Residential Income in New York

$1,249,999

1661 172nd, 10472, New York, NY

Residential Income for sale in New York, 1661 172nd, 10472

1661 172nd, 10472, New York, NY

$1,249,999

13Bed
4Bath
Type: Residential Income

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.

Location

1661 172nd, 10472, New York, NY

Data

Object TypeResidential Income
Purchase Price$1,249,999
Living Space0 m²
Plot Size225.29 m²
Bathrooms4
Construction Year1926
ConditionNot specified
RoomsN/A

Energy Information

Heating TypeNatural Gas, Radiant
Primary Energy SourceN/A
Construction Year1926
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

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