Listed price in listed location currency (USD).
$1,249,999

1340

MLS® 1028415

  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size -
Garage 
Taxes $29,457
Days Active 0
Lot Size 0.0557 Acres
Approx. Age 1926
MLS® Number 1028415

Property Address: 1661 E 172nd St, Bronx, NY, 10472-2229

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number1028415
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1926
BasementFull, Partially Finished, Storage Space
DrivewayAttached, Private
Garage Spaces
HeatNatural Gas, Radiant
A/CWall/Window Unit(s)

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 22, 2026List Date
$1,249,999List Price
-End Date
Not Sold YetSold Price

For Sale

Jun 18, 2025List Date
$1,260,000List Price
  • Commute

Commute

Starting Address
Destination Address
1661 E 172Nd St, Bronx, NY

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