Seller's Agent in 2024
Michael Moretti
eRealty Advisors, Inc
(914) 539-5912
1 in this area
22 Total Sales
Introducing 721 East 222nd Street, a legal 5-family gem in the Bronx, ready for an investor's touch. This three-level building, with a usable basement, is vacant and partially gutted, primed for transformation to maximize market rents. No rent-stabilized or controlled units, paving the way for income optimization. The building features a decade-strong roof and is prepped for tenant-paid utilities, with the oil tank removed and 6 gas/electric meters installed. Con Edison is set to enhance power with a 600amp triple-phase service upgrade. Located near the 2/5 subway lines, the property ensures easy commute, boosting tenant appeal. It offers one parking spot and a spacious storage shed, adding convenience. This property is an investor's canvas, ready to be transformed into a lucrative asset in a resilient and growing borough. Seize this opportunity to be part of the Bronx renaissance.
Last Agent to Sell the Property
eRealty Advisors, Inc Brokerage Phone: (914) 712-6330 License #10301215006 Listed on: 02/08/2024
Last Buyer's Agent
eRealty Advisors, Inc Brokerage Phone: (914) 712-6330 License #10301215006 Listed on: 02/08/2024
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/25/2024 03/25/24 | Sold | $1,050,000 | 0.0% | $333 / Sq Ft |
| 02/20/2024 02/20/24 | Pending | -- | -- | -- |
| 02/12/2024 02/12/24 | Off Market | $1,050,000 | -- | -- |
| 02/08/2024 02/08/24 | For Sale | $1,299,999 | 0.0% | $413 / Sq Ft |
| 12/10/2015 12/10/15 | For Rent | $1,250 | -1.6% | -- |
| 12/10/2015 12/10/15 | Rented | $1,270 | -- | -- |
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $8,770 | $75,043 | $1,165 | $73,878 |
| 2024 | $8,770 | $70,149 | $1,126 | $69,023 |
| 2023 | $8,228 | $67,074 | $1,256 | $65,818 |
| 2022 | $7,600 | $200,250 | $4,500 | $195,750 |
| 2021 | $0 | $235,440 | $4,500 | $230,940 |
| 2020 | $7,200 | $190,620 | $4,500 | $186,120 |
| 2019 | $6,806 | $190,620 | $4,500 | $186,120 |
| 2018 | $6,562 | $51,595 | $1,462 | $50,133 |
| 2017 | $6,078 | $47,784 | $1,422 | $46,362 |
| 2016 | $6,160 | $47,784 | $1,527 | $46,257 |
| 2015 | $3,703 | $44,404 | $1,428 | $42,976 |
| 2014 | $3,703 | $41,509 | $1,603 | $39,906 |
Seller's Agent in 2024
Michael Moretti
eRealty Advisors, Inc
(914) 539-5912
1 in this area
22 Total Sales
N
Seller's Agent in 2015
Nikolas Stanovic
Howard Hanna Rand Realty
Source: OneKey® MLS
MLS Number: KEY6288297