642 E 223rd Street, Bronx, NY 10466

8 Total Photos [Click to View All]

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.

642 E 223rd Street | MLS# 952682

This multi-family property located at 642 E 223rd Street, Bronx, NY 10466 is currently listed for sale with an asking price of $1,125,000. Search Bronx real estate on www.timberlandproperties.com today.

Gallery

Property Features

Property Type: Multi Unit - Multiple
Basement: Finished
Basement: Yes
Cooling: Wall/Window Unit(s)
Heating: Natural Gas
Lot Size: 0.06 Acres
Taxes: $19,169
Year Built: 1929

Amenities

First Floor Bedroom

Feature Descriptions

Building Area Total: 3280
Days on Site: 90
Exterior: Brick
On Market Date: 2026-01-16
Parcel Number: 04824-0059
Parking Features: Driveway
Rental Term: Monthly
Sewer: Public Sewer
Units: 4
Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Water Connected
Water: Public

Estimate Your Payment

Estimated Payment

$ 4,429.30 per month $2,503.76 Principal & Interest $1,597.42 Property Tax $328.13 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Demographics

Listed By / Shown By

Listing By

Agency Name: AmeriHome Realty Corp.
Agency Phone: 718-654-4026

Shown By

Agency Title: Timberland Properties
Agency Phone: 845-586-3321

IDX logo

Login to My Homefinder

Pixel