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For sale
  • $1,249,999

    1661 E 172nd Street, Bronx, NY 10472

    13beds
    4,800sqft
    Loading
    Quadruplex, Multi Family
    Built in 1926
    -- sqft lot
    $-- Zestimate®
    $260/sqft
    $-- HOA

    What's special

    Enormous basementDedicated office spaceGenerous three-bedroom one-bath unitFour spacious living units
    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.
    18 hours
    |
    150
    |
    9
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    Zillow last checked:

    Listing updated:

    Listed by:

    eXp Realty 888-276-0630,

    Manuel Galan 917-599-8976

    Source: OneKey® MLS as distributed by MLS GRID,MLS#: 1028415MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 13
      • Bathrooms: 4
      • Full bathrooms: 4
      Heating
      • Natural Gas, Radiant
      Cooling
      • Wall/Window Unit(s)
      Features
      • First Floor Bedroom, First Floor Full Bath, High Ceilings, Natural Woodwork, Storage
      • Basement: Full,Partially Finished,Storage Space
      Interior area
      • Total structure area: 4,800
      • Total interior livable area: 4,800 sqft

      Property

      Parking
      • Parking features: Attached, Private
      Lot
      • Size: 2,425 Square Feet
      Details
      • Parcel number: 038700008
      • Special conditions: None

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Quadruplex, Multi Family
      • Attached to another structure: Yes
      Materials
      • Brick
      Condition
      • Year built: 1926

      Utilities & green energy

      • Gas: Separate Gas Meters: 4
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected

      Community & HOA

      Location
      • Region: Bronx

      Financial & listing details

      • Price per square foot: $260/sqft
      • Tax assessed value: $358,200
      • Annual tax amount: $29,457
      • Date on market: 7/22/2026
      • Listing agreement: Exclusive Right To Sell
      • Tenant pays: Electricity
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/22/2026Listed for sale$1,249,999-0.8%$260/sqft
        Source: OneKey® MLS as distributed by MLS GRID #1028415 Report a problem
        5/6/2026Listing removed$1,260,000$263/sqft
        Source: eXp Realty #879336 Report a problem
        3/13/2026Price change$1,260,000-3.8%$263/sqft
        Source: OneKey® MLS as distributed by MLS GRID #879336 Report a problem
        1/15/2026Listed for sale$1,310,000$273/sqft
        Source: OneKey® MLS as distributed by MLS GRID #879336 Report a problem
        12/2/2025Listing removed$1,310,000$273/sqft
        Source: OneKey® MLS as distributed by MLS GRID #879336 Report a problem
        8/4/2025Price change$1,310,000-12.7%$273/sqft
        Source: OneKey® MLS as distributed by MLS GRID #879336 Report a problem
        6/18/2025Listed for sale$1,500,000+79.6%$313/sqft
        Source: OneKey® MLS as distributed by MLS GRID #879336 Report a problem
        2/3/2025Listing removed$3,777$1/sqft
        Source: Zillow Rentals Report a problem
        1/30/2025Price change$3,777+30.2%$1/sqft
        Source: Zillow Rentals Report a problem
        1/24/2025Price change$2,900-23.2%$1/sqft
        Source: Zillow Rentals Report a problem
        11/28/2024Listed for rent$3,777$1/sqft
        Source: Zillow Rentals Report a problem
        11/18/2024Listing removed$3,777$1/sqft
        Source: Zillow Rentals Report a problem
        8/23/2024Listed for rent$3,777$1/sqft
        Source: Zillow Rentals Report a problem
        2/27/2024Sold$835,000$174/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$30,462 +3.2%$358,200 +0.6%
        2024$29,513 +10%$355,950 +13.6%
        2023$26,818 $313,200 -20%
        2022-- $391,500 +25%
        2021-- $313,200 -9%
        2020$23,378 +3.2%$344,250 +1.5%
        2019$22,650 +6.8%$339,300 +101.8%
        2018$21,209 +7.1%$168,169 +8%
        2017$19,806 +6.5%$155,717 +8%
        2016$18,588 $144,185 +0%
        2015$18,588 +54%$144,176 +3.2%
        2014$12,068 $139,685 +8%
        2013-- $129,361 +8%
        2012-- $119,783 +8%
        2011-- $110,912 +0%
        2010-- $110,905 +3.2%
        2009-- $107,450 +8%
        2008-- $99,509 +8%
        2007-- $92,141 +8%
        2006-- $85,317 +0%
        2005-- $85,312 +3.2%
        2004-- $82,654 +8%
        2003-- $76,546 +8%
        2002-- $70,878 +8%
        2001-- $65,629 +0%
        2000-- $65,625
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Soundview

        Getting around

        92 / 100
        Walker's Paradise
        69 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Contact Agent
        • High: Contact Agent

        Source: OneKey® MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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