Bronx

Address: ‎632 E 223rd Street

Zip Code: 10466

4 fam, 7 bed, 4 bath

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$1,299,000

ID # 838830

English

Broker Contact

Charles Rutenberg Realty, Inc. Office: ‍516-575-7500

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ID #‎ 838830
Details4 fam, 7 bed, 4 bath, Lot Size: 0.06 acres, 4 Units in the building
(DOM): 4 days
Construction Year1929
Taxes
(per year)
$13,469
Fuel TypeOil
BasementFull basement

Home price

$1,299,000

Loan amt (per month)

$4,926

Down payment

$519,600

Interest Rate
Length of Loan

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房屋英文概況 English Description

Prime Investment Property with Development Potential in Williamsbridge – Four-Family Residential with C3/R6 Zoning and Air Rights

Presenting 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.

In 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 property’s potential.

Key Features:
- **Four Rental Units**: One 3-bedroom, one 2-bedroom, and two 1-bedroom units – all with one bath each
- **Zoning**: C3/R6 with a commercial overlay and valuable air rights for potential future development
- **Heating**: Oil (Above Ground)
- **Large Finished Basement**: Additional space for storage or possible future conversion
- **Excellent Location**: Close to all transportation options for easy access to Manhattan and beyond
- **Investment Opportunity**: High rental income potential with room for growth, both residential and commercial

With 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. Don’t miss out on this unique chance to invest in one of the Bronx’s most promising areas—schedule a viewing today! © 2024 OneKey™ MLS, LLC

Courtesy of Charles Rutenberg Realty, Inc.

公司: ‍516-575-7500




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$1,299,000

ID # 838830
‎632 E 223rd Street
Bronx, NY 10466
4 fam, 7 bed, 4 bath


Listing Agent(s):‎
Are you the listing agent?
Sign up to add your name and cell #‎

Office: ‍516-575-7500

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