674 E 232nd Street, Bronx, NY 10466
Three-building, 30-unit multifamily portfolio built in 2011 with landlord-paid common utilities and tax abatement.
- Added:
- Jun 4, 2026
- Days on Market:
- 20
- Last Refresh:
- Jun 20 at 4:40 am
Property Features for 674 E 232nd Street
General Information
- Standard status
- Active
- Property subtype
- Multifamily
Building Details
- Year Built
- 2011
Listing agent Yara Annechiarico License #11111111111111111111
Listing office At home with Yara Realty
Listing date Jun 4, 2026
Source Crexi
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HighLights
- Three‑building, 30‑unit multifamily portfolio built in 2011 (674, 676 & 678 E 232nd St).
- Mortgage is assumable.
- Taxes are abated.
- Landlord pays water & electric for common areas.
- Tenants stay / vacancies shrink, with operating profile stated as stabilized.
Overview
The transaction is presented with financing and expense considerations already addressed. The remarks state the mortgage is assumable and that taxes are abated. Additionally, water and electric for the common areas are described as landlord-paid, contributing to an operating profile positioned for predictable day-to-day management.
For buyers evaluating stabilized multifamily investments, this portfolio is framed as a turnkey acquisition that does not rely on a value-add plan in order to function. With the combination of an assumable loan, tax abatement, and landlord-paid common-area utilities noted as part of the current structure, the property may appeal to investors looking to reduce upfront assumptions and focus on operating execution. The owner has been clear that the property is currently operating with tenant occupancy supported in the normal course of business.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Bronx
- County
- Bronx
- State
- New York
- Longitude
- -73.858509
- Latitude
- 40.892939