1661 E 172nd Street, Bronx, NY 10472

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Property 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.

1661 E 172nd Street | MLS# 1028415

This multi-family property located at 1661 E 172nd Street, Bronx, NY 10472 is currently listed for sale with an asking price of $1,249,999. E 172nd Street is located within the Contact Agent school district. Search Bronx real estate on www.coldwellbankerprime.com today.

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Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Partially Finished, Storage Space
Cooling: Wall/Window Unit(s)
Heating: Natural Gas, Radiant
Lot Size: 0.06 Acres
Taxes: $29,457
Year Built: 1926

Amenities

First Floor Bedroom
First Floor Full Bath
High Ceilings
Natural Woodwork
Storage

Feature Descriptions

Building Area Total: 4800
Days on Site: 5
Exterior: Brick
Heating Units: 1
On Market Date: 2026-07-22
Parcel Number: 03870-0008
Parking Features: Attached, Private
Property Attached Y/N: 1
Rental Term: Monthly
Seller Concession: Yes
Separate Electric Meters: 4
Separate Gas Meters: 4
Sewer: Public Sewer
Tenant Pays: Electricity
Units: 4
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
Water: Public

Local Schools

High School: Contact Agent
Elementary School: Contact Agent
School District: Contact Agent

Estimate Your Payment

Estimated Payment

$ 5,601.29 per month $2,781.96 Principal & Interest $2,454.75 Property Tax $364.58 Homeowner's Insurance

Change Payment Information

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years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Demographics

Listed By / Shown By

Listing By

Agency Name: eXp Realty
Agency Contact: 888-276-0630

Shown By

Agency Title: Coldwell Banker Prime Properties
Agency Phone: 866-323-CBPP

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