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$1,249,999 Just Listed
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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.
Full Property Details
Full Property Details for 1661 E 172nd St
General
- Price: $1,249,999
- Taxes: $29,457
- Status: Active
- Type: Multi-Family
- Source: Long_Island
- MLS ID: 1028415
- Updated: 7/22/2026
- Added to Site: 2 day(s) ago
Interior
- Interior Features: First Floor Bedroom, First Floor Full Bath, High Ceilings, Natural Woodwork, Storage
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 13
Parking
- Parking Features: Attached, Private
Location
- County: Bronx County
School Information
- High School District: Contact Agent
- Elementary School: Contact Agent
- Middle School: Call Listing Agent
- High School: Contact Agent
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Natural Gas, Radiant
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
Structural Information
- Detached/Attached: Attached
- Construction: Brick
- Basement: Yes
- Basement Desc.: Full Basement, Partially Finished, Storage Space
- Building Size: 4800
- Square Feet: 4,800
- Year Built: 1926
Lot Features
- Lot Size (Acres): 0.0557
- Lot Size (Sq. Ft.): 2,425
Financial Considerations
- Tax Amount: $29,457
- Tenant Pays: Electricity
Disclosures and Reports
- Special Conditions: None
- Property ID: 03870-0008
Listed by eXp Realty
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Schools
Schools serving 1661 E 172nd St
School District:New York City Geographic School District 12
| Name | Grades | Distance |
|---|---|---|
Ps 47 John Randolph 1794 E 172nd St, The Bronx, NY 10472 | K-5 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1661 E 172nd St
Date
Details
Price
Change
Source
7/22/2026
Listed
$1,249,999
49.7%
MLS
2/16/2024
Sold
$835,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1661 E 172nd St
1661 E 172nd Street, Bronx, NY 10472 (MLS# 1028415) is a Multi-Family property with 4 units containing 13 bedrooms and 4 full bathrooms. 1661 E 172nd Street is currently listed for $1,249,999 and was received on July 22, 2026. Want to learn more about 1661 E 172nd Street? Do you have questions about finding other Multi-Family real estate for sale in Bronx? You can browse all Bronx real estate or contact a Coldwell Banker agent to request more information.

