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.
Details
| MLS # | 1012433 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1925 |
| Days On Site | 73 |
| Listing Provided By | Keller Williams Realty NYC Grp | Steven M. Padernacht |
Features
| Bed(s) | 6 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,614 |
| Garage | 2 |
| Units | 3 |
| Acreage | 0.07 |
Interior
| Cooling | Wall/Window Unit(s) |
|---|---|
| Heating | Oil, Radiant, See Remarks, Other |
| Interior Features | Other |
Exterior
| Construction Materials | Brick |
|---|
Parking
| Garage Yes / No | Yes |
|---|---|
| Parking Features | Detached, Driveway, Garage, Oversized, Parking Lot, Private |
Utilities
| Utilities | Cable Available, Cable Connected, Electricity Connected, Natural Gas Connected, See Remarks, Sewer Available, Sewer Connected |
|---|---|
| Sewer | Public Sewer |
Taxes
| Tax Year | 2025 |
|---|---|
| Tax Assessed Value | 39720 |
| Tax Annual Amount | 6158.48 |
Area Information
| State | NY |
|---|---|
| County | Bronx County |
| City | Bronx |
| Zip Code | 10466 |
| School District | Contact Agent |
| Elementary School | Contact Agent |
| High School | Contact Agent |
| Listing VS Median (in 10466) | |
Price: $1,150,000 low | high Med: $700,000 sqft: 1,614 low | high Med: 1,852 $ / sqft: $713 low | high Med: $378 On site: 73 low | high Med: 5 | |
Market Activity 10466
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Learn More About This Property
| State | NY |
|---|---|
| County | Bronx County |
| City | Bronx |
| Zip Code | 10466 |
| School District | Contact Agent |
| Elementary School | Contact Agent |
| High School | Contact Agent |
| Listing VS Median (in 10466) | |
Price: $1,150,000 low | high Med: $700,000 sqft: 1,614 low | high Med: 1,852 $ / sqft: $713 low | high Med: $378 On site: 73 low | high Med: 5 | |
