#885287, Listing office: Han Tang Realty Inc.
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
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
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Price information
Property sales
Date | Event | Price |
---|---|---|
Oct 14, 1999 | Home Sold | $185,000 |
Tax history
Year | Assessment | Property 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.
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.
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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.