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Vacant Multifamily Property
New
For Sale
$1,500,000

632 E 223rd Street, Bronx, NY 10466

Vacant residential property requiring renovation and offering a flexible redevelopment project.

Property SizeContact for details
Days on Market5

Property Features for 632 E 223rd Street

General Information

Standard status Active
Property subtype Multi-family

Property Condition

Severity Minor
Evidence in need of renovation

Building Details

Year Built 1929
Listing Agency: New Concept Sheiks Realty Inc.
Listed By: Sheik Khan · License #10311203596
Source: Cthomeseekers
Added: Aug 11 Changed: Aug 15 Last Checked: Aug 15 at 6:44AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of New Concept Sheiks Realty Inc.

Investment Insights

Based on property information with market context.

This multifamily property is currently vacant and requires renovation. Built in 1929, the asset presents a residential redevelopment project for a buyer prepared to undertake improvements and reposition the property for future use.

The property is located at 632 E 223rd Street in the Bronx, New York 10466.

Key Highlights

  • Vacant multifamily property
  • Renovation required
  • Built in 1929

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm Real Estate Agency Gym & Fitness Center Parking Lot & Garage Acupuncture Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,581
Businesses Nearby

Demographics for 10466, NY

70,420
Population
26,303
Households
2.7
Avg Household Size
38
Median Age
26%
College-Educated
81%
High-School Grad
2.0 sq mi
ZIP Area
35,210
Density / Sq Mi
$66,328
Median Household Income
$44,053
Median Earnings
$1,528
Median Rent
$605,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Vacant residential property requiring renovation and offering a flexible redevelopment project.
Where is this multifamily property located?
The property is located at 632 E 223rd Street 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: Vacant multifamily property; Renovation required; Built in 1929
More about this property
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