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Executive Summary

Rare opportunity to purchase 752 and 756 East 223rd Street together in the Bronx. This package offers immediate rental income with strong long-term upside and potential development value. 756 East 223rd Street is a legal 3-family property featuring a ground-floor 1-bedroom unit, a first-floor 3-bedroom unit, and a second-floor 2-bedroom unit. The property is in good overall condition and currently produces income, with additional upside from lease stabilization and future repositioning. Both properties must be sold together, creating a unique opportunity for investors, end-users, or developers looking for a larger combined lot in a convenient North Bronx location. The combined lots may offer the potential to build 10+ units, subject to zoning, approvals, and buyer due diligence. Whether held as an income-producing asset, improved over time, or explored as a future development site, this package offers multiple paths for value creation. Conveniently located near public transportation, shopping, schools, and major roadways. Buyer must perform their own due diligence regarding zoning, buildable square footage, rental income, expenses, leases, permits, and development potential. Properties are being sold together and will not be sold separately.

Property Facts

Price $1,521,960 CAD
Price Per Unit $507,320 CAD
Sale Type Investment
Sale Condition Redevelopment Project
No. Units 3
Property Type
Multifamily
  • Multifamily Apartments
Apartment Style Low-Rise
Building Size 2,856 SF
Average Occupancy 100%
No. Stories 3
Year Built 1925
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
100/100
Very bikeable
80/100
  • Listing ID: 41890792

  • Date on Market: 2026-08-26

  • Last Updated:

  • Address: 756 E 223rd St, Bronx, NY 10466

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