$10,000 Closing Credit¹
#822345, Listing Office: RE/MAX Distinguished Hms.&Prop
$1,299,000 List price
632 E 223rd St Bronx, NY 10466
$10,000
Closing credit¹
7 beds
4 full
0.06 acres
Multi-Family
Property details
About 632 E 223rd St
Prime Investment Property with Development Potential in Williamsbridge – Four-Family Residential with C3/R6 Zoning and Air Rights Presenting an exceptional investment opportunity in the desirable Williamsbridge section of the Bronx! This four-family residential building is located in a sought-after C3/R6 zoning district, offering significant development potential. The property includes one 3-bedroom unit with one bath, one 2-bedroom unit with one bath, and two 1-bedroom units with one bath each, all in good condition and ready for immediate rental or occupancy. In addition to its attractive rental income potential, the property features a commercial overlay (C3) that allows for a variety of uses, opening doors to both residential and commercial opportunities. The property also benefits from valuable air rights, offering a unique chance for future expansion or development, allowing you to maximize the property’s potential. Key Features: - **Four Rental Units**: One 3-bedroom, one 2-bedroom, and two 1-bedroom units – all with one bath each - **Zoning**: C3/R6 with a commercial overlay and valuable air rights for potential future development - **Heating**: Oil (Above Ground) - **Large Finished Basement**: Additional space for storage or possible future conversion - **Excellent Location**: Close to all transportation options for easy access to Manhattan and beyond - **Investment Opportunity**: High rental income potential with room for growth, both residential and commercial With the combination of prime location, solid rental income, and significant development opportunities through the commercial overlay and air rights, this property offers tremendous long-term value. Don’t miss out on this unique chance to invest in one of the Bronx’s most promising areas—schedule a viewing today!
Highlights
Home typeQuadruplex
HeatingBaseboard, Oil
StatusActive
BasementYes
Lot size0.0582 Acres
Year built1929
ParkingDriveway, Off Street, Shared Driveway
MLS #838830
Summary
- Full Bathrooms: 4
- Basement: Yes
- Flooring Type: Hardwood
- Interior: Crown Molding, Eat-in Kitchen, High Ceilings, Natural Woodwork, Walk Through Kitchen
- Total Bedroom Count: 7
- Parking: Driveway, Off Street, Shared Driveway
- Architectural Style: Contemporary
- Heating: Baseboard, Oil
- Cooling: None
- List Price: $1,299,000
- Annual Tax Amount: $18,946
- Tax Year: 2024
- Lot: Back Yard, Level, Near Public Transit
- Year Built: 1929
- Lot Size: 0.0582 Acres
- MLS Number: 838830
- MLS Name: ONEKEY2
- Office Name: Charles Rutenberg Realty, Inc.
- Office Phone: (516) 575-7500
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.
The 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: 4/28/2025, 6:11:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$1,299,000
632 E 223rd St
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Feb 09, 1999 | Home Sold | $245,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $151,549 | $18,946 |
| 2023 | $251,550 | $17,550 |
| 2021 | $231,750 | $- |
| 2020 | $237,600 | $15,016 |
| 2018 | $107,983 | $12,721 |
| 2017 | $100,018 | $11,939 |
History based on county public records data.
Nearby schools
8
Bronx Charter School for Excellence 4
Public Charter KG-3
0.1 mi
•3956 Carpenter Ave
9
Bronx Charter School for Excellence 3
Public Charter KG-4
0.1 mi
•3956 Carpenter Ave
2
P.S. 21 Philip H. Sheridan School
Public District KG-5
0.2 mi
•715 E 225th 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 $54,873. Typical income of Bronx, NY residents is between $35k-100k annually. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
33%
<35k
50%
35k-100k
18%
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?
51%
Single, No Kids
27%
Single, with Kids
8%
Married, No Kids
14%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
10%
12-17 yrs old
27%
18-34 yrs old
39%
35-64 yrs old
7%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Major League Soccer (MLS)
Where do the neighbors shop?
H&M
Burlington
Foot Locker
Where do the neighbors go to eat?
Boston Market
White Castle
Little Caesars
What do the neighbors drive?
Honda
Kia
Dodge
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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This home is located at 632 E 223rd St in Bronx, NY and zip code 10466 in the Williamsbridge neighborhood. Features: 7 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since March 21, 2025 and is currently priced at $1,299,000.
The inventory of homes for sale in Bronx, NY between February and March 2025 increased by 7.2%. In March 2025, listings were on the market for 139 days. During the same period, the median list price in this real estate market was $592,868.
From Rocket Homes Real Estate and based on county public records data.