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
The data relating to real estate for sale on this website comes in part from the Internet Data exchange of OneKey MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2026 OneKey MLS. All Rights Reserved
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Median Listing Price
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Median Square Feet
Market statistics compiled from data from OneKey MLS.
EXIT REALTY DKC
3825 East Tremont Ave, Bronx, NY 10465
Office
718 676 1371
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