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About the Listing AMHOME - 26198
Unrivaled Development Potential meets Solid Rental Income! This massive, fully detached brick legal 4-family home is situated in a rapidly evolving pocket of the Bronx. While currently operating as a high-income generating 4-unit property, recent zoning changes in the area provide a rare "value-add" opportunity for savvy investors to potentially convert this structure into a 6-9 unit residential building. The building is thoughtfully configured to maximize space: First Floor: Features two units—a spacious 1-bedroom apartment and a comfortable 2-bedroom apartment. Second Floor: Features two units—a 1-bedroom apartment and a large 3-bedroom apartment perfect for a primary resident or premium rental. Bonus Space: A full, finished basement offers incredible versatility for storage, utilities, or recreation. Key Features: Legal 4-Family with 6-9 unit conversion potential (verify with architect/Zoning). All-brick construction for durability and low maintenance. Detached layout providing excellent natural light on all sides. Private backyard and finished basement.
Listing Highlights
Interior Details
- Bedrooms: 7
- Bathrooms: 4 Full
- Appliances:
- Air Cond: Wall/Window Unit(s)
- Heating: Natural Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Finished
- Other: First Floor Bedroom
- Water: Public
Exterior Details
- Lot Description: No Waterfront
- Garage Capacity: N/A
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: Driveway
Financial Details
- Tax Amount: $19,170
- Taxes w/Assessments: N/A
- Tax/Property ID: 04824-0059
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
642 E 223rd St Bronx, NY 10466
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