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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.

Features
Heating System:
Natural Gas
Cooling System:
Wall/window Unit(s)
Basement:
Finished
Interior Features:
First Floor Bedroom
Parking Features:
Driveway
Sewer:
Public Sewer
Utilities:
Natural Gas Connected, Electricity Connected, Cable Connected, Water Connected
Address Map
City:
NY
State:
NY
County:
Bronx County
Property and Construction
Development Status:
Brick
Agent MlsId:
26198
Office MlsId:
AMHOME
Number Of Units:
4
Special Listing Conditions:
No
Tax Annual Amount:
$19,170
Water Source:
Public
PhotosCount:
8

Residential Income For Sale

642 223rd Street, New York, NY

7 Bedrooms
4 Bathrooms
$1,200,000
Listing ID #952682
Basic Details
Property Type :
Residential Income
Property SubType :
Quadruplex
Listing ID :
952682
Price :
$1,200,000
Bedrooms :
7
Bathrooms :
4
Bathrooms Total :
4
Building Area :
3,280 Sqft
Year Built :
1929
Status :
Active
Status :
Active
Listing Office :
AmeriHome Realty Corp.
Listing Agent :
Aaron M. Holness
Agent info
Kasner Properties
284 W Park Ave Long Beach, NY 11561
Contact Agent
Walkscore
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