water heaters, keeping expenses low. Additionally, the 1-bedroom and studio units will be delivered vacant, offering flexibility for new owners to occupy, rent out, or renovate to their preference. This property also boasts additional desirable features, including a two-year-old roof, a one-car garage, and parking in the driveway, enhancing its appeal and investment potential. Pro-forma cap rate is 6.4%.
Status:
Active
Type:
Multi-family
Units:
4
Garage:
1-car Attached, 1 Car Attached, Driveway, On Street
Heating:
Electric, Baseboard
Cooling:
Window Unit(s)
Acreage:
0.06
Est. Taxes:
$7,500
Assessment
$745,000
Elementary School:
Call Listing Agent
Middle School:
Call Listing Agent
High School:
Call Listing Agent
School District:
New York
MLS #:
H6290912
Community Info
School Info
Walk Score
Mass Transit
Yelp
Similar Properties
New or Coming Soon Properties
Listing courtesy of Joyce Realty Corp (845) 735-7100