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626 E 223rd St
Bronx, NY 10466
626 E 223rd Street · Multifamily Property For Sale
·
8 Units
Investment Highlights
- Cap Rate 7% | Price Per SF $219
- No deferred maintenance priced below replacement cost
- Quiet, residential block
- 35-year 421a tax abatement in place, expires 2053. Tax class 2B
- Government secured income from programs
Executive Summary
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.
Please reach out to exclusive brokers with any questions about the opportunity.
Property Facts
| Price Per Unit | $168,750 | Property Type | Multifamily |
| Sale Type | Investment | Lot Size | 0.05 AC |
| Cap Rate | 7.34% | Building Size | 6,384 SF |
| Gross Rent Multiplier | 10.31 | No. Stories | 4 |
| No. Units | 8 | Year Built | 2018 |
| Zoning | R6A | ||
| Price Per Unit | $168,750 |
| Sale Type | Investment |
| Cap Rate | 7.34% |
| Gross Rent Multiplier | 10.31 |
| No. Units | 8 |
| Property Type | Multifamily |
| Lot Size | 0.05 AC |
| Building Size | 6,384 SF |
| No. Stories | 4 |
| Year Built | 2018 |
| Zoning | R6A |
Property Taxes
| Parcel Number | 04824-0052 | Improvements Assessment | $427,495 |
| Land Assessment | $37,805 | Total Assessment | $465,300 |
Property Taxes
Parcel Number
04824-0052
Land Assessment
$37,805
Improvements Assessment
$427,495
Total Assessment
$465,300
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