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Sold for $600,000 on 09/09/22
  • $600,000

    1723 E 172nd St, Bronx, NY 10472

    8beds
    1baths
    5,040sqft
    MultiFamily
    Built in 1928
    -- sqft lot
    $1,117,800 Zestimate®
    $119/sqft
    $3,085 Estimated rent

    What's special

    6 unit building with 5 residential and 1 commercial units with great upside from increasing current low rents. Total Annual Residential Revenue: $68,350.92 (No one has any leases and everyone is paying under market value.) 2015 Projected Annual Rent Roll: $100,000 CAP Rate after rent increase will exceed 9% Expenses: Super: $1,800 Tax:$ 13,287 Water: $5,854 Oil: $8k Electric: $1,000 Insurance: $3,000 Detailed Rent Roll: Apt #1 Lease Term: N/A Bedrooms:1 Current Rent Fee: $900.00 Apt #2 Lease Term:N/A Bedrooms:2 Current Rent Fee: $950.00 Apt #3 Lease Term:N/A Bedrooms:1 Current Rent Fee: $765.91 Apt #4 Lease Term:N/A Bedrooms:2 Current Rent Fee: $1,180.00 Apt #5 Lease Term:N/A Bedrooms:1 Current Rent Fee: $800.00 Comm Lease Term:N/A Current Rent Fee: $1,100 Building Info: Built Area - 5,040 ft2 (Average ~720 ft2 per unit) Lot Area - 2,000 ft2 (20.0 100.0) FAR - 2.52 Zoning District - R5

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 1
    Heating
    • Forced air
    Appliances
    • Included: Range / Oven, Refrigerator
    Features
    • Flooring: Hardwood
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 5,040 sqft

    Property

    Parking
    • Parking features: On-street
    Lot
    • Size: 2,000 sqft
    Details
    • Parcel number: 038730008

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1928

    Community & neighborhood

    Location
    • Region: Bronx
    Services availability