• Asking Price $1,299,000
  • Estimated Value: $1,255,791
  • 632 E 223RD ST BRONX, NY 10466

  • 7 Beds 4 Baths
  • Multi-family (5 or more units) / Resale (MLS)

Property Details for 632 E 223RD ST, BRONX, NY 10466

Features

  • Lot Size: 0.06 acres
  • Total Units: 4
  • Total Rooms: 10
  • Room List: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4
  • Stories: 2
  • Heating: Baseboard, Oil

Facts

  • Year Built: 01/01/1929
  • Property ID: 987632397
  • MLS Number: 838830
  • Parcel Number: 04824-0055
  • Property Type: Multi-family (5 or more units)
  • County: BRONX
  • Zoning: R6A
  • Listing Status: Active

Pre-Foreclosure Info

  • Date Defaulted Lien: 10/09/2019
  • Amount Defaulted: $520,148
  • Recording Date: 10/09/2019
  • Recording Year: 2019

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. Prime Investment Property with Development Potential in Williamsbridge Four-Family Residential with C3/R6 Zoning and Air RightsnnPresenting an exceptional investment opportunity in the desirable Williamsbridge section of the Bronx! This four-family residential building is located in a sought-after C3/R6 zoning district, offering significant development potential. The property includes one 3-bedroom unit with one bath, one 2-bedroom unit with one bath, and two 1-bedroom units with one bath each, all in good condition and ready for immediate rental or occupancy.nnIn addition to its attractive rental income potential, the property features a commercial overlay (C3) that allows for a variety of uses, opening doors to both residential and commercial opportunities. The property also benefits from valuable air rights, offering a unique chance for future expansion or development, allowing you to maximize the propertys potential.nnKey Features:n- **Four Rental Units**: One 3-bedroom, one 2-bedroom, and two 1-bedroom units all with one bath eachn- **Zoning**: C3/R6 with a commercial overlay and valuable air rights for potential future developmentn- **Heating**: Oil (Above Ground)n- **Large Finished Basement**: Additional space for storage or possible future conversionn- **Excellent Location**: Close to all transportation options for easy access to Manhattan and beyondn- **Investment Opportunity**: High rental income potential with room for growth, both residential and commercialnnWith the combination of prime location, solid rental income, and significant development opportunities through the commercial overlay and air rights, this property offers tremendous long-term value. Dont miss out on this unique chance to invest in one of the Bronxs most promising areasschedule a viewing today!

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Property Brokerage: Charles Rutenberg Realty, Inc. 255 Executive Dr Plainview NY 11803
Copyright © 2025 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.



All information provided is deemed reliable, but is not guaranteed and should be independently verified.