632 E 223rd ST Bronx, NY 10466
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID KEY838830
Style Contemporary
Bedrooms 7
Full Baths 4
Originating Board onekey2
Rental Info No
Year Built 1929
Annual Tax Amount $13,469
Lot Size 2,535 Sqft
Acres 0.0582
Property Sub-Type Quadruplex
Property Description
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!
Location
State NY
County Bronx County
Rooms
Basement Finished, Full, Storage Space, Walk-Out Access
Interior
Interior Features First Floor Bedroom, First Floor Full Bath, Crown Molding, Eat-in Kitchen, High Ceilings, Natural Woodwork, Walk Through Kitchen
Heating Baseboard, Oil
Cooling None
Flooring Hardwood
Fireplace No
Exterior
Parking Features Driveway, Off Street, Shared Driveway
Utilities Available Trash Collection Public
Amenities Available Park
Garage false
Building
Lot Description Back Yard, Level, Near Public Transit, Near School, Near Shops
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
Elementary Schools Contact Agent
Middle Schools Contact Agent
High Schools Contact Agent
School District Bronx
Others
Senior Community No
Special Listing Condition None