$1,200,000

642 E 223rd Street, Bronx, NY 10466

  • 7 beds |
  • 4 baths |
  • 3,280 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1929
  • Property Lot Size Icon2,535sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $366/sqft
  • Property List Date Icon Listed 22 days ago

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.

Listing Status:
Active
Data Last Updated:
February 7, 2026 at 10:22PM
Listing Office:
AmeriHome Realty Corp. : 718-654-4026
MLS ID:
952682
  • General: First Floor Bedroom
  • Basement: Finished
  • A/C: Wall/Window Unit(s)
  • Heating: Natural Gas
  • Parking: Driveway
  • Originating MLS: onekey2
  • County: Bronx County
  • Zoning: 04824-0059
  • Utilities: Cable ConnectedElectricity ConnectedNatural Gas ConnectedWater Connected
  • Water: Public
  • Sewer: Public Sewer
  • Source: onekey2

Presented by Veterans United Realty

This listing courtesy of AmeriHome Realty Corp.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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