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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 | $233,717 CAD | Property Subtype | Apartment |
| Sale Type | Investment | Building Class | B |
| Cap Rate | 7.34% | Lot Size | 0.05 AC |
| Gross Rent Multiplier | 10.31 | Building Size | 6,384 SF |
| No. Units | 8 | No. Stories | 4 |
| Property Type | Multifamily | Year Built | 2018 |
| Zoning | R6A - Medium density residential district | ||
| Price Per Unit | $233,717 CAD |
| Sale Type | Investment |
| Cap Rate | 7.34% |
| Gross Rent Multiplier | 10.31 |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | B |
| Lot Size | 0.05 AC |
| Building Size | 6,384 SF |
| No. Stories | 4 |
| Year Built | 2018 |
| Zoning | R6A - Medium density residential district |
Property Taxes
| Parcel Number | 04824-0052 | Improvements Assessment | $592,076 CAD |
| Land Assessment | $52,360 CAD | Total Assessment | $644,436 CAD |
Property Taxes
Parcel Number
04824-0052
Land Assessment
$52,360 CAD
Improvements Assessment
$592,076 CAD
Total Assessment
$644,436 CAD
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