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Brick Triplex with Separate-Entry Basement
For Sale
$1,780,000

4588 161st Street, New York, NY 11358

The residential property includes a one-car garage, additional parking, and a basement with its own entrance.

Property SizeContact for details
Days on Market33

Property Features for 4588 161st Street

General Information

Standard status Active
Property subtype Triplex
Zoning R5B/C2-2

Site & Location

Neighborhood Southwest Bronx
Highway Access Yes
Public Transit Yes
Utilities to Site Yes

Additional Details

Individually Metered Utilities electricity

Building Details

Year Built 1980
Stories 3
Construction brick
Listing Agency: Neil Charles Real Estate
Listed By: Ann Stettner · License #10401201931
Source: Neilcharlesrealestate
Added: Sep 28 Changed: Oct 30 Last Checked: Oct 30 at 1:59AM

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 Neil Charles Real Estate

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Investment Insights

Based on property information with market context.

Built in 1980, this brick triplex occupies a 20 x 100 ft lot, with approximate building dimensions of 20 x 52 ft. The basement has high ceilings and a separate entrance. The first floor contains one bedroom, a living room, and one full bathroom; each of the upper two floors has three bedrooms, two living areas, and 1.5 bathrooms. Four electric meters serve the property, and parking includes a one-car garage plus additional spaces.

The property is in Flushing, near shopping, supermarkets, the Q27 bus, Long Island Rail Road, and I-495. Zoning is R5B/C2-2.

Key Highlights

  • Triplex on a 20 x 100 ft lot; building dimensions are approximately 20 x 52 ft
  • First floor has 1 bedroom, a living room, and 1 full bathroom
  • Second and third floors each have 3 bedrooms, 2 living areas, and 1.5 bathrooms

Property Analytics

Lease Details

Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

4,762
Businesses Nearby

Demographics for 11358, NY

40,435
Population
13,806
Households
2.9
Avg Household Size
43
Median Age
37%
College-Educated
84%
High-School Grad
2.0 sq mi
ZIP Area
20,218
Density / Sq Mi
$88,729
Median Household Income
$46,875
Median Earnings
$2,086
Median Rent
$967,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - The residential property includes a one-car garage, additional parking, and a basement with its own entrance.
Where is this triplex located?
The property is located at 4588 161st Street New York, NY.
What is the asking price?
The asking price for this property is $1,780,000.
What are key features of this property?
This property features: Triplex on a 20 x 100 ft lot; building dimensions are approximately 20 x 52 ft; First floor has 1 bedroom, a living room, and 1 full bathroom; Second and third floors each have 3 bedrooms, 2 living areas, and 1.5 bathrooms
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