$1,250,000
OPEN TUE 3PM - 5PM

536 Throgs Neck Expy Bronx, NY 10465

Throgs Neck-Edgewater Park Neighborhood

Estimated payment $7,167/month

Total Views 338
5 Beds
6 Baths
3,100 Sq Ft
$403 Price per Sq Ft

Highlights

  • Property is near golf course, public transit, schools, and shops
  • Main Floor Bedroom
  • Storm Windows
  • Wood Flooring
  • High Ceiling
  • 2-minute walk to Bicentennial Veterans Memorial park

About This Home

**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.

Listing Agent

Frank Colon

F Colon Inc License #10311208378 Listed on: 01/17/2026

Co-Listing Agent

Cesarina Benitez

U S Asset Realty LLC License #10301219525

Open House Schedule

  • Tuesday, January 27, 2026
    3:00 to 5:00 pm
    1/27/2026 3:00:00 PM +00:00
    1/27/2026 5:00:00 PM +00:00
    Open House – Cash-Flow Investment: Well-maintained income property offering projected monthly rent of $7,500+ with one vacant unit and additional upside through rent optimization. Low expenses support an attractive cap rate. Rent roll available upon request.
    Add to Calendar
  • Wednesday, January 28, 2026
    3:00 to 5:30 pm
    1/28/2026 3:00:00 PM +00:00
    1/28/2026 5:30:00 PM +00:00
    Open House – Cash-Flow Investment: Well-maintained income property offering projected monthly rent of $7,500+ with one vacant unit and additional upside through rent optimization. Low expenses support an attractive cap rate. Rent roll available upon request.
    Add to Calendar
  • Saturday, January 31, 2026
    11:00 am to 1:00 pm
    1/31/2026 11:00:00 AM +00:00
    1/31/2026 1:00:00 PM +00:00
    Open House – Cash-Flow Investment: Well-maintained income property offering projected monthly rent of $7,500+ with one vacant unit and additional upside through rent optimization. Low expenses support an attractive cap rate. Rent roll available upon request.
    Add to Calendar

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,112

Year Built

  • Built in 1960

Lot Details

  • 2,487 Sq Ft Lot
  • Lot Dimensions are 27.33 x 91
  • West Facing Home
  • Lot Has A Rolling Slope
  • Back Yard Fenced

Parking

  • 1 Car Garage
  • 1 Carport Space
  • Driveway

Home Design

  • Triplex
  • Brick Exterior Construction

Interior Spaces

  • High Ceiling
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 6 Full Bathrooms

Home Security

  • Home Security System
  • Storm Windows
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Shed
  • Outdoor Gas Grill

Location

  • Property is near golf course, public transit, schools, and shops
  • City Lot

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • 4 Units
  • 4 Separate Electric Meters

Listing and Financial Details

  • Legal Lot and Block 85 / 5487

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,112

Year Built

Built in 1960

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property SubType: Triplex
  • Property Condition: Actual
  • Year Built: 1960
  • Co List Office Mls Id: KEYBUYCAP
  • Co List Office Phone: 800-913-1936
  • Carport Y N: Yes
  • Structure Type: Townhouse
  • CurrentPrice: 1250000.00
  • MlsMajorChangeType: New Listing
  • ListPrice_By_OriginalListPrice: 1.00000
  • OpenHousePublicUpcoming: Public: Tue Jan 27, 3:00PM-5:00PM
  • OpenHouseUpcoming: Public: Tue Jan 27, 3:00PM-5:00PM
  • CurrentPrice_By_BuildingAreaTotal: 403.22581
  • Special Features: OpenHouse
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: First Floor Bedroom, First Floor Full Bath, High Ceilings
  • Flooring: Hardwood
  • Full Bathrooms: 6
  • Basement: Finished, Full
  • Total Bedrooms: 5
  • Fireplace: No
  • Window Features: Storm Window(s)
  • Basement YN: Yes

Exterior Features

  • Direction Faces: West
  • Other Structures: Shed(s)
  • Construction Materials: Brick
  • Fencing: Back Yard, Brick, Fenced
  • View: None
  • Exterior Features: Gas Grill
  • Patio and Porch Features: Patio
  • Waterfront: No
  • Foundation Details: Block

Garage/Parking

  • Total Parking Spaces: 2
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Description: Driveway, Garage
  • Carport Spaces: 1

Utilities

  • Cooling: Electric
  • Heating: Electric
  • Security: Security System, Smoke Detector(s), Video Cameras
  • Sewer: Public Sewer
  • Utilities: Electricity Connected
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Dimensions: 27.33 X 91
  • Lot Size Sq Ft: 2487
  • Lot Features: Back Yard, City Lot, Near Golf Course, Near Public Transit, Near School, Near Shops, Rolling Slope
  • Property Attached: Yes
  • Additional Parcels: No

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Units Total: 4
  • Separate Electric Meters: 4

Tax Info

  • Tax Annual Amount: 8112
  • Tax Block: 5487
  • Tax Lot: 85
  • Tax Year: 2025

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/17/2026 01/17/26 For Sale $1,250,000 -- $403 / Sq Ft
Source: OneKey® MLS

Source: OneKey® MLS

MLS Number: 952818

OneKey® MLS
New York Bronx County Bronx 10465 Throgs Neck-Edgewater Park

536 Throgs Neck Expy, Bronx, NY

For Sale

MultiFamily

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Frank Colon
Listing Agent
Frank Colon
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F Colon Inc
(347) 851-1750