1614 Stadium Avenue, BRONX
$1,300,000 - 7 Beds, 5 Baths, 2,367 Sf
MLS® # H6300990
Status: Active![Hudson Gateway MLS Logo]()
536 Throggs Neck Expressway, BRONX
$1,490,000
5 Beds
6 Baths
2,560 Sqft
.06 Acres
1 Garages
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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Essential Information
MLS® #H6290912
Price$1,490,000
Bedrooms5
Bathrooms6.00
Full Baths4
Half Baths2
Square Footage2,560
Acres0.06
Year Built1960
TypeResidential Income
Sub-TypeMulti Family
StatusActive
Community Information
Address536 Throggs Neck Expressway
CityBRONX
CountyBronx
StateNY
Zip Code10465
Amenities
# of Garages1
Parking
Attached, 1 Car Attached, Driveway, On Street
Interior
HeatingElectric, Baseboard
CoolingWindow Unit(s)
School Information
DistrictCity of New York
ElementaryCall Listing Agent
MiddleCall Listing Agent
HighCall Listing Agent
Additional Information
Date ListedFebruary 22nd, 2024
Days on Market73
Listing Details
Listing Courtesy ofJoyce Realty Corp
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Listing information last updated on May 5th, 2024 at 2:00am CDT.
