1661 East 172nd Street is a well-maintained property that offers three living units, one office space, and a spacious basement. The first floor's unit has 3 bedrooms and 1 full bathroom. The second floor contains two units: one with four bedrooms and the other with three bedrooms. They each have a full bathroom. All units are currently occupied with great tenants. This property is in a prime location as it is conveniently located near public transportation, such as the 6 train and buses like Bx11 and Bx4. It is also near parks, schools, and local stores. The strong rental history and market demand make this property stand out as it offers long-term upside for investors.
Listed by Omar Alrobaye
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eXp Realty
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888-276-0630
Last updated August 04, 2025
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Source: OneKey #879336
Listing Facts
TypeMulti-family
NeighborhoodBronx River
Days on Prevu81
Taxes$29,513.12/year
Location
Mortgage Calculator
Listing History
08/04/2025
Price Decreased
$1,310,000
06/18/2025
Listed by eXp Realty
$1,500,000
Estimated Closing Costs
Total
$48,669
Attorney Fees
$4,000
NYC Mansion Tax
$13,100
Title Insurance
$5,895
Bank Attorney
$1,500
Mortgage Recording Tax
$20,174
Other Closing Costs
$4,000
Estimated closing costs are based on the list price of $1,310,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.
Property Details for 1661 East 172nd Street
Exterior
Construction
Number Of Units Total: 4
Property Attached: Yes
Year Built: 1926
Construction Materials: Brick
Features
Fencing: Fenced
Measurements
Building Area Total: 4,800
Building Area Units: Square Feet
Lot Size Acres: 0.05
Lot Size Square Feet: 2,425
Financial
Taxes
Parcel Number: 03870-0008
Tax Annual Amount: $29,513.12
Tax Assessed Value: $355,950.00
Tax Year: 2024
Interior
Features
Interior Features: First Floor Bedroom, First Floor Full Bath
Rooms
Basement: Common
Has Basement: Yes
Other
General
Senior Community: Yes
Location
Tax Block: 03870
Tax Lot: 0008
Utilities
Equipment
Heating: Natural Gas
Sewer: Public Sewer
Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Connected, Trash Collection Public, Water Available
Water Source: Public
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