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$ 1,125,000
Est. payment /mo
Price Dropped by $75K
642 E 223rd ST Bronx, NY 10466
7 Beds
4 Baths
2,535 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 952682
Bedrooms 7
Full Baths 4
Rental Info No
Year Built 1929
Annual Tax Amount $19,169
Lot Size 2,535 Sqft
Acres 0.0582
Property Sub-Type Quadruplex
Source onekey2
Property Description
Unrivaled Development Potential meets Solid Rental Income! This massive, fully detached brick legal 4-family home is situated in a rapidly evolving pocket of the Bronx. While currently operating as a high-income generating 4-unit property, recent zoning changes in the area provide a rare "value-add" opportunity for savvy investors to potentially convert this structure into a 6-9 unit residential building.
The building is thoughtfully configured to maximize space:
First Floor: Features two units—a spacious 1-bedroom apartment and a comfortable 2-bedroom apartment.
Second Floor: Features two units—a 1-bedroom apartment and a large 3-bedroom apartment perfect for a primary resident or premium rental.
Bonus Space: A full, finished basement offers incredible versatility for storage, utilities, or recreation.
Key Features:
Legal 4-Family with 6-9 unit conversion potential (verify with architect/Zoning).
All-brick construction for durability and low maintenance.
Detached layout providing excellent natural light on all sides.
Private backyard and finished basement.
The building is thoughtfully configured to maximize space:
First Floor: Features two units—a spacious 1-bedroom apartment and a comfortable 2-bedroom apartment.
Second Floor: Features two units—a 1-bedroom apartment and a large 3-bedroom apartment perfect for a primary resident or premium rental.
Bonus Space: A full, finished basement offers incredible versatility for storage, utilities, or recreation.
Key Features:
Legal 4-Family with 6-9 unit conversion potential (verify with architect/Zoning).
All-brick construction for durability and low maintenance.
Detached layout providing excellent natural light on all sides.
Private backyard and finished basement.
Location
State NY
County Bronx County
Rooms
Basement Finished
Interior
Interior Features First Floor Bedroom
Heating Natural Gas
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Parking Features Driveway
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Water Connected
Garage false
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Others
Senior Community No
Special Listing Condition None
Listed by AmeriHome Realty Corp. • Aaron M. Holness
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