NY
Bronx
Bronx
10465
536 Throgs Neck Expressway
536 Throgs Neck Expressway, Bronx, NY 10465
Share Listing
Listing Type
Multi Family
Listing Status
Coming Soon
1
$1,250,000

Home Details for 536 Throgs Neck Expressway

Price
$1,250,000
Type
Residential Income
Bedrooms
5
Bathrooms
6.0
Square feet
NaN
Year built
1960
County
Bronx
Garage
1
Basement
Finished, Full
Days on site
0
MLS Listing#
952818
Property Description

**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.

Property Features
  • Parking
    • Driveway
    • Garage
  • Basement
    • Finished
    • Full
  • Cooling Information
    • Electric
  • Heating Information
    • Electric
  • Water Features
    • Public
  • House Interior
    • High Ceilings
  • Utilities
    • Electricity Connected
Listing Courtesy: F Colon Inc - 914-295-2744
Presented by: Frank Colon Jr
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Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from OneKey MLS.
EXIT REALTY CENTRAL
106-14 Rockaway Blvd., Ozone Park, NY 11417
Arthur Martinez
License #: 10401215934/License #: 10301221915
Franchisee
Office
718 848 5900
Agent
347 385 4885
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