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    760 E 232Nd St Bronx, NY 10466

    Pending
    For Sale
    $1,500,000

    Multi Family - Bronx, NY

    Type:Single Family Attached
    Property size:
    9,772 SF
    Lot size:
    0.09 Acres
    Days on Market:
    61
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 760 E 232Nd St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Single Family Attached
    Standard status
    Pending
    Rooms
    Basement
    APN
    04845-0075
    Basement Y/N
    1
    Size
    9,772 SF
    Lot size
    0.09 Acres

    Utilities

    Heating system
    Steam
    Cooling system
    Multi Units, Wall/Window Unit(s), Window Unit(s)

    Building Details

    Year built
    1926
    Number of units
    12
    Building materials
    Brick
    Architectural style
    Other

    Keller Williams Realty Group (914) 713-3270 [email protected]

    Listing agent Michael A. Brown (914) 713-3270 License #30BR0963422

    Listing date Oct 6, 2025

    MLS# 895902 Listing URL

    Copyright © 2025 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Bronx Multifamily Investment Opportunity

    Located in the Wakefield section of the Bronx, 760 E 232nd Street is a well-maintained, solid brick 12-unit multifamily property. The unit mix includes three vacant units, one 3BR unit that will be delivered vacant, and eight stabilized/rented units. The stabilized units consist of 1BRs renting at $859, $1,113 (ERAP), $1,198, $1,233, and $1,336, and 2BRs renting at $1,117, $1,521, and $2,174 (lease through 2026). One 2BR is in active eviction with legal action in process. Several units are month-to-month or have upcoming lease expirations. The building offers strong fundamentals, low turnover risk, and is situated in a transit-friendly corridor near the 2 and 5 trains, Metro-North, major bus lines, and key Bronx retail. No major deferred maintenance has been reported. The property is a prime hold for multifamily operators, 1031 exchange buyers, and fund managers seeking solid in-place returns and long-term value appreciation. The property size is 9772 Square Feet and the lot size is 0.0855 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bronx
    County
    Bronx
    State
    New York
    Longitude
    -73.855393
    Latitude
    40.891879

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    FAQs

    What type of property is this?
    Apartment building - 12-unit rent-stabilized brick building in the Wakefield section of the Bronx.
    Where is this apartment building located?
    The property is located at 760 E 232Nd St Bronx, NY.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: - 12-unit rent-stabilized brick building in the North Bronx; - Immediate upside potential: 25% vacancy for lease-up or value-add repositioning; - Diversified rent roll with growth opportunity: several units month-to-month or with upcoming lease expirations
    (914) 713-3270
    Request Owner's contact information
    760 E 232Nd St Bronx, NY 10466
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    Bronx, NY 10466
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    760 E 232Nd St Bronx, NY 10466
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