$950,000
PENDING

Estimated payment $6,505/month

Total Views 729
6 Beds
4 Baths
3,198 Sq Ft
$297 Price per Sq Ft

Highlights

  • Wood Flooring
  • 4-minute walk to Elder Avenue
  • Hot Water Heating System
  • Entrance Foyer
  • Solar Heating System

About This Home

Exceptional Investment Opportunity in the Bronx!
Welcome to 1506 E 172nd Street — a spacious LEGAL 4-family property with a full basement offering tremendous potential for investors or owner-occupants. Each unit provides comfortable living space with functional layouts. The full basement adds valuable storage or future expansion possibilities. Located in the vibrant Soundview neighborhood, this property is close to schools, shopping, parks, and major transportation, including the 6 train and multiple bus lines, providing easy access to Manhattan and surrounding areas. Enjoy proximity to Soundview Park, local dining, and neighborhood conveniences that make this an ideal Bronx investment. Don’t miss the chance to own a highly versatile multi-family property in a growing, well-connected community.

Listing Agent

Joseph Lukic

Compass Greater NY, LLC Brokerage Phone: 914-752-8763 License #10401264948 Listed on: 10/14/2025

Compass Greater NY, LLC

Co-Listing Agent

Geno George

Compass Greater NY, LLC Brokerage Phone: 914-752-8763 License #10301212641

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,500

Year Built

  • Built in 1920

Parking

  • Shared Driveway

Home Design

  • Quadruplex
  • Brick Exterior Construction

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement
  • Basement Storage

Schools

  • Ps 196 Elementary School
  • Mott Hall V Middle School
  • Mott Hall V High School

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Oil
  • Natural Gas Connected
  • Cable TV Available

Additional Features

  • Entrance Foyer
  • Solar Heating System

Listing and Financial Details

  • Assessor Parcel Number 03772-0034

Community Details

Overview

  • 4 Units

Building Details

  • 5 Separate Electric Meters
  • 4 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,500

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Quadruplex
  • Year Built: 1920
  • Attribution Contact: 914-752-8763
  • Co List Office Mls Id: KEYCOMPNY14
  • Co List Office Phone: 914-752-8763
  • Carport Y N: No
  • CurrentPrice: 950000.00
  • MlsMajorChangeType: Pending
  • ListPrice_By_OriginalListPrice: 1.00000
  • CurrentPrice_By_BuildingAreaTotal: 297.06066
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Entrance Foyer
  • Flooring: Tile, Wood
  • Full Bathrooms: 4
  • Basement: Full, Storage Space
  • Total Bedrooms: 6
  • Fireplace: No
  • Basement YN: Yes

Exterior Features

  • Construction Materials: Brick
  • Pool Private: No
  • Waterfront: No
  • Foundation Details: Brick/Mortar

Garage/Parking

  • Garage: No
  • Parking Description: Shared Driveway

Utilities

  • Cooling: None
  • Heating: Hot Water, Oil, Solar
  • Laundry Features: In Basement
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Mott Hall V

Lot Info

  • Parcel Number: 03772-0034
  • Property Attached: Yes

Multi Family

  • Units Total: 4
  • Separate Electric Meters: 5
  • Separate Gas Meters: 4

Tax Info

  • Tax Annual Amount: 18500
  • Tax Year: 2025

MLS Schools

  • Elementary School: Ps 196
  • High School: Mott Hall V
  • Middle School District: Bronx 12

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $18,038 $148,928 $44,193 $104,735
2024 $18,038 $144,282 $51,402 $92,880
2023 $14,896 $133,614 $38,081 $95,533
2022 $13,647 $262,800 $77,850 $184,950
2021 $0 $225,900 $77,850 $148,050
2020 $12,795 $258,300 $77,850 $180,450
2019 $13,998 $258,300 $77,850 $180,450
2018 $13,073 $102,780 $36,067 $66,713
2017 $12,108 $95,200 $35,342 $59,858
2016 $11,364 $88,151 $36,138 $52,013
2015 $7,378 $88,123 $41,203 $46,920
2014 $7,378 $85,374 $37,968 $47,406
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2025 11/14/25 Pending -- -- --
10/22/2025 10/22/25 Off Market $950,000 -- --
10/14/2025 10/14/25 For Sale $950,000 -- $297 / Sq Ft
Source: OneKey® MLS

Purchase History

Date Type Sale Price Title Company
Deed -- --
Deed -- --
Deed -- --
Deed -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $305,000 Purchase Money Mortgage
Source: Public Records

Source: OneKey® MLS

MLS Number: 924235

OneKey® MLS

APN: 03772-0034