642 E 223rd Street

Bronx, NY 10466 Directions
$1,200,000
  • 7Bed
  • 4Baths
  • 0.06Acres
  • 1929Built

Property Highlights

  • Days on Market: 54
  • MLS: 952682
  • Listing Pending

Property Highlights

  • Days on Market: 54
  • MLS: 952682
  • Listing Pending

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...

Property Highlights

  • Days on Market: 54
  • MLS: 952682
  • Listing Pending

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.

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.

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  • Additional Information
    • Basement Description: Finished
    • Days On Market: 54
    • On Market Date: 2026-01-16
    • Parking: Driveway
    • Sewer: Public Sewer
    • Tax Amount: $19,169
    • Type: Residential Income
    • Unit Count: 4
    • Utilities: Natural Gas Available, Cable Connected, Electricity Connected, Natural Gas Connected, Water Connected
    • Year Built: 1929
  • Interior/Exterior Features
    • Beds: 7
    • Construction Materials: Brick
    • Cooling: Wall/Window Unit(s)
    • Full Baths: 4
    • Heat: Natural Gas
Listing Courtesy of Aaron Holness of AmeriHome Realty Corp.
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