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    Three-Building Multifamily Portfolio Title is generated by Realmo AI

    674 E 232nd St The, Bronx, NY 10466

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    For Sale
    $5,500,000

    Operational 30-unit, three-building portfolio built in 2011 with assumable financing and abated taxes.

    Type:Commercial
    Added:
    Jun 7, 2026
    Days on Market:
    14
    Last Refresh:
    Jun 10 at 2:38 am

    Property Features for 674 E 232nd St The

    General Information

    Standard status
    Active
    Property subtype
    Commercial

    Building Details

    Year Built
    2011

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    Listing Contact
    Yara Annechiarico
    Yara Annechiarico

    Listing agent Yara Annechiarico

    Listing office At Home with Yara Realty

    Listing date Jun 7, 2026

    Source Elliman

    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

    HighLights

    • 2011‑built, operational 30‑unit multifamily portfolio in 3 separate buildings
    • Assumable mortgage available
    • Taxes are abated
    • Common area water & electric are landlord‑paid
    • Tenant occupancy is described as stabilized with shrinking vacancies

    Overview

    The property consists of Marilyn’s Place at 674, 676, and 678 East 232nd Street, comprising 30 apartments across three buildings. The offering states the buildings were constructed in 2011 and are currently operating as a fully operational multifamily portfolio.

    According to the remarks, the existing mortgage is assumable. Taxes are described as abated, and water and electric service for common areas is landlord-paid. The tenant and occupancy profile is also discussed in the remarks as currently performing with low expenses.

    For buyers seeking an income-producing residential portfolio with an existing operating structure, this configuration may appeal due to the stated continuity of operations and the financing and tax treatment noted above. With three separate buildings under one portfolio, the asset provides an operator the flexibility to manage multiple structures while maintaining one consolidated ownership. The provided mobility scores indicate the area is somewhat bikeable, very walkable, and offers good transit access.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Bronx
    County
    Bronx
    State
    New York
    Longitude
    -73.858509
    Latitude
    40.892939

    FAQs

    What type of property is this?
    Apartment building - Operational 30-unit, three-building portfolio built in 2011 with assumable financing and abated taxes.
    Where is this apartment building located?
    The property is located at 674 E 232nd St The 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: 2011‑built, operational 30‑unit multifamily portfolio in 3 separate buildings; Assumable mortgage available; Taxes are abated
    More about this property
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