Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
732 E 223RD Street
Interested in this property?
Active For Sale Multi Family

$1,100,000

732 E 223RD Street

Wakefield, Bronx

MLS® #RLS20063605

RLS at REBNY

Listing by Corcoran Group

7

Bedrooms

2

Baths

N/A

Sq. Ft.

1915

Year Built

Quick Summary

Bedrooms 7
Bathrooms 2
Lot Size 2,856.25 sq ft
Year Built 1915
Ownership None
Property Taxes $7,236/yr
Neighborhood Wakefield
Floor 1 of 2

Property Highlights

  • Views: Other
  • Character: Pre-war building (1915)

Property Details

Type Multi Family
Ownership None
Total Rooms 11
Baths 2 Full
Floor 1 of 2
View Other
Pets Yes
Year Built 1915
Structure Type Townhouse
Basement Other
Lot Size 2,856.25 sq ft
Parcel # 04836-0066
Block/Lot 04836/0066

Listing History

Event Date Price Change
Listed Dec 15, 2025 $1,100,000 -
Currently Apr 28, 2026 $1,100,000 -

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.
 
 

Features & Amenities

Interior Features

Smoke Free In Unit

Building Amenities

Green Building

Building Information

Building Data View Compliance & Permits
Total Units 2
Stories 2
Structure Townhouse

Financial Details

RE Taxes $7,236/yr ($603/mo)

Wakefield features a mix of detached single-family Victorian homes and low-rise apartment buildings. Two-family brick houses define the architecture across the residential streets. The area is served by the 2 and 5 subway lines, providing transit access within the northern Bronx.

Wakefield Live Market Data

View Neighborhood

Active Listings

6

Median Asking Price

$699K

Median $/Sqft

$417

Avg Days on Market

N/A

New This Week

0

Price Reduced

17%

Sold (30 Days)

0

Median Sale Price

$653K

Live data from RLS at REBNY • Updated 4/28/26, 7:01 AM EST

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Location

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732 E 223RD Street, Wakefield, Bronx County

Building Information

Official NYC property records for this building

1915
Year Built
111 years old
2
Floors
2
Residential Units
R5
Zoning District
Two Family Dwellings

Tax & Assessment

Assessed Value: $52,680
Land Value: $9,120
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 2,856 SF
Building Area: 2,394 SF
Built FAR: 0.84
Allowed FAR: 1.5

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed annual property tax is $7,236, or roughly $603 per month. Verify the current assessment with your attorney before closing.

This property has 7 bedrooms and 2 full bathrooms.

According to MLS records, the building was constructed in 1915, making it approximately 111 years old.

This listing is None

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS20063605
First Listed: 12/15/2025
On Market: 12/15/2025
Price Changed: 12/15/2025
Contract Date: 12/15/2025

Listing Courtesy of Corcoran Group - Chen Mishael

Listing Contact: (347) 512-4143

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 4/28/2026 at 11:01 AM UTC

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