746 E 215th St - Multi-Family FOR SALE


Bronx, NY 10467- Williamsbridge
$1,350,000 USD
973-873-8444
746 E 215th St, Bronx, NY for Sale
$1,350,000 USD
Multi-Family - FOR SALE
1/5
null | 9.48% Cap Rate

746 E 215th St
Bronx, NY 10467
Williamsbridge


HIGHLIGHTS

  • three story fully brick
  • free market
  • ground floor

OVERVIEW

746 E 215th Street is a rare, fully detached 4-family property offering scale, flexibility, and serious upside in a strong R6A zoning district in the Bronx. Set on an expansive 27' x 125' lot, the property features a 20' x 68' building with a private front driveway and garage—an increasingly scarce amenity that immediately boosts both tenant appeal and long-term value. The building’s detached configuration provides excellent light, air, and privacy across all units, enhancing livability and rental demand. A standout feature is the fully above-grade ground floor that spans the entire footprint of the building, complete with windows and natural light throughout. This space offers strong potential for a variety of uses, including commercial conversion, live/work setup, or additional income-producing configuration (subject to approvals). In a zoning envelope like R6A, this flexibility is a major value driver. The property’s layout and structure support stable multifamily ownership with clear upside through repositioning, rent optimization, or adaptive use of the lower level. Whether held as a long-term income asset or upgraded for higher-end tenancy, the fundamentals are solid: detached construction, parking, zoning depth, and usable square footage in a growing residential corridor. A true value-add opportunity where location, zoning, and physical layout combine to create multiple paths to increase income and long-term equity.

FOR SALE DETAILS

PRICE

$1,350,000 USD

PRICE/SF

$363 USD /SF

# OF UNITS

5

PRICE/UNIT

$270,000

CAP RATE

9.48%

% LEASED

80%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

ADD'L SUBTYPES

Storefront Retail/Residential, Apartments, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1928

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,072 SF

ZONING

R5A

APN/PARCEL ID

04662-0048

ASK ABOUT THIS PROPERTY

Avraham BirnbaumTwelve Stones Realty LLCMore Info
973-873-8444

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Avraham BirnbaumTwelve Stones Realty LLCMore Info
973-873-8444

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.