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$1,200,000 Just Listed
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Property Description
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.
Full Property Details
Full Property Details for 642 E 223rd St
General
- Price: $1,200,000
- Taxes: $19,169
- Status: Active
- Type: Multi-Family
- Source: Long_Island
- MLS ID: 952682
- Updated: Today (1/16/2026)
- Added to Site: Today
Interior
- Interior Features: First Floor Bedroom
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 7
Parking
- Parking Features: Driveway
Location
- County: Bronx County
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Connected, Electricity Connected, Natural Gas Connected, Water Connected
Structural Information
- Detached/Attached: Detached
- Construction: Brick
- Basement: Yes
- Basement Desc.: Finished
- Building Size: 3280
- Square Feet: 3,280
- Year Built: 1929
Lot Features
- Lot Size (Acres): 0.0582
- Lot Size (Sq. Ft.): 2,536
Financial Considerations
- Tax Amount: $19,169.52
Disclosures and Reports
- Special Conditions: None
- Property ID: 04824-0059
Listed by AmeriHome Realty Corp.
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Schools
Schools serving 642 E 223rd St
School District:New York City Geographic School District 11
| Name | Grades | Distance |
|---|---|---|
Ps 103 Hector Fontanez 4125 Carpenter Ave, The Bronx, NY 10466 | K-5 | 0.4 mi |
North Bronx School of Empowerment 3710 Barnes Ave, The Bronx, NY 10467 | 6-8 | 0.4 mi |
Leaders of Tomorrow 3710 Barnes Ave, The Bronx, NY 10467 | 6-8 | 0.4 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 642 E 223rd St
Date
Details
Price
Change
Source
1/16/2026
Listed
$1,200,000
194.84%
MLS
7/25/2008
Sold
$407,000
—
Public Record
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 642 E 223rd St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$19,170
3%
$153,356
3%
2024
$18,576
8%
$148,587
8%
2023
$17,204
100%
$137,608
-49%
2022
100%
$269,550
16%
2021
-100%
$231,750
-2%
2020
$14,714
2%
$237,600
20%
2019
$14,415
16%
$198,180
87%
2017
$12,469
—
$105,852
8%
2017
$12,469
7%
$98,033
8%
2016
$11,702
—
$90,772
—
2015
$11,690
9%
$90,743
3%
2014
$10,703
6%
$87,922
8%
2013
$10,130
—
$81,425
—
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 642 E 223rd St
642 E 223rd Street, Bronx, NY 10466 (MLS# 952682) is a Multi-Family property with 4 units containing 7 bedrooms and 4 full bathrooms. 642 E 223rd Street is currently listed for $1,200,000 and was received on January 16, 2026. Want to learn more about 642 E 223rd Street? Do you have questions about finding other Multi-Family real estate for sale in Bronx? You can browse all Bronx real estate or contact a Coldwell Banker agent to request more information.

