Mixed-Use Multifamily with Office
For Sale
$1,249,999
1661 E 172nd St The, Bronx, NY 10472
Four residential units plus a dedicated office space, with an extensive basement offering room to expand or reconfigure.
Days on Market8
Property Features for 1661 E 172nd St The
General Information
Standard status
Active
Property subtype
Investment
Occupancy
100%
Units
Multifamily Units
4
Office Units
1
Building Details
Year Built
1926
Listing Agency:
eXp Realty
(917) 599-8976
Listed By:
Manuel Galan
(917) 599-8976
Source:
Elliman
Added: Jul 24
Changed: Jul 25
Last Checked: Jul 30 at 11:16AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty
Investment Insights
Based on property information with market context.
1661 E 172nd St presents a mixed-use income property with four residential units and a dedicated office space, along with an enormous basement. The first floor features a three-bedroom, one-bath layout. The second floor contains two separate units: a large four-bedroom unit and a three-bedroom unit, each with its own full bathroom. A side unit adds an additional three-bedroom, one-bath residence, rounding out the four living-unit configuration. Every unit is currently occupied by long-term tenants.
For access and convenience, the property is described as being just steps from the 6 train and served by nearby bus lines (Bx11 and Bx4). WalkScore and transitScore are listed as 91 and 90, respectively, supporting everyday mobility to local destinations.
The basement is highlighted as substantial and suited for an owner’s personal touch, whether for cosmetic updates, added storage, or potential additional living-area use. The property is positioned as well-maintained while offering flexibility for a new owner to enhance the space.
For access and convenience, the property is described as being just steps from the 6 train and served by nearby bus lines (Bx11 and Bx4). WalkScore and transitScore are listed as 91 and 90, respectively, supporting everyday mobility to local destinations.
The basement is highlighted as substantial and suited for an owner’s personal touch, whether for cosmetic updates, added storage, or potential additional living-area use. The property is positioned as well-maintained while offering flexibility for a new owner to enhance the space.
Key Highlights
- Year built 1926 multi‑family with four residential units plus a dedicated office space
- Four residential units include: one 3‑bed/1‑bath, one 4‑bed with full bathroom, one 3‑bed with full bathroom, and one 3‑bed/1‑bath
- All units are currently occupied by long‑term tenants
Property Analytics
Current Use
Lease Details
1
Office units
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
3,040
Businesses Nearby
Explore this area
Business Placement
Demographics for 10472, NY
72,245
Population
24,259
Households
3
Avg Household Size
34
Median Age
14%
College-Educated
69%
High-School Grad
1.1 sq mi
ZIP Area
65,677
Density / Sq Mi
$43,125
Median Household Income
$35,180
Median Earnings
$1,445
Median Rent
$632,500
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Four residential units plus a dedicated office space, with an extensive basement offering room to expand or reconfigure.
Where is this quadplex located?
The property is located at 1661 E 172nd St The Bronx, NY.
What is the asking price?
The asking price for this property is $1,249,999.
What are key features of this property?
This property features: Year built 1926 multi‑family with four residential units plus a dedicated office space; Four residential units include: one 3‑bed/1‑bath, one 4‑bed with full bathroom, one 3‑bed with full bathroom, and one 3‑bed/1‑bath; All units are currently occupied by long‑term tenants
