Nest Seekers

Rare Throggs Neck Investment Opportunity Legal 3 Family with Incredible Upside !

New York, NY 10465

Listing

Web ID:5797441
Website:https://www.nestseekers.com/5797441

Property

Ownership: For Sale
Type: Unknown
Bedrooms: 7 BR
Bathrooms: 4
Lot Size: 0.1 Acres

Financials

Price:$1,599,000
Annual Taxes:$8,439

Description

Rare Throggs Neck Investment Opportunity – Legal 3-Family with Incredible Upside! Located in the highly sought-after Throggs Neck neighborhood of the Bronx (School District 8), this unique property offers unmatched versatility for savvy investors, developers, or multi-generational buyers. The property is legally zoned as a 3-family residence, currently functioning as a highly adaptable multi-level layout. • First Floor: Features a comfortable and private 2-bedroom, 1-bathroom unit perfect for an owner's suite or steady rental income. • Second Floor: Configured as a bright, studio-style apartment complete with its own dedicated kitchen and a private, rear deck. • Third Floor: A massive 4-bedroom unit currently utilized as additional living quarters. While the top-floor kitchen was previously removed, all active utility plugs, gas lines, and plumbing hookups remain fully accessible in one of the bedrooms, allowing for a seamless, low-cost conversion back to a full three-unit income producer. Live in one unit and let the others pay your mortgage, or convert it back to a full 3-family to maximize your monthly rental yield! Enjoy a prime location just a short walk to P.S. 72, local transit options, and the bustling shopping district on East Tremont Ave. PACKAGE DEAL AVAILABLE: This property is being co-listed alongside the neighboring parcel. Purchase both together to secure a massive footprint with endless development or expansion potential. Sold completely AS-IS. Buyer to verify all certifications and school zoning with the NYC DOB and DOE.

Amenities

  • First Floor Bedroom
  • First Floor Full Bath
  • Open Floorplan
  • Storage

Contact

Eastside, NY, Corporate
505 Park Ave, New York, NY 10022
Phone: +1 212-252-8772
info@nestseekers.com
Listing Courtesy of Keller Williams Realty Greater
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