**Investor Alert! Rare 4-Unit Cash-Flow Opportunity with 2-Family Taxes**
Turnkey semi-detached brick **4-unit** property with **4 separate electric meters**, offering strong in-place income and upside potential. Currently configured as: • 2BR / 1.5BA • 2BR / 1.5BA • 1BR / 1BA • Studio / 1BA All units feature **10-foot ceilings**, enhancing light, volume, and rental appeal.
**Current rent roll: $7,500/month**, with immediate upside—vacant **1BR can be rented for approx. $1,700/month**, increasing NOI. As currently constituted, property delivers a **7.2% going-in cap rate**.
Major investor advantage: **Own a 4-unit building while paying 2-family taxes**.
Additional highlights include **1-car garage + driveway parking**, **outdoor jacuzzi**, and **electric heat**. Prime location near **Edgewater Park**, close to public and private schools, with excellent transportation—local and express bus service nearby and **highway access allowing approx. 5-minute drive to Queens, NY**.
Ideal for investors seeking **strong cash flow, tax efficiency, and long-term appreciation** in a high-demand rental corridor. A rare find—don’t miss it.
Listed by Frank Colon Jr
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F Colon Inc
·
914-295-2744
Listed by Cesarina Benitez
·
F Colon Inc
Last updated January 29, 2026
·
Source: OneKey #952818
Listing Facts
TypeMulti-family
NeighborhoodThrogs Neck
Bedrooms5
Bathrooms6
Days on Prevu13
Taxes$8,112/year
Amenities
Private Outdoor Space
Parking
Location
Mortgage Calculator
Listing History
01/22/2026
Status changed to Active
$1,250,000
01/17/2026
Listed by F Colon Inc
$1,250,000
Estimated Closing Costs
Total
$46,875
Attorney Fees
$4,000
NYC Mansion Tax
$12,500
Title Insurance
$5,625
Bank Attorney
$1,500
Mortgage Recording Tax
$19,250
Other Closing Costs
$4,000
Estimated closing costs are based on the list price of $1,250,000 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 536 Throgs Neck Expressway
Exterior
Construction
Number Of Units Total: 4
Property Attached: Yes
Property Condition: Actual
Structure Type: Townhouse
Window Features: Storm Window(s)
Year Built: 1960
Construction Materials: Brick
Exterior Features: Gas Grill
Features
Direction Faces: West
Fencing: Back Yard, Brick, Fenced
Other Structures: Shed(s)
Patio And Porch Features: Patio
Measurements
Building Area Total: 3,100
Building Area Units: Square Feet
Lot Features: Back Yard, City Lot, Near Golf Course, Near Public Transit, Near School, Near Shops, Rolling Slope
Lot Size Dimensions: 27
Lot Size Square Feet: 2,487
Financial
Residential Income
Gross Income: $90,000.00
Taxes
Parcel Number: 054870085
Tax Annual Amount: $8,112.00
Tax Assessed Value: $40,388.00
Tax Year: 2025
Interior
Features
Flooring: Hardwood
Interior Features: First Floor Bedroom, First Floor Full Bath, High Ceilings
Rooms
Basement: Finished, Full
Has Basement: Yes
Bathrooms Full: 6
Bathrooms Total Integer: 6
Bedrooms Total: 5
Other
Location
Tax Block: 5487
Tax Lot: 85
Parking
Parking
Carport Spaces: 1
Carport: Yes
Garage Spaces: 1
Garage: Yes
Parking Features: Driveway, Garage
Parking Total: 2
Schools
Elementary School
Elementary School District: Bronx 10
Utilities
Equipment
Cooling: Electric
Heating: Electric
Sewer: Public Sewer
Utilities: Electricity Connected
Water Source: Public
Frequently Asked Questions
How many bedrooms and bathrooms does this multi-family home have?
There are 5 bedrooms and 6 bathrooms in this multi-family home at 536 Throgs Neck Expressway.
Does this multi-family home have parking?
Yes, there is 1 parking space available for 536 Throgs Neck Expressway.
What are the annual taxes for 536 Throgs Neck Expressway?
Annual taxes for this multi-family home are estimated at $8,112.
How does 536 Throgs Neck Expressway compare to other multi-family homes in Throgs Neck?
This multi-family home is listed 9% above the average price for multi-family homes in Throgs Neck and has been on the market for 82 less days than the typical home in this area.
536 Throgs Neck Expressway is a 5-bedroom, 6-bath multi-family home for sale in Bronx NY 10465. On Prevu for 13 days at $1,250,000. This residence is located in Throgs Neck. The median listing price for multi-family homes in this area is $689,000. The home offers private outdoor space and parking. Explore more multi-family home listings in Bronx.
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Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.
