New York, NY 10466

Property

Ownership: For Sale
Type: Unknown
Bedrooms: 8 BR
Bathrooms: 3

Financials

Price:$1,149,000
Annual Taxes:$7,410
505 Park Ave, New York, NY 10022
Listing Courtesy of Douglas Elliman Real Estate

Welcome to 1012 E 233rd Street, a fully vacant legal three family home in Wakefield, Bronx, offering flexibility, recent updates, and strong income potential.

Brick facade with white and red awnings, decorative wrought iron fencing, and multiple balconies

Brick facade with white and red awnings, decorative wrought iron fencing, and multiple balconies

Brick facade with white and red awnings, decorative wrought iron fencing, and multiple balconies
Brick exterior with multiple balconies and red awnings
Entryway featuring light-colored flooring and recessed lighting
Hardwood flooring throughout, recessed ceiling light, paneled doors, and light-toned walls
Kitchen featuring wood cabinetry, white appliances, and a stainless steel sink
Bathroom featuring a full bathtub, window, vanity with integrated sink, wall-mounted medicine cabinet, and tiled walls
Compact kitchen with a built-in range, overhead cabinetry, and patterned flooring
Hardwood-style flooring, light-toned walls, and a flush-mount ceiling light
Wood-finish flooring, white trim details, natural light from a multi-pane window, flush-mount ceiling light fixture, and a glass-paneled door
Hardwood flooring, neutral wall tones, built-in closet, and recessed lighting
Wooden staircase with a natural wood handrail and light blue painted walls
Hardwood flooring throughout the main living space
Hardwood flooring, recessed lighting, white walls, baseboard heating, and sliding glass doors
Open-concept living space featuring wood-finish flooring, recessed lighting, wood cabinetry, stainless steel appliances, and white tile flooring in th
Brick exterior with a covered porch, concrete flooring, and decorative metal railings
Recessed ceiling lighting
White painted walls, gray carpet, and a white interior door with a silver-tone knob
Bathroom with a wood-finish vanity, integrated sink, tiled walls, and a white toilet
Recessed lighting illuminates a neutral painted interior with a window featuring security bars and baseboard heating
Recessed ceiling lighting, a window with security bars, and baseboard heating
Recessed ceiling lighting, white painted walls, single window with blinds, baseboard heating unit, and gray carpeted flooring
Recessed ceiling lighting, white walls, two paneled interior doors, and grey carpeting
Wood-finish flooring throughout, recessed lighting, and a kitchen alcove with wood cabinetry and a stainless steel refrigerator
Kitchen featuring wood cabinetry, white tile backsplash, stainless steel range with overhead ventilation, and a stainless steel refrigerator
Hardwood flooring, recessed lighting, stainless steel gas range, wood cabinetry, and tiled backsplash
White painted walls with blue carpeting, recessed ceiling lighting, and white paneled doors
Hardwood flooring, recessed ceiling lighting, a window with an awning, and pristine white walls
Recessed ceiling lighting, white painted walls, gray carpeting, and window with blinds
Bathroom featuring a single window, tiled walls, a vanity with a single sink, and a shower-tub combination
Recessed lighting, window with white trim, baseboard heating, and wall-to-wall carpeting
Recessed lighting illuminates the room, featuring white walls and a blue carpeted floor
Concrete patio with direct outdoor access
Additional content
Additional content
Brick facade with white and red awnings, decorative wrought iron fencing, and multiple balconiesBrick exterior with multiple balconies and red awningsEntryway featuring light-colored flooring and recessed lightingHardwood flooring throughout, recessed ceiling light, paneled doors, and light-toned wallsKitchen featuring wood cabinetry, white appliances, and a stainless steel sinkBathroom featuring a full bathtub, window, vanity with integrated sink, wall-mounted medicine cabinet, and tiled wallsCompact kitchen with a built-in range, overhead cabinetry, and patterned flooringHardwood-style flooring, light-toned walls, and a flush-mount ceiling lightWood-finish flooring, white trim details, natural light from a multi-pane window, flush-mount ceiling light fixture, and a glass-paneled doorHardwood flooring, neutral wall tones, built-in closet, and recessed lighting

Description

Welcome to 1012 E 233rd Street, a fully vacant legal three-family home in Wakefield, Bronx, offering flexibility, recent updates, and strong income potential. Recently repainted and refreshed throughout, the property is ready for an owner-occupant, investor, or multi-generational buyer. The home features three separate residences: one 2-bedroom, 1-bath apartment and two 3-bedroom, 1-bath apartments, each offering comfortable layouts and plenty of natural light. A major benefit is the utility setup, with three separate gas meters, three electrical panels, three boilers, and three water heaters, allowing each unit to operate independently. A private gated driveway and one-car garage provide valuable off-street parking and additional convenience for both owners and tenants. With all three apartments delivered vacant, the next owner can establish rents immediately, occupy one unit while renting the others, or operate the entire property as an investment. Based on current rental levels in the area, the property offers the potential to generate approximately $111,600 in gross annual rental income when fully leased at market rates. Conveniently located near transportation, shopping, schools, and neighborhood amenities, 1012 E 233rd Street offers a compelling opportunity to own a true three-family property with separate utilities, parking, and rental upside. Schedule a private showing to see the opportunity firsthand.

Amenities

  • Electricity Available
  • Natural Gas Available
  • Open Floorplan
  • Recessed Lighting
  • Water Available

Long Island MLS

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.