$1,100,000

732 E 223rd St Bronx, NY 10466

Wakefield Neighborhood

Estimated payment $6,298/month

Total Views 615
7 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

Outstanding Investment Opportunity!

Presenting a high income, turn-key income property offering immediate and reliable cash flow. This fully leased asset features a generous 4-bedroom unit generating $4200 per month and a well-maintained 3-bedroom unit earning $3,800 per month. The property presents a great value-add opportunity with the possibility of legally converting the existing two-family layout into a three-family configuration, adding to overall revenue.

With all units occupied, investors can benefit from instant rental income without the downtime or expense associated with vacancy turnover. With dependable performance, low operational demands, and compelling long-term growth potential, this property serves as a valuable addition to any real estate portfolio.

Listing Agent

Chen Mishael

Corcoran Group License #10401212623 Listed on: 12/15/2025

Corcoran Group

Co-Listing Agent

Golda Mishael

Corcoran Group License #10401292206

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,236

Year Built

  • Built in 1915

Lot Details

  • 2,856 Sq Ft Lot
  • Lot Dimensions are 114.25x25.00

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 2-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 2 Full Bathrooms

Utilities

  • No Cooling

Community Details

  • 2 Units
  • Wakefield Subdivision

Listing and Financial Details

  • Legal Lot and Block 0066 / 04836

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,236

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Wakefield
  • Entry Level: 1
  • Structure Type: Townhouse
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Features: Smoke Free
  • Fireplace: No
  • Living Area Units: Square Feet
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 7

Exterior Features

  • View: Other
  • View: No
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: In Unit
  • Green Building Features: Green Building
  • Cooling: No

Condo/Co-op/Association

  • Common Interest: None

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 2856.25
  • Lot Size Dimensions: 114.25x25.00

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Units: 2
  • Total Stories: 2
  • Year Built: 1915

Tax Info

  • Tax Block: 04836
  • Tax Lot: 0066
  • Tax Annual: 7236.0

Multi Family

  • Building Area Units: Square Feet

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

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 $6,824 $36,014 $5,580 $30,434
2024 $6,824 $33,977 $6,105 $27,872
2023 $6,510 $32,054 $5,956 $26,098
2022 $6,080 $43,740 $9,120 $34,620
2021 $6,409 $41,220 $9,120 $32,100
2020 $6,353 $38,460 $9,120 $29,340
2019 $5,923 $38,280 $9,120 $29,160
2018 $5,445 $26,712 $7,061 $19,651
2017 $4,874 $25,380 $7,001 $18,379
2016 $4,764 $25,380 $8,573 $16,807
2015 $2,668 $25,010 $9,456 $15,554
2014 $2,668 $23,595 $9,295 $14,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2025 12/15/25 For Sale $1,100,000 +1.9% --
11/20/2025 11/20/25 For Sale $1,080,000 -- --
Source: Real Estate Board of New York (REBNY)

Purchase History

Date Type Sale Price Title Company
Deed $551,200 --
Deed $390,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $541,216 FHA
Previous Owner $351,000 Purchase Money Mortgage
Source: Public Records

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS20063605

Real Estate Board of New York (REBNY)

APN: 04836-0066

New York Bronx County Bronx 10466 Wakefield

732 E 223rd St, Bronx, NY

For Sale

MultiFamily

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Real Estate Board of New York (REBNY) This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

RLS Data display by Homes.com LLC

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Chen Mishael
Listing Agent
Chen Mishael
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Corcoran Group
(347) 997-8747