756 E 223rd Street, Bronx, NY 10466
- $1,150,000
- 6
- BD
- 2
- BA
- List Price
- $1,150,000
- Days on Market
- 50
- MLS#
- 1012433
- Status
- ACTIVE
- Bedrooms
- 6
- Bathrooms
- 2
- Lot Size
- 2856
Property Description
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.
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Additional Information
- Year Built
- 1925
- School District
- Contact Agent
- Elementary School
- Contact Agent
- Middle School
- Call Listing Agent
- High School
- Contact Agent
- Taxes Total
- 6158
- Heating
- Oil, Radiant, See Remarks, Other
- Parking
- Detached, Driveway, Garage, Oversized, Parking Lot, Private
- Water
- Public
- Sewer
- Public Sewer
- Taxes
- $6,158
Mortgage Calculator
Listing courtesy of Listing Agent: Steven M. Padernacht (smprealty@gmail.com) from Listing Office: Keller Williams Realty NYC Grp.
Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.