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721 E 222nd Street, Bronx, NY 10467
$1,050,000
721 E 222nd Street, Bronx, NY 10467View this property at 721 E 222nd Street, Bronx, NY 10467
721 E 222nd StreetBronxNY10467
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Property Description
Introducing 721 East 222nd Street, a legal 5-family gem in the Bronx, ready for an investor's touch. This three-level building, with a usable basement, is vacant and partially gutted, primed for transformation to maximize market rents. No rent-stabilized or controlled units, paving the way for income optimization. The building features a decade-strong roof and is prepped for tenant-paid utilities, with the oil tank removed and 6 gas/electric meters installed. Con Edison is set to enhance power with a 600amp triple-phase service upgrade. Located near the 2/5 subway lines, the property ensures easy commute, boosting tenant appeal. It offers one parking spot and a spacious storage shed, adding convenience. This property is an investor's canvas, ready to be transformed into a lucrative asset in a resilient and growing borough. Seize this opportunity to be part of the Bronx renaissance.
Full Property Details
Full Property Details for 721 E 222nd St
General
- Sold For: $1,050,000
- Taxes: $7,051
- Status: Closed
- Type: Multi-Family
- MLS ID: H6288297
- Added to Site: 107 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 5
Bedrooms
- Total Bedrooms: 6
Parking
- Parking Features: Driveway
Location
- County: Bronx
School Information
- Elem School District: City of New York
- Midd School District: City of New York
- High School District: City of New York
- Elementary School: Call Listing Agent
- Middle School: Call Listing Agent
- High School: Call Listing Agent
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: None, Window Unit(s)
- Heating Type: Natural Gas, None
- Water Heater: Gas Stand Alone
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Detached/Attached: Detached
- Construction: Frame, Vinyl Siding
- Common Walls: No Common Walls
- Square Feet: 3,150
- Sq. Ft. Source: Municipality
- Year Built: 1930
Lot Features
- Lot Size (Acres): 0.05
- Lot Size (Sq. Ft.): 2,217
- Lot Size Source: Other
- Road Maintenance: Public Maintained Road
- Lot Features: Level
Financial Considerations
- Taxes Include: Sewer, Trash
- Tax Amount: $7,051
- Tenant Pays: All Utilities
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.75%
- Property ID: 04836-0036
Listed and Sold by eRealty Advisors, Inc
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Schools
Schools serving 721 E 222nd St
School District:New York City Geographic District #11
Rating | Name | Grades | Distance |
---|---|---|---|
715 E 225th St, Bronx, NY 10466 | PK-5 | 0.2 mi | |
3710 Barnes Ave, Bronx, NY 10467 | 6-8 | 0.3 mi | |
The Young Scholars Academy Of The Bronx
3710 Barnes Ave, Bronx, NY 10467 | 6-8 | 0.3 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 721 E 222nd St
Date
Details
Price
Change
Source
3/25/2024
Sold
$1,050,000
-19.23%
MLS
2/08/2024
Listed
$1,299,999
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
721 E 222nd Street, Bronx, NY 10467 (MLS# H6288297) is a Multi-Family property that was sold at $1,050,000 on March 25, 2024. Want to learn more about 721 E 222nd 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.