732 E 223rd Street, New York City, NY 10466 - Photo 1

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$1,100,000

For Sale
Active
Multi-Family
7 Total Beds

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Property Description

Outstanding Investment Opportunity! Presenting a high income, turn-key income property offering immediate and reliable cash flow. This fully leased asset features a generous 4-bedroom unit generating $4200 per month and a well-maintained 3-bedroom unit earning $3,800 per month. The property presents a great value-add opportunity with the possibility of legally converting the existing two-family layout into a three-family configuration, adding to overall revenue. With all units occupied, investors can benefit from instant rental income without the downtime or expense associated with vacancy turnover. With dependable performance, low operational demands, and compelling long-term growth potential, this property serves as a valuable addition to any real estate portfolio.

Full Property Details

Full Property Details for 732 E 223rd St

General

Price: $1,100,000
Taxes: $7,236
Status: Active
Type: Multi-Family
Source: REBNY
MLS ID: RLS20063605
Updated: 12/15/2025
Added to Site: 32 day(s) ago

Interior

Number of Rooms: 11
Interior Features: Smoke Free

Rooms

Bathrooms

Total Bathrooms: 2
Full Bathrooms: 2

Bedrooms

Total Bedrooms: 7

Other Rooms

Laundry: In Unit

Location

County: Bronx
Subdivision: Wakefield

Community

Pets Allowed: Yes

Structural Information

Structure Type: Townhouse
Basement Desc.: Other
Stories/Levels: 2
Year Built: 1915
Other Struct. Feat.: Green Building

Lot Features

Property View: Other
Lot Size: 2856.25
Lot Dimensions: 114.25 x 25.00

Financial Considerations

Tax Amount: $7,236

Disclosures and Reports

Special Conditions: Standard
Property ID: 04836-0066
Block: 4836
Lot Number: 66

Listing Courtesy of Corcoran Group

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— 732 E 223rd St —

Corcoran Group
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Schools

Schools serving 732 E 223rd St

School District:New York City Geographic School District 11

Name	Grades	Distance
Ps 21 Philip H Sheridan 715 E 225th St, The Bronx, NY 10466	K-5	0.1 mi
North Bronx School of Empowerment 3710 Barnes Ave, The Bronx, NY 10467	6-8	0.3 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 732 E 223rd St Get Price Alerts and Save Property

Date

Details

Price

Change

Source

12/15/2025

Listed

$1,100,000

99.56%

MLS

11/01/2016

Sold

$551,200

—

Public Record

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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 732 E 223rd St

Year

Property Taxes

Change

Tax Assessment

Change

2025

$7,233

6%

$36,014

6%

2024

$6,824

6%

$33,977

6%

2023

$6,438

4%

$32,054

-27%

2022

$6,185

-3%

$43,740

6%

2021

$6,409

1%

$41,220

7%

2020

$6,353

7%

$38,460

—

2019

$5,923

22%

$38,280

43%

2017

$4,874

—

$26,712

5%

2017

$4,874

2%

$25,380

—

2016

$4,764

4%

$25,380

1%

2015

$4,581

15%

$25,010

6%

2014

$3,973

12%

$23,595

6%

2013

$3,557

—

$22,260

—

View All

Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost

Estimate the Cost for 732 E 223rd St

732 E 223rd Street, New York City, NY 10466 (MLS# RLS20063605) is a Multi-Family property with 2 units containing 7 bedrooms and 2 full bathrooms. 732 E 223rd Street is currently listed for $1,100,000 and was received on December 15, 2025. Want to learn more about 732 E 223rd Street? Do you have questions about finding other Multi-Family real estate for sale in New York City? You can browse all New York City real estate or contact a Coldwell Banker agent to request more information.

732 E 223rd St New York City, NY 10466