About This Home

This 6-bedroom, 2-bathroom multi-family at 756 E 223rd Street in Bronx, NY is listed for $1,100,000. Built in 1925, on a 0.07 acres lot.

Key Features

  • Built in 1925
  • 0.07 acre lot

Property Details

2 full
2-car garage
1925

Amenities

HardwoodA/C
Listing Description

Rare opportunity to purchase 752 and 756 East 223rd Street together in the Bronx. This package offers immediate rental income with strong long-term upside and potential development value. 756 East 223rd Street is a legal 3-family property featuring a ground-floor 1-bedroom unit, a first-floor 3-bedroom unit, and a second-floor 2-bedroom unit.

The property is in good overall condition and currently produces income, with additional upside from lease stabilization and future repositioning. Both properties must be sold together, creating a unique opportunity for investors, end-users, or developers looking for a larger combined lot in a convenient North Bronx location.

The combined lots may offer the potential to build 10+ units, subject to zoning, approvals, and buyer due diligence. Whether held as an income-producing asset, improved over time, or explored as a future development site, this package offers multiple paths for value creation.

Conveniently located near public transportation, shopping, schools, and major roadways. Buyer must perform their own due diligence regarding zoning, buildable square footage, rental income, expenses, leases, permits, and development potential. Properties are being sold together and will not be sold separately.

Monthly Cost Estimate

$5,883/mo

20% down · 6.5% · 30 years

Principal$796
Interest$4,767
Insurance$321

Estimates only. Actual payments may vary.

Location

756 E 223rd Street

Bronx, NY 10466

Property Details

Flooring

VinylHardwood

Construction

Brick

Parking

Parking LotOversizeDrivewayGarage

Heating

OilRadiant

Cooling

Wall/Window Unit(s)Window Unit(s)

Questions & Answers

This 6-bedroom, 2-bathroom multi-family at 756 E 223rd Street is listed at $1,100,000. The estimated monthly payment is $5,883 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1925, 0.07 acre lot.

This property is listed by Steven M. Padernacht.

SP

Steven M. Padernacht

Agent at Keller Williams Realty NYC Group

Listed by Keller Williams Realty NYC Group · Broker phone: (718) 697-6800 · View on Broker Site

MLS# 1012433· Source: OneKey MLS· 139 days on PropertySimple

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

756 E 223rd Street, Bronx, NY 10466

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