$1,310,000
$190K PRICE DROP

1661 E 172nd St Bronx, NY 10472

Parkchester Neighborhood

Estimated payment $9,583/month

Total Views 4,296
-- Bed
-- Bath
4,800 Sq Ft
$273 Price per Sq Ft

Highlights

  • Senior Community
  • 5-minute walk to Morrison-Sound View Avenues
  • Fenced
  • Main Floor Bedroom

About This Home

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.

Listing Agent

Omar Alrobaye

eXp Realty Brokerage Phone: 888-276-0630 License #10401344257 Listed on: 06/18/2025

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $29,513

Year Built

  • Built in 1926

Lot Details

  • 2,425 Sq Ft Lot
  • Fenced
  • Additional Parcels

Home Design

  • Triplex
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • Main Floor Bedroom

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Cable TV Available

Additional Features

  • Basement

Community Details

  • Senior Community
  • 4 Units

Listing and Financial Details

  • Legal Lot and Block 0008 / 03870
  • Assessor Parcel Number 03870-0008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$29,513

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Triplex
  • Year Built: 1926
  • Attribution Contact: 888-276-0630
  • Carport Y N: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: First Floor Bedroom, First Floor Full Bath
  • Basement: Common
  • Basement YN: Yes

Exterior Features

  • Construction Materials: Brick
  • Fencing: Fenced
  • Pool Private: No
  • Spa: No
  • Waterfront: No

Garage/Parking

  • Garage: No

Utilities

  • Cooling: None
  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Connected, Trash Collection Public, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: Yes

Lot Info

  • Lot Size Acres: 0.0557
  • Lot Size Sq Ft: 2425
  • Building Area Total: 4800
  • Parcel Number: 03870-0008
  • Property Attached: Yes
  • Additional Parcels: Yes

Multi Family

  • Units Total: 4

Tax Info

  • Tax Annual Amount: 29513.12
  • Tax Block: 03870
  • Tax Lot: 0008
  • Tax Year: 2024

Map

Range of Values:

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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 $29,513 $243,658 $143,256 $100,402
2024 $29,513 $236,067 $139,670 $96,397
2023 $26,818 $218,620 $147,003 $71,617
2022 $24,768 $391,500 $210,600 $180,900
2021 $0 $313,200 $210,600 $102,600
2020 $23,378 $344,250 $210,600 $133,650
2019 $22,902 $339,300 $210,600 $128,700
2018 $21,389 $168,169 $106,355 $61,814
2017 $19,806 $155,717 $104,257 $51,460
2016 $18,588 $144,185 $106,433 $37,752
2015 $12,068 $144,176 $121,575 $22,601
2014 $12,068 $139,685 $112,131 $27,554
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2025 08/04/25 Price Changed $1,310,000 -12.7% $273 / Sq Ft
06/18/2025 06/18/25 For Sale $1,500,000 -- $313 / Sq Ft
Source: OneKey® MLS

Purchase History

Date Type Sale Price Title Company
Deed $835,000 --
Deed $835,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $750,000 Purchase Money Mortgage
Closed $750,000 Purchase Money Mortgage
Previous Owner $520,000 No Value Available
Previous Owner $65,000 No Value Available
Previous Owner $286,000 No Value Available
Source: Public Records

Source: OneKey® MLS

MLS Number: 879336

OneKey® MLS

APN: 03870-0008

New York Bronx County Bronx 10472 Parkchester

1661 E 172nd St, Bronx, NY

This home is located at 1661 E 172nd St, Bronx, NY 10472 and is currently priced at $1,310,000, approximately $272 per square foot. This property was built in 1926. 1661 E 172nd St is a home located in Bronx County with nearby schools including P.S. 214, P.S. 47 - John Randolph, and Holy Family School.

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Omar Alrobaye
Listing Agent
Omar Alrobaye
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eXp Realty
(347) 289-7319