4200 E Tremont Avenue

Throggs Neck, New York City, NY · 4 days on market · View on Zillow

4200 E Tremont Avenue

$850K somewhere else buys…

5 bedrooms · 3 baths · 2,040 sqft · 3,424 sqft lot

Built 1955 · 1 Garage space · $417/sqft (city median $730)

Welcome to this investment opportunity in the desirable Throggs Neck section of the Bronx. This corner two-family property offers a versatile layout featuring a 3-bedroom, 2-bath residence over a spacious 2-bedroom, 1-bath duplex, providing excellent potential for investors, owner-occupants, or multi-generational living. Situated on a corner lot, the property is complete with a one-car garage, a…

What this place offers

  • Heating: Other
  • 1 Garage space
  • Garage

The numbers

$8K/yr

Property tax (actual rate)

$3K/yr

Insurance (quoted)

$850,000

Down payment20% · $170,000
%
Mortgage (principal + interest)$4,253
Property tax$687
Home insurance$255
All-in monthly$5,196/mo

You'd need about $222,665/yr in household income (28% rule) plus $170,000 in cash.

Would rent for ~$4,250/mo · 6.0% gross yield

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