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93 E 233rd St 7 Unit Apartment Building $1,198,496 CAD ($171,214 CAD/Unit) 7% Cap Rate Bronx, NY 10470
Executive Summary
Positioned in the vibrant and commuter-friendly Woodlawn section of the Bronx, 93 E 233rd Street is a rare value-add opportunity with classic charm and strategic potential.
This 3-story, pre-war multifamily building features 7 spacious units across 4,875 square feet of rentable space. Zoned R-5 with a 2.22 FAR, the property sits on a 25.17 x 86.17 ft lot, offering excellent upside for long-term investors or owners looking to reposition.
With historically low taxes, steady rental income, and proximity to key transit routes, this property offers a compelling investment in one of the Bronx’s most stable rental markets.
This 3-story, pre-war multifamily building features 7 spacious units across 4,875 square feet of rentable space. Zoned R-5 with a 2.22 FAR, the property sits on a 25.17 x 86.17 ft lot, offering excellent upside for long-term investors or owners looking to reposition.
With historically low taxes, steady rental income, and proximity to key transit routes, this property offers a compelling investment in one of the Bronx’s most stable rental markets.
Property Facts
| Price | $1,198,496 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $171,214 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.05 AC |
| Cap Rate | 7% | Building Size | 4,875 SF |
| No. Units | 7 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1927 |
| Property Subtype | Apartment | ||
| Zoning | R5, Bronx (C1) | ||
| Price | $1,198,496 CAD |
| Price Per Unit | $171,214 CAD |
| Sale Type | Investment |
| Cap Rate | 7% |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.05 AC |
| Building Size | 4,875 SF |
| No. Stories | 3 |
| Year Built | 1927 |
| Zoning | R5, Bronx (C1) |
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Exceptionally walkable
90/100
Exceptionally drivable
90/100
Exceptional public transit
100/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 03365-0057 | Improvements Assessment | $241,268 CAD |
| Land Assessment | $3,776 CAD | Total Assessment | $245,044 CAD |
Property Taxes
Parcel Number
03365-0057
Land Assessment
$3,776 CAD
Improvements Assessment
$241,268 CAD
Total Assessment
$245,044 CAD
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93 E 233rd St
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