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536 Throggs Neck Expressway

Bronx, NY 10465
  • $1,490,000
  • STATUS: Active
  • ON SITE: 117 Days
  • ID#: H6290912
$1,490,000
  • 5
    BEDS
  • 0.06
    ACRES
  • 4
    BATHS
  • 2
    1/2 BATHS
  • 2,560
    SQFT
  • $582
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1960
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

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%.

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© 2024 OneKey MLS. All rights reserved. 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 is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Valley Realty. Data last updated: 2024-06-19T00:18:59.867.
www.thepaulaclarkgroup.com/homes/147840012
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536 Throggs Neck Expressway Bronx, NY 10465

  • Price: $1,490,000
  • Status: Active
  • On Site: 117 Days
  • ID#: H6290912
5
Beds
4
Baths
2
½ Baths
0.06
Acres
2,560
SQFT
$582
$/SQFT
1960
Built
Neighborhood:
Bronx
County:
Bronx
Area:
Bronx
Elementary School:
Call Listing Agent
Middle School:
Call Listing Agent
High School:
Call Listing Agent
School District:
City Of New York
Property Description
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%.
Exterior Features

Attached Garage YN Yes Parking Features Attached1 Car AttachedDrivewayOn Street Property Attached YN No

Interior Features

Common Walls No Common Walls Cooling Window Unit(s) Cooling YN Yes Heating ElectricBaseboard Hot Water Electric Stand Alone Number Of1 Bedrooms 2 Number Of2 Bedrooms 2

Property Features

Garbage Removal Public MLSArea Minor 99 Number Of Separate Electric Meters 4 Number Of Separate Gas Meters 4 Property Sub Type Multi Family Senior Community YN No Sewer Public Sewer Tax Annual Amount 7500 Tax Annual Amount1 7500 Water Source Public

Listing courtesy of Jeremy Dobbs of Joyce Realty Corp: (845) 735-7100
© 2024 OneKey MLS. All rights reserved.


© 2024 OneKey MLS. All rights reserved. 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 is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Valley Realty. Data last updated: 2024-06-19T00:18:59.867.
 
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