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$1,250,000

2323 Powell Ave Bronx, NY 10462

4 beds
4 full
0.1 acres
Multi-Family

Property details

About 2323 Powell Ave

**An Unparalleled Opportunity: Tudor Two-Family Home with Development Potential in Castle Hill** Discover an exceptional investment or owner-occupancy opportunity at 2323 Powell Avenue, a distinguished Tudor-style two-family home nestled in the vibrant Castle Hill section of the Bronx, NY. This unique property sits proudly on an expansive 50x103 foot lot, offering significant space and versatility. The residence features a generously sized **three-bedroom duplex** that serves as the main living space. This charming unit boasts a well-appointed kitchen, a dedicated dining area perfect for gatherings, and two full bathrooms, providing comfortable and flexible living. Additionally, the property includes a separate **one-bedroom apartment**, ideal for rental income or an extended family member. Adding to its appeal is a **bonus studio apartment**, further enhancing the income potential or offering additional flexible space. Beyond the existing charming structure, this property's true value is amplified by its **R5 zoning**, allowing for a maximum Floor Area Ratio (FAR) of 6,438 buildable square feet. This zoning designation, combined with the substantial lot size, makes 2323 Powell Avenue an **ideal canvas for investors and developers** seeking to maximize their return in a burgeoning urban landscape. The large lot also provides ample space for **parking several vehicles**, a highly sought-after amenity in New York City, adding convenience for residents and tenants alike. Located in a **great location close to all amenities**, residents will enjoy easy access to local shops, diverse dining options, public transportation (including express buses and subway lines for a quick commute to Manhattan), schools, and recreational parks. This property offers a rare combination of charming residential living with significant development upside in a prime Bronx neighborhood. Don't miss this opportunity to acquire a versatile asset with immense potential. Property is selling as is and predates CO.

Highlights

Home typeDuplex
HeatingNatural Gas
StatusActive
Lot size0.1182 Acres
Year built1920
MLS #881771

Summary

  • Full Bathrooms: 4
  • Basement: No
  • Interior: First Floor Bedroom
  • Total Bedroom Count: 4
  • Heating: Natural Gas
  • Cooling: None
  • List Price: $1,250,000
  • Annual Tax Amount: $6,447
  • Tax Year: 2024
  • Year Built: 1920
  • Lot Size: 0.1182 Acres
  • MLS Number: 881771
  • MLS Name: ONEKEY2
  • Office Name: EXIT Realty Private Client
  • Office Phone: (914) 222-1000

IDX Listings courtesy of OneKey MLS as distributed by MLS GRID.

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. Properties displayed may be listed or sold by various participants in the MLS.

DMCA Notice

IDXThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.

Information Copyright 2025, OneKey™ MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 7/21/2025, 11:56:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Oct 14, 1999
Home Sold
$185,000

Tax history

YearAssessmentProperty Tax
2024$32,099$6,447
2023$40,500$6,397
2021$31,200$5,966
2020$34,440$5,661
2018$26,545$5,104
2017$25,043$4,723

History based on county public records data.

Nearby schools

5

P.S. 36 Unionport School

Public District KG-5

0.3 mi

1070 Castle Hill Ave

4

P.S. 106 Parkchester School

Public District PK-5

0.6 mi

1514 Olmstead Ave

3

Linden Tree Elementary School

Public Magnet PK-5

0.6 mi

1560 Purdy St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $39,968. Typical income of Bronx, NY residents is between $35k-100k annually. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

45%
<35k
48%
35k-100k
7%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

33%
Single, No Kids
26%
Single, with Kids
17%
Married, No Kids
24%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
10%
12-17 yrs old
23%
18-34 yrs old
33%
35-64 yrs old
18%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Pro BoxingPro Boxing

Where do the neighbors shop?

  • Foot LockerFoot Locker
  • H&MH&M
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Little CaesarsLittle Caesars
  • PopeyesPopeyes
  • White CastleWhite Castle

What do the neighbors drive?

  • DodgeDodge
  • NissanNissan
  • KiaKia

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 2323 Powell Ave

The listing price of 2323 Powell Ave property is $1,250,000.

The property 2323 Powell Ave is a multi located in Bronx, New York, 10462.

Active Listing: 2323 Powell Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 2323 Powell Ave are: P.S. 36 Unionport School (GreatSchools Rating 5/10), P.S. 106 Parkchester School (GreatSchools Rating 4/10), Linden Tree Elementary School (GreatSchools Rating 3/10), P.S./M.S. 194 Bronx (GreatSchools Rating 5/10), J.H.S. 127 Castle Hill (GreatSchools Rating 4/10), Blueprint Middle School (GreatSchools Rating 4/10), Renaissance High School for Musical Theater and Technology (GreatSchools Rating 4/10), Westchester Square Academy (GreatSchools Rating 4/10), Pelham Lab High School (GreatSchools Rating 2/10).

According to the records, the last property tax for 2024 is $6,447 (source: MLS/based on county public records data).

The last sale was on October 14, 1999 for $185,000 (source: MLS/tax record).

The year of construction for 2323 Powell Ave is 1920.

This home is located at 2323 Powell Ave in Bronx, NY and zip code 10462 in the Castle Hill neighborhood. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since June 24, 2025 and is currently priced at $1,250,000.

Bronx, NY housing market in June 2025 saw over 33 listings sold above listed price, more than 40 sold at listed price and over 71 sold below. The number of homes for sale in Bronx, NY decreased by 2.3% between May and June 2025. Listings spent 87 days on the market in June 2025, and had a median list price of $610,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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