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Property 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!

Features
Heating System:
Oil, Baseboard
Cooling System:
No
Basement:
Finished, Full, Walk-out Access, Storage Space
Appliances:
Refrigerator
Community Features:
Park
Fireplaces Total:
0
Flooring:
Hardwood
Garage Spaces:
4
Interior Features:
Eat-in Kitchen, High Ceilings, Walk Through Kitchen, First Floor Bedroom, First Floor Full Bath, Crown Molding, Natural Woodwork
Lot Features:
Near Public Transit, Level, Near School, Near Shops, Back Yard
Parking Features:
Driveway, Shared Driveway, Off Street
Sewer:
Public Sewer
Utilities:
Trash Collection Public
Address Map
City:
NY
State:
NY
County:
Bronx County
Directions:
Google.. ............................
Property and Construction
Architectural Style:
Contemporary
Association Amenities:
Park
Construction Materials:
Frame
Development Status:
Brick
Elementary School:
Contact Agent
High School:
Contact Agent
Inclusions:
Refrigerator
Levels:
Two
Agent MlsId:
20955
Office MlsId:
RUTENB
MiddleOrJunior School:
Contact Agent
New Construction:
1
Number Of Units:
4
Property Condition:
Good
Senior Community:
1
Special Listing Conditions:
No
Tax Annual Amount:
$13,469
Water Source:
Public
PhotosCount:
27

Residential Income For Sale

632 223rd Street, New York, NY

7 Bedrooms
4 Bathrooms
$1,299,000
Listing ID #838830
Basic Details
Property Type :
Residential Income
Property SubType :
Quadruplex
Listing ID :
838830
Price :
$1,299,000
Bedrooms :
7
Bathrooms :
4
Bathrooms Total :
4
Building Area :
3,280 Sqft
Year Built :
1929
Status :
Active
Status :
Active
Listing Office :
Charles Rutenberg Realty, Inc.
Listing Agent :
Ofoegbulam C. Igwe
Agent info
Kasner Properties
284 W Park Ave Long Beach, NY 11561
Contact Agent
Walkscore
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