Property profile

1012 E 233Rd St The Bronx, NY 10466

FOR SALE
1031 exchange properties
Property ID
US63-0725822
Built 1975
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Property summary

AI-generated overview

Welcome to 1012 E 233rd Street, a legal three-family property located in the heart of Wakefield, Bronx. This home offers the perfect balance of immediate rental income and long-term potential, making it an excellent choice for both investors and end-users. Inside, you’ll find upgraded units with hardwood floors and expansive layouts. The first floor includes two bedrooms, one bath, and living area. The second floor features three bedrooms, one bath, bright and airy living spaces, and a private balcony ideal for enjoying quiet mornings or evenings. The third floor also provides three bedrooms and one bath with plenty of natural light and open layouts. All units are currently tenant-occupied on a month-to-month basis, providing built-in income from day one, though the property can also be delivered vacant, giving buyers flexibility to occupy or reconfigure as needed. Additional highlights include a private driveway and one-car garage, a rare convenience in this area. The location is unbeatable, with close proximity to public transit, schools, and shopping, ensuring strong rental demand and long-term value. This is a rare opportunity to secure a versatile multi-family residence in a prime Bronx location. Whether you’re expanding your investment portfolio or seeking a multi-generational home with income potential, 1012 E 233rd Street delivers. bikeScore: 81, Very Bikeable walkScore: 81, Very Walkable transitScore: 82, Excellent Transit

Property profile

Verified
Property type 1031 exchange properties
Year built 1975
UPID US63-0725822

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1012 E 233Rd St, Unit The Bronx, NY 10466
Bronx metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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