$1,275,999
$123K PRICE DROP

Estimated payment $7,509/month

Total Views 5,411
8 Beds
4 Baths
3,276 Sq Ft
$389 Price per Sq Ft

About This Home

Incredible Investment Opportunity in the Heart of Throgs Neck! Welcome to 854 Throgs Neck Expressway, a spacious and versatile 8-bedroom, 4-bathroom legal 3- family home nestled in one of the Bronx’s most sought-after neighborhoods. Whether you’re an investor looking for strong rental income or a homeowner seeking multi-generational living, this property delivers on all fronts. This well-maintained home is currently occupied but WILL BE DELIVERED VACANT!! The property features a finished basement with a separate entrance, offering excellent potential for rental income or in-law accommodations. The expansive layout provides multiple living areas that can easily be configured for tenants or extended family. 8 generously sized bedrooms
4 full bathrooms
Finished basement with private entrance
Ideal for investors or end-users Located near public transportation, shopping, and schools
The property is situated in a high-demand rental area, with strong cap rate potential and low vacancy. With some cosmetic updates, this home could be transformed into a top-tier income-generating asset.
Don’t miss your chance to own a piece of Throgs Neck with huge upside potential!

Listing Agent

Jarel Carroll

Exit Realty DKC License #10401316123 Listed on: 10/09/2025

Exit Realty DKC

Co-Listing Agent

Kiara Lewis

Exit Realty DKC License #10401363106

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,118

Year Built

  • Built in 1965

Parking

  • Driveway

Home Design

  • Triplex
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Basement Storage

Utilities

  • Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • Natural Gas Connected

Additional Features

  • Eat-In Kitchen
  • 3,000 Sq Ft Lot

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 05472-0055

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,118

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Triplex
  • Year Built: 1965
  • Co List Office Mls Id: KEYEXTDKC
  • Co List Office Phone: 718-676-1371
  • Carport Y N: No
  • CurrentPrice: 1275999.00
  • MlsMajorChangeType: Price Decrease
  • ListPrice_By_OriginalListPrice: 0.91208
  • ListPrice_By_LotSizeAcres: 18519579.1001
  • CurrentPrice_By_BuildingAreaTotal: 389.49908
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Eat-in Kitchen
  • Full Bathrooms: 4
  • Basement: Finished, Full, Storage Space, Walk-Out Access
  • Total Bedrooms: 8
  • Basement YN: Yes

Exterior Features

  • Construction Materials: Brick
  • Waterfront: No

Garage/Parking

  • Garage: No
  • Parking Description: Driveway

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Baseboard
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.0689
  • Lot Size Sq Ft: 3000
  • Parcel Number: 05472-0055
  • Property Attached: Yes

Multi Family

  • Units Total: 3

Tax Info

  • Tax Annual Amount: 10118
  • Tax Year: 2024

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 $10,082 $50,198 $7,489 $42,709
2024 $10,082 $50,198 $6,894 $43,304
2023 $10,118 $49,821 $7,911 $41,910
2022 $9,383 $58,740 $11,100 $47,640
2021 $9,332 $47,700 $11,100 $36,600
2020 $8,855 $50,400 $11,100 $39,300
2019 $8,751 $47,520 $11,100 $36,420
2018 $8,463 $41,518 $9,506 $32,012
2017 $7,984 $39,168 $10,913 $28,255
2016 $7,387 $36,951 $10,517 $26,434
2015 $4,926 $34,860 $12,360 $22,500
2014 $4,926 $34,860 $12,360 $22,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/07/2025 11/07/25 Price Changed $1,275,999 -8.8% $389 / Sq Ft
10/09/2025 10/09/25 For Sale $1,399,000 -- $427 / Sq Ft
Source: OneKey® MLS

Purchase History

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

Source: OneKey® MLS

MLS Number: 922962

OneKey® MLS

APN: 05472-0055