756 E 223rd St - Apartments FOR SALE


Bronx, NY 10466- Williamsbridge
$1,100,000 USD
607-669-3361
756 E 223rd St, Bronx, NY for Sale
$1,100,000 USD
Apartments - FOR SALE
1/9
null | Request Cap Rate

756 E 223rd St
Bronx, NY 10466
Williamsbridge


OVERVIEW

Rare opportunity to purchase 752 and 756 East 223rd Street together in the Bronx. This package offers immediate rental income with strong long-term upside and potential development value. 756 East 223rd Street is a legal 3-family property featuring a ground-floor 1-bedroom unit, a first-floor 3-bedroom unit, and a second-floor 2-bedroom unit. The property is in good overall condition and currently produces income, with additional upside from lease stabilization and future repositioning. Both properties must be sold together, creating a unique opportunity for investors, end-users, or developers looking for a larger combined lot in a convenient North Bronx location. The combined lots may offer the potential to build 10+ units, subject to zoning, approvals, and buyer due diligence. Whether held as an income-producing asset, improved over time, or explored as a future development site, this package offers multiple paths for value creation. Conveniently located near public transportation, shopping, schools, and major roadways. Buyer must perform their own due diligence regarding zoning, buildable square footage, rental income, expenses, leases, permits, and development potential. Properties are being sold together and will not be sold separately.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$385 USD /SF

# OF UNITS

3

PRICE/UNIT

$366,667

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bronx MF W/ Attached Lot for Sale

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1925

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,116 SF

ZONING

R5

APN/PARCEL ID

04836-0077

ASK ABOUT THIS PROPERTY

Steven PadernachtThe Padernacht Real Estate TeamMore Info
607-669-3361

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Steven PadernachtThe Padernacht Real Estate TeamMore Info
607-669-3361

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