Total Square Feet
2,340 SF
Asking Price
$1,400,000
Block / Lot
4824 / 52
Price Per SF
$219
Cap Rate
7%
Residential Units
8
Price Per Unit
$175,000
For sale
626 East 223rd Street, The Bronx, NY, USA
Bronx, New York
Located on the south side of East 223rd Street between Carpenter Avenue and White Plains Road
- Multi-level
Key Details
Investment Highlights
- Cap Rate 7% | Price Per SF $219
- 35-year 421a tax abatement in place, expires 2053. Tax class 2B
- No deferred maintenance priced below replacement cost
- Government secured income from programs
- Quiet, residential block
Property Overview
626 East 223rd Street is a 4-story walk-up building with 8 apartments built in 2018, located in the Wakefield neighborhood of the Bronx.
Please reach out to exclusive brokers with any questions about the opportunity.
Brokers
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For sale
626 East 223rd Street, The Bronx, NY, USA
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