USANYBronx854 E 229Th St
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New
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$1,400,000

For Sale

2 days ago

854 E 229Th St, Bronx

House

MLS® 4050831

9 Bed

3 Bath

--

4 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage 
Taxes $9,141
Days Active 2
Lot Size 
Approx. Age 1910
MLS® Number 4050831

Property Address: 854 E 229th St, Bronx, NY, 10466-4415

Average square foot calculated using Size range provided by listing agent.

Description

Prime Bronx Investment opportunity regarding a legal three-family brick home situated on a spacious lot. opportunity for developers and investors: Solid, all-brick, three-family property on a 50' x 114.5' lot, zoned 4, in the Bronx. Exceptional Well-maintained structure with 4 detached/covered garages " delivering immediate rental income and rare expansion potential on a single site. Three boilers, four electric meters, and three gas meters. Additionally, the property offers exceptional parking and storage solutions, including garages, a private driveway. Conveniently located just minutes from the 233rd Street MTA station, the property provides easy access to major highways, buses, schools, and local shops. Lot: 50' x 114.5'-- with buildable parcel.- Zoning: R4 multi-fam residential zoning. It permits another 3-family building (subject to DOB approvals). Building: All-brick construction, three income-producing units. Delivering immediate rental income and rare expansion potential on a single site. - Economies of scale: Shared lot reduces acquisition costs per unit compared with buying separate properties;development costs concentrated on one parcel.- Strong ROI potential: Below-market asking price for combined lot and build potential.opportunity for unit count expansion, rent growth after renovation, or a 2-property sale strategy.- Flexible exit strategies: Hold for stabilized cash flow, renovate and increase rents, or develop and sell the new 3-family
MLS® Number4050831
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1910
Basement
DrivewayAdditional Parking, Driveway-Exclusive, Parking Lot-Exclusive
Garage Spaces
HeatHeat Source: Gas-Natural, Heating Type: Baseboard - Hotwater
A/CNone

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Sep 6, 2026List Date
$1,400,000List Price
  • Commute

Commute

Starting Address
Destination Address
854 E 229Th St, Bronx,

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