Three-Building Multifamily
For Sale
$5,500,000
674 E 232nd Street, Bronx, NY 10466
Commercial Sale, Bronx, NY
Property SizeContact for details
Lot Size0.24 Acres
Days on Market82
Property Features for 674 E 232nd Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
R6A
Rooms
Basement
Elementary school
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Middle school
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High school
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Elementary school district
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Middle school district
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High school district
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Standard status
Active
APN
04834-0079
Lot size
0.24 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
2674
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Natural Gas
Cooling system
Wall/Window Unit(s), Window Unit(s)
Water source
Public
Building Details
Year built
2011
Number of units
30
Building materials
Brick
Listing Agency:
At Home With Yara Realty
(914) 372-1404
Listed By:
Yara Annechiarico · License #11111111111111111111
(917) 295-5330
Added: Jun 4
Changed: Aug 19
Last Checked: Aug 24 at 4:06AM
MLS# 1008785
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This sale includes a 30-unit, three-building apartment portfolio consisting of 674, 676, and 678 East 232nd Street. The property is described as a fully operational multifamily asset built in 2011 and managed to support steady day-to-day operations. The offering is presented with an assumable mortgage and tax abatements, and landlord-paid water and electric for common areas.
The buildings are located in the Bronx, NY 10466, and are currently zoned R6A. The lot size is listed as 0.237 acres for the overall parcel, with the property presented as a maintained investment rather than a vacant or value-add redevelopment.
For buyers looking for an immediately operating multifamily platform, this portfolio’s structure—30 apartments across three buildings—matches an owner-operator or institutional purchase profile that prioritizes in-place income and expense predictability. The listing also notes ongoing tenant occupancy and a focus on limited vacancy, supported by the stated operating setup including tax abatement and common-area utilities handled by the landlord. The combination of these elements is positioned as reducing the need for major underwriting assumptions beyond standard expenses and market rents.
The buildings are located in the Bronx, NY 10466, and are currently zoned R6A. The lot size is listed as 0.237 acres for the overall parcel, with the property presented as a maintained investment rather than a vacant or value-add redevelopment.
For buyers looking for an immediately operating multifamily platform, this portfolio’s structure—30 apartments across three buildings—matches an owner-operator or institutional purchase profile that prioritizes in-place income and expense predictability. The listing also notes ongoing tenant occupancy and a focus on limited vacancy, supported by the stated operating setup including tax abatement and common-area utilities handled by the landlord. The combination of these elements is positioned as reducing the need for major underwriting assumptions beyond standard expenses and market rents.
Key Highlights
- 30‑unit multifamily portfolio across 3 buildings at 674, 676, and 678 East 232nd Street
- 2011 construction with brick exterior; natural gas heating and wall/window unit cooling
- Public water and public sewer service
Property Analytics
Property Profile
Current Use
Lease Details
30
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,946
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - For sale 30-unit, three-building Bronx apartment portfolio with 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‑unit multifamily portfolio across 3 buildings at 674, 676, and 678 East 232nd Street; 2011 construction with brick exterior; natural gas heating and wall/window unit cooling; Public water and public sewer service
