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30-Unit Apartment Portfolio
For Sale
$5,500,000

674 E 232nd Street, Bronx, NY 10466

Three-building multifamily property with an assumable mortgage, abated taxes, and landlord-paid common-area utilities.

Property Size23,159 SF
Days on Market87

Property Features for 674 E 232nd Street

General Information

Standard status Active
Size 23,159 SF
Property subtype Commercial
Zoning R6A

Additional Details

Multifamily Units 30

Taxes and HOA fees

Annual Taxes $2,674

Building Details

Building Size 23,159 SF
Year Built 2011
Buildings 3
Units 30
Listing Agency: At Home With Yara Realty
Listed By: Yara Annechiarico · License #11111111111111111111
Source: Mydreamhomerealty
Added: Jun 4 Changed: Aug 28 Last Checked: Aug 28 at 11:31AM

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 At Home With Yara Realty

Investment Insights

Based on property information with market context.

This multifamily asset comprises 30 apartments distributed across three buildings at 674 E 232nd Street in the Bronx. Constructed in 2011, the property is presented as a fully operational apartment portfolio with established tenancy and an existing operating profile.

The financing includes an assumable mortgage, while property taxes are abated. The landlord pays water and electric service for common areas. These characteristics, together with the 30-unit configuration and three-building layout, define the property’s current operating structure.

Key Highlights

  • 30 apartments across 3 buildings
  • Built in 2011
  • Assumable mortgage

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Dental Office Parking Lot & Garage Real Estate Agency Gym & Fitness Center Skin Care Clinic

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

Lease Details

30
Residential units

Location Intelligence

Trade Area within ½ mile

2,946
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
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Three-building multifamily property with an assumable mortgage, abated taxes, and landlord-paid common-area utilities.
Where is this apartment building located?
The property is located at 674 E 232nd Street Bronx, NY.
What is the asking price?
The asking price for this property is $5,500,000.
What are key features of this property?
This property features: 30 apartments across 3 buildings; Built in 2011; Assumable mortgage
More about this property
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