$1,249,999

1661 E 172nd Street, Bronx, NY 10472

  • 13 beds |
  • 4 baths |
  • 4,800 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1926
  • Property Lot Size Icon2,426sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $260/sqft
  • Property List Date Icon Listed 21 days ago

Property Description

Here it is! 1661 East 172nd Street stands as a rare gem in the Bronx — a truly massive 3 Family with a Commercial Space property that doesn’t come along every day. This substantial income-producer delivers immediate cash flow with four spacious living units, a dedicated office space, and an enormous basement brimming with possibilities. On the first floor you’ll find a generous three-bedroom, one-bath unit. The second floor features two separate units: a large four-bedroom and a three-bedroom, each with its own full bathroom. A side unit adds another three-bedroom, one-bath residence, rounding out the four-family layout. Every unit is currently occupied by excellent, long-term tenants, providing rock-solid rental income right from day one. Beyond the living spaces, the massive basement offers endless potential — perfect for the next owner to add their personal touch with cosmetic upgrades and turn it into additional living area, storage, or even a standout recreational space. While the property is already well-maintained and delivering strong returns, it’s primed for someone ready to inject their vision and unlock even greater value. Located in one of the Bronx’s hottest markets, this investment opportunity sits just steps from the 6 train and convenient bus lines (Bx11 and Bx4), while also being close to parks, schools, and everyday shopping. With proven rental demand and a strong history of performance, 1661 East 172nd Street is a true money-maker that promises impressive long-term upside for savvy investors. Don’t miss your chance to own this standout multi-family in a prime location.

Listing Status:
Active
Data Last Updated:
August 11, 2026 at 12:23AM
Listing Office:
eXp Realty : 888-276-0630
MLS ID:
1028415
  • General: First Floor BedroomFirst Floor Full BathHigh CeilingsNatural WoodworkStorage
  • Basement: FullPartially FinishedStorage Space
  • A/C: Wall/Window Unit(s)
  • Heating: Natural GasRadiant
  • Parking: AttachedPrivate
  • Originating MLS: onekey2
  • School District: Contact Agent
  • County: Bronx County
  • Zoning: 03870-0008
  • Utilities: Electricity ConnectedNatural Gas ConnectedSewer ConnectedTrash Collection PublicWater Connected
  • Water: Public
  • Sewer: Public Sewer
  • Source: onekey2

This listing courtesy of eXp Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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