Bronx, NY 10467,721 E 222nd ST
$1,050,000
$1,299,999
19.2%
Est.Price: ?

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6 BD
5 BA
3,150 SqFt

721 E 222nd ST Bronx, NY 10467

Est. payment /mo
SOLD DATE : 03/25/2024

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Chaim Reich - Erealty Advisors

Chaim Reich - Erealty Advisors

+1(718) 781-3616

Our team is ready to help you sell your home for the highest possible price ASAP

Key Details

Sold Price $1,050,000

Property Type Multi-Family

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

Square Footage 3,150 sqft

Price per Sqft $333

MLS Listing ID H6288297

Sold Date 03/25/24

Bedrooms 6

Full Baths 5

Originating Board onekey

Rental Info No

Year Built 1930

Annual Tax Amount $7,051

Lot Size 2,178 Sqft

Acres 0.05

Property Description

Introducing 721 East 222nd Street, a legal 5-family gem in the Bronx, ready for an investor's touch. This three-level building, with a usable basement, is vacant and partially gutted, primed for transformation to maximize market rents. No rent-stabilized or controlled units, paving the way for income optimization. The building features a decade-strong roof and is prepped for tenant-paid utilities, with the oil tank removed and 6 gas/electric meters installed. Con Edison is set to enhance power with a 600amp triple-phase service upgrade. Located near the 2/5 subway lines, the property ensures easy commute, boosting tenant appeal. It offers one parking spot and a spacious storage shed, adding convenience. This property is an investor's canvas, ready to be transformed into a lucrative asset in a resilient and growing borough. Seize this opportunity to be part of the Bronx renaissance.

Location

State NY

County Bronx

Interior

Heating Natural Gas, None

Cooling None, Window Unit(s)

Fireplace N

Exterior

Garage Driveway

Parking Type Driveway

Garage No

Building

Lot Description Level

Sewer Public Sewer

Water Public

Structure Type Frame,Vinyl Siding

Schools

Elementary Schools Call Listing Agent

Middle Schools Call Listing Agent

High Schools Call Listing Agent

School District City Of New York

Others

Senior Community No

Special Listing Condition None

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Listed by eRealty Advisors, Inc • (914) 712-6330
Bought with eRealty Advisors, Inc

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Chaim Reich - Erealty Advisors

Salesperson | License ID: 10401360540

+1(718) 781-3616

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