756 E 223rd Street, Bronx, NY 10466

Property Description

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.