Prevu by reAlpha
BuySellBlogBrowse Listings

642 E 223rd StreetBronx, NY 10466

For Sale

$1,200,000

Smart Buyer Rebate $15,000

Unrivaled Development Potential meets Solid Rental Income! This massive, fully detached brick legal 4-family home is situated in a rapidly evolving pocket of the Bronx. While currently operating as a high-income generating 4-unit property, recent zoning changes in the area provide a rare "value-add" opportunity for savvy investors to potentially convert this structure into a 6-9 unit residential building.

The building is thoughtfully configured to maximize space:

First Floor: Features two units—a spacious 1-bedroom apartment and a comfortable 2-bedroom apartment.

Second Floor: Features two units—a 1-bedroom apartment and a large 3-bedroom apartment perfect for a primary resident or premium rental.

Bonus Space: A full, finished basement offers incredible versatility for storage, utilities, or recreation.

Key Features:

Legal 4-Family with 6-9 unit conversion potential (verify with architect/Zoning).

All-brick construction for durability and low maintenance.

Detached layout providing excellent natural light on all sides.

Private backyard and finished basement.

Listed by Aaron M. Holness

·

AmeriHome Realty Corp.

·

718-654-4026

Last updated January 17, 2026

·

Source: OneKey #952682

Listing Facts

  • TypeMulti-family
  • NeighborhoodWakefield
  • Bedrooms7
  • Bathrooms4
  • Days on Prevu14
  • Taxes$19,169.52/year

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

01/16/2026
Listed by AmeriHome Realty Corp.
$1,200,000

Estimated Closing Costs

Total
$45,380
Attorney Fees
$4,000
NYC Mansion Tax
$12,000
Title Insurance
$5,400
Bank Attorney
$1,500
Mortgage Recording Tax
$18,480
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $1,200,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 642 E 223rd Street

Exterior

Construction

  • Number Of Units Total: 4
  • Year Built: 1929
  • Construction Materials: Brick

Measurements

  • Building Area Total: 3,280
  • Building Area Units: Square Feet
  • Lot Size Acres: 0.05
  • Lot Size Square Feet: 2,536

Financial

Taxes

  • Parcel Number: 04824-0059
  • Tax Annual Amount: $19,169.52
  • Tax Assessed Value: $244,800.00
  • Tax Year: 2025

Interior

Features

  • Interior Features: First Floor Bedroom

Rooms

  • Basement: Finished
  • Has Basement: Yes
  • Bathrooms Full: 4
  • Bathrooms Total Integer: 4
  • Bedrooms Total: 7

Parking

Parking

  • Parking Features: Driveway

Utilities

Equipment

  • Cooling: Wall/Window Unit(s)
  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Water Connected
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this multi-family home have?

There are 7 bedrooms and 4 bathrooms in this multi-family home at 642 E 223rd Street.

What are the annual taxes for 642 E 223rd Street?

Annual taxes for this multi-family home are estimated at $19,169.

How does 642 E 223rd Street compare to other multi-family homes in Wakefield?

This multi-family home is listed 29% above the average price for multi-family homes in Wakefield and has been on the market for 67 less days than the typical home in this area.

642 E 223rd Street is a 7-bedroom, 4-bath multi-family home for sale in Bronx NY 10466. On Prevu for 14 days at $1,200,000. This residence is located in Wakefield. The median listing price for multi-family homes in this area is $750,000. Additional amenities include parking. Browse more multi-family home listings in Bronx.

The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey™ MLS. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. Information Copyright 2026, OneKey™ MLS. All Rights Reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.