About This Home

This 13-bedroom, 4-bathroom multi-family at 1661 E 172nd Street in Bronx, NY is listed for $1,249,999. Built in 1926, on a 0.06 acres lot.

Key Features

  • Built in 1926
  • 0.06 acre lot

Property Details

4 full
1926

Amenities

A/C
Listing Description

Here it is! 1661 East 172nd Street stands as a rare gem in the Bronx - a truly massive 3 Family with a Commercial Space property that doesn't come along every day. This substantial income-producer delivers immediate cash flow with four spacious living units, a dedicated office space, and an enormous basement brimming with possibilities.

On the first floor you'll find a generous three-bedroom, one-bath unit. The second floor features two separate units: a large four-bedroom and a three-bedroom, each with its own full bathroom. A side unit adds another three-bedroom, one-bath residence, rounding out the four-family layout.

Every unit is currently occupied by excellent, long-term tenants, providing rock-solid rental income right from day one. Beyond the living spaces, the massive basement offers endless potential - perfect for the next owner to add their personal touch with cosmetic upgrades and turn it into additional living area, storage, or even a standout recreational space.

While the property is already well-maintained and delivering strong returns, it's primed for someone ready to inject their vision and unlock even greater value. Located in one of the Bronx's hottest markets, this investment opportunity sits just steps from the 6 train and convenient bus lines (Bx11 and Bx4), while also being close to parks, schools, and everyday shopping.

With proven rental demand and a strong history of performance, 1661 East 172nd Street is a true money-maker that promises impressive long-term upside for savvy investors. Don't miss your chance to own this standout multi-family in a prime location.

Monthly Cost Estimate

$6,685/mo

20% down · 6.5% · 30 years

Principal$904
Interest$5,417
Insurance$365

Estimates only. Actual payments may vary.

Location

1661 E 172nd Street

Bronx, NY 10472

Features & Amenities

Interior Features

First Floor BedroomFirst Floor Full BathHigh CeilingsNatural WoodworkStorage

Property Details

Construction

Brick

Heating

Natural GasRadiant

Cooling

Wall/Window Unit(s)Window Unit(s)

Questions & Answers

This 13-bedroom, 4-bathroom multi-family at 1661 E 172nd Street is listed at $1,249,999. The estimated monthly payment is $6,686 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1926, 0.06 acre lot. Interior Features: First Floor Bedroom, First Floor Full Bath, High Ceilings.

This property is listed by Manuel Galan and can be reached at 9175998976.

MG

Manuel Galan

Agent at eXp Realty

(917) 599-8976

Listed by eXp Realty · View on Broker Site

MLS# 1028415· Source: listhub· 3 days on market

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1661 E 172nd Street, Bronx, NY 10472

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