# 760 E 232nd Street, Bronx, NY 10466

> **TL;DR:** commercial, $999,900, built 1926.
> A/C. Est. $5,348/mo. Listed 3 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $999,900 |
| Year Built | 1926 |
| Lot Size | 3,724 sqft (0.09 acres) |
| Stories | 4 |
| Property Type | Commercial (Other) |
| Status | Active |
| Days on Market | 3 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $5,056 |
| Estimated Insurance | $292 |
| **Total** | **$5,348** |

## Nearby Schools

- **Elementary:** Ps 21 Philip H Sheridan

## Key Amenities

- A/C

## Property Highlights

- Built in 1926
- 0.09 acre lot
- 4 stories

## Description

### Agent Description
**Exceptional North Bronx Multifamily Investment Opportunity - 12-Unit Rent-Stabilized Brick Building** Presenting 760 E 232nd Street: a well-maintained, solid brick 12-unit multifamily property located in the Wakefield section of the Bronx. This rent-stabilized building offers a rare blend of in-place cash flow with meaningful upside through unit turnover and operational optimization. The unit mix includes: * **(3) Vacant Units** - Immediate lease-up or value-add repositioning opportunity * **(1) 3BR Unit** - Will be delivered vacant * **(8) Stabilized/Rented Units** with diversified rent rolls: * 1BRs renting at \$859, \$1,113 (ERAP), \$1,198, \$1,233, and \$1,336 * 2BRs renting at \$1,117, \$1,521, and \$2,174 (lease through 2026) * (1) 2BR in active eviction - Legal in process Several units are month-to-month or have upcoming lease expirations, positioning a savvy investor to gradually reset rents to market while preserving asset stability. The building offers **strong fundamentals**, low turnover risk, and is situated in a **transit-friendly corridor** near the 2 and 5 trains, Metro-North, major bus lines, and key Bronx retail. With continued demand for affordable housing in the Bronx, this asset is well-positioned to outperform over time. **Key Highlights:** * Solid brick construction * Stabilized asset with immediate upside * 25% vacancy and additional unit turnover potential * No major deferred maintenance reported * Rent roll diversification with growth opportunity This is a **prime hold for multifamily operators**, 1031 exchange buyers, and fund managers seeking solid in-place returns and long-term value appreciation in one of NYC's most resilient rental submarkets. This is a short sale and requires approval. Buyer is responsible for Probate retainer of $10,000.

## Location

- **Address:** 760 E 232nd Street, Bronx, NY 10466
- **County:** Bronx County
- **Coordinates:** 40.891915, -73.855362
- **Google Maps:** https://www.google.com/maps?q=40.891915,-73.855362

## Listing Agent

- **Name:** Michael A. Brown
- **Brokerage:** Keller Williams Realty Group
- **Phone:** 7185416149
- **Broker Phone:** (914) 713-3270
- **Listing URL:** [View original listing](https://listings.listhub.net/pages/MLSLINY/1055259/?channel=propsimple)

## Photos

![760 E 232nd Street - Photo 1](http://lh.rdcpix.com/dd9db7a6dac2f1fa6c9f21ee3a7eb89el-f2541038972r.jpg)

![760 E 232nd Street - Photo 2](http://lh.rdcpix.com/dd9db7a6dac2f1fa6c9f21ee3a7eb89el-f278249991r.jpg)

![760 E 232nd Street - Photo 3](http://lh.rdcpix.com/dd9db7a6dac2f1fa6c9f21ee3a7eb89el-f2626617529r.jpg)

![760 E 232nd Street - Photo 4](http://lh.rdcpix.com/dd9db7a6dac2f1fa6c9f21ee3a7eb89el-f3943762669r.jpg)

![760 E 232nd Street - Photo 5](http://lh.rdcpix.com/dd9db7a6dac2f1fa6c9f21ee3a7eb89el-f2382074147r.jpg)

![760 E 232nd Street - Photo 6](http://lh.rdcpix.com/dd9db7a6dac2f1fa6c9f21ee3a7eb89el-f2069656368r.jpg)

![760 E 232nd Street - Photo 7](http://lh.rdcpix.com/dd9db7a6dac2f1fa6c9f21ee3a7eb89el-f118557998r.jpg)

![760 E 232nd Street - Photo 8](http://lh.rdcpix.com/dd9db7a6dac2f1fa6c9f21ee3a7eb89el-f3114686362r.jpg)

![760 E 232nd Street - Photo 9](http://lh.rdcpix.com/dd9db7a6dac2f1fa6c9f21ee3a7eb89el-f2293196873r.jpg)

![760 E 232nd Street - Photo 10](http://lh.rdcpix.com/dd9db7a6dac2f1fa6c9f21ee3a7eb89el-f3779034727r.jpg)

![760 E 232nd Street - Photo 11](http://lh.rdcpix.com/dd9db7a6dac2f1fa6c9f21ee3a7eb89el-f3180960582r.jpg)

![760 E 232nd Street - Photo 12](http://lh.rdcpix.com/dd9db7a6dac2f1fa6c9f21ee3a7eb89el-f3699502835r.jpg)

![760 E 232nd Street - Photo 13](http://lh.rdcpix.com/dd9db7a6dac2f1fa6c9f21ee3a7eb89el-f272321499r.jpg)

![760 E 232nd Street - Photo 14](http://lh.rdcpix.com/dd9db7a6dac2f1fa6c9f21ee3a7eb89el-f3569609060r.jpg)

---

**MLS#:** 1055259 | **Updated:** 2026-09-25
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.ai/listing/760-e-232nd-street-bronx-ny-10466-1055259)

---

## Structured Data

```json
{
  "@context": "https://schema.org",
  "@type": "RealEstateListing",
  "@id": "https://www.propertysimple.ai/listing/760-e-232nd-street-bronx-ny-10466-1055259#listing",
  "url": "https://www.propertysimple.ai/listing/760-e-232nd-street-bronx-ny-10466-1055259",
  "name": "760 E 232nd Street, Bronx, NY 10466",
  "description": "**Exceptional North Bronx Multifamily Investment Opportunity - 12-Unit Rent-Stabilized Brick Building** Presenting 760 E 232nd Street: a well-maintained, solid brick 12-unit multifamily property located in the Wakefield section of the Bronx. This rent-stabilized building offers a rare blend of in-place cash flow with meaningful upside through unit turnover and operational optimization. The unit mix includes: * **(3) Vacant Units** - Immediate lease-up or value-add repositioning opportunity * **(1) 3BR Unit** - Will be delivered vacant * **(8) Stabilized/Rented Units** with diversified rent rolls: * 1BRs renting at \\$859, \\$1,113 (ERAP), \\$1,198, \\$1,233, and \\$1,336 * 2BRs renting at \\$1,117, \\$1,521, and \\$2,174 (lease through 2026) * (1) 2BR in active eviction - Legal in process Several units are month-to-month or have upcoming lease expirations, positioning a savvy investor to gradually reset rents to market while preserving asset stability. The building offers **strong fundamentals**, low turnover risk, and is situated in a **transit-friendly corridor** near the 2 and 5 trains, Metro-North, major bus lines, and key Bronx retail. With continued demand for affordable housing in the Bronx, this asset is well-positioned to outperform over time. **Key Highlights:** * Solid brick construction * Stabilized asset with immediate upside * 25% vacancy and additional unit turnover potential * No major deferred maintenance reported * Rent roll diversification with growth opportunity This is a **prime hold for multifamily operators**, 1031 exchange buyers, and fund managers seeking solid in-place returns and long-term value appreciation in one of NYC's most resilient rental submarkets. This is a short sale and requires approval. Buyer is responsible for Probate retainer of $10,000.",
  "image": [
    "http://lh.rdcpix.com/dd9db7a6dac2f1fa6c9f21ee3a7eb89el-f2541038972r.jpg",
    "http://lh.rdcpix.com/dd9db7a6dac2f1fa6c9f21ee3a7eb89el-f278249991r.jpg",
    "http://lh.rdcpix.com/dd9db7a6dac2f1fa6c9f21ee3a7eb89el-f2626617529r.jpg",
    "http://lh.rdcpix.com/dd9db7a6dac2f1fa6c9f21ee3a7eb89el-f3943762669r.jpg",
    "http://lh.rdcpix.com/dd9db7a6dac2f1fa6c9f21ee3a7eb89el-f2382074147r.jpg",
    "http://lh.rdcpix.com/dd9db7a6dac2f1fa6c9f21ee3a7eb89el-f2069656368r.jpg",
    "http://lh.rdcpix.com/dd9db7a6dac2f1fa6c9f21ee3a7eb89el-f118557998r.jpg",
    "http://lh.rdcpix.com/dd9db7a6dac2f1fa6c9f21ee3a7eb89el-f3114686362r.jpg",
    "http://lh.rdcpix.com/dd9db7a6dac2f1fa6c9f21ee3a7eb89el-f2293196873r.jpg",
    "http://lh.rdcpix.com/dd9db7a6dac2f1fa6c9f21ee3a7eb89el-f3779034727r.jpg",
    "http://lh.rdcpix.com/dd9db7a6dac2f1fa6c9f21ee3a7eb89el-f3180960582r.jpg",
    "http://lh.rdcpix.com/dd9db7a6dac2f1fa6c9f21ee3a7eb89el-f3699502835r.jpg",
    "http://lh.rdcpix.com/dd9db7a6dac2f1fa6c9f21ee3a7eb89el-f272321499r.jpg",
    "http://lh.rdcpix.com/dd9db7a6dac2f1fa6c9f21ee3a7eb89el-f3569609060r.jpg"
  ],
  "primaryImageOfPage": {
    "@type": "ImageObject",
    "url": "http://lh.rdcpix.com/dd9db7a6dac2f1fa6c9f21ee3a7eb89el-f2541038972r.jpg",
    "caption": "760 E 232nd Street - Bronx, NY"
  },
  "datePosted": "2026-09-24T00:00:00+00:00",
  "dateModified": "2026-09-25T14:31:38.22426+00:00",
  "mainEntity": {
    "@type": "Place",
    "@id": "https://www.propertysimple.ai/listing/760-e-232nd-street-bronx-ny-10466-1055259#property",
    "name": "760 E 232nd Street, Bronx, NY 10466",
    "address": {
      "@type": "PostalAddress",
      "streetAddress": "760 E 232nd Street",
      "addressLocality": "Bronx",
      "addressRegion": "NY",
      "postalCode": "10466",
      "addressCountry": "US"
    },
    "geo": {
      "@type": "GeoCoordinates",
      "latitude": 40.891915,
      "longitude": -73.855362
    },
    "image": [
      "http://lh.rdcpix.com/dd9db7a6dac2f1fa6c9f21ee3a7eb89el-f2541038972r.jpg",
      "http://lh.rdcpix.com/dd9db7a6dac2f1fa6c9f21ee3a7eb89el-f278249991r.jpg",
      "http://lh.rdcpix.com/dd9db7a6dac2f1fa6c9f21ee3a7eb89el-f2626617529r.jpg",
      "http://lh.rdcpix.com/dd9db7a6dac2f1fa6c9f21ee3a7eb89el-f3943762669r.jpg",
      "http://lh.rdcpix.com/dd9db7a6dac2f1fa6c9f21ee3a7eb89el-f2382074147r.jpg",
      "http://lh.rdcpix.com/dd9db7a6dac2f1fa6c9f21ee3a7eb89el-f2069656368r.jpg",
      "http://lh.rdcpix.com/dd9db7a6dac2f1fa6c9f21ee3a7eb89el-f118557998r.jpg",
      "http://lh.rdcpix.com/dd9db7a6dac2f1fa6c9f21ee3a7eb89el-f3114686362r.jpg",
      "http://lh.rdcpix.com/dd9db7a6dac2f1fa6c9f21ee3a7eb89el-f2293196873r.jpg",
      "http://lh.rdcpix.com/dd9db7a6dac2f1fa6c9f21ee3a7eb89el-f3779034727r.jpg",
      "http://lh.rdcpix.com/dd9db7a6dac2f1fa6c9f21ee3a7eb89el-f3180960582r.jpg",
      "http://lh.rdcpix.com/dd9db7a6dac2f1fa6c9f21ee3a7eb89el-f3699502835r.jpg",
      "http://lh.rdcpix.com/dd9db7a6dac2f1fa6c9f21ee3a7eb89el-f272321499r.jpg",
      "http://lh.rdcpix.com/dd9db7a6dac2f1fa6c9f21ee3a7eb89el-f3569609060r.jpg"
    ],
    "identifier": {
      "@type": "PropertyValue",
      "propertyID": "MLS",
      "value": "1055259"
    },
    "amenityFeature": [
      {
        "@type": "LocationFeatureSpecification",
        "name": "Heating",
        "value": "Steam"
      },
      {
        "@type": "LocationFeatureSpecification",
        "name": "Cooling",
        "value": "Wall/Window Unit(s), Window Unit(s)"
      },
      {
        "@type": "LocationFeatureSpecification",
        "name": "Construction Materials",
        "value": "Brick"
      },
      {
        "@type": "LocationFeatureSpecification",
        "name": "Air Conditioning",
        "value": true
      }
    ],
    "additionalProperty": [
      {
        "@type": "PropertyValue",
        "name": "Lot Size",
        "value": "0.09 acres"
      },
      {
        "@type": "PropertyValue",
        "name": "Stories",
        "value": 4
      },
      {
        "@type": "PropertyValue",
        "name": "Property Subtype",
        "value": "Other"
      },
      {
        "@type": "PropertyValue",
        "name": "Property Type",
        "value": "Commercial"
      }
    ]
  },
  "offers": {
    "@type": "Offer",
    "@id": "https://www.propertysimple.ai/listing/760-e-232nd-street-bronx-ny-10466-1055259#offer",
    "url": "https://www.propertysimple.ai/listing/760-e-232nd-street-bronx-ny-10466-1055259",
    "price": 999900,
    "priceCurrency": "USD",
    "businessFunction": "http://purl.org/goodrelations/v1#Sell",
    "availability": "https://schema.org/InStock",
    "seller": {
      "@id": "https://www.propertysimple.ai/listing/760-e-232nd-street-bronx-ny-10466-1055259#agent"
    }
  },
  "provider": {
    "@type": "Person",
    "@id": "https://www.propertysimple.ai/listing/760-e-232nd-street-bronx-ny-10466-1055259#agent",
    "name": "Michael A. Brown",
    "telephone": "7185416149",
    "worksFor": {
      "@type": "Organization",
      "@id": "https://www.propertysimple.ai/listing/760-e-232nd-street-bronx-ny-10466-1055259#brokerage",
      "name": "Keller Williams Realty Group",
      "telephone": "(914) 713-3270"
    }
  }
}
```