MLS#1008785
STATUSActive
PROPERTY TYPECommercial -
SCHOOLContact Agent
Property Description
Marilyn's Place (674 & 676 & 678 East 232nd Street) WHERE THE NUMBERS DO THE TALKING. This is the deal you've been underwriting in your head. the one where the expenses are real, the financing is already done, and the income holds. This isn't a value add pitch dressed up with potential. It's a fully operational, 30 unit, 3 building portfolio that walks in the door with every major advantage stacked in your favor.The mortgage? Assumable. In a market where financing is the first obstacle, this property hands you a solution before you even ask the question.TAXES? Abated. Your bottom line is protected from day one.Water & Electric (common area)? Landlord-paid. Tenants stay. Vacancies shrink. NOI holds.Expenses? Extremely low. This isn't marketing language it's the actual operating profile of a 2011-built property that was designed and managed to perform.30 apartments. 3 buildings. One rare opportunity to acquire a stabilized Bronx multifamily asset where the cash flow story doesn't require imagination it requires a calculator. you won't need a second showing. It will need a best offer.
Property Features
Property Type: Commercial -
Basement: Common
Cooling: Wall/Window Unit(s)
Heating: Natural Gas
Lot Size: 0.24 Acres
Taxes: $2,674
Year Built: 2011
Feature Descriptions
Building Area Total: 23159
Days on Site: 1
Exterior: Brick
Fuel Expense: 0
Heating Zones: 10
On Market Date: 2026-06-04
Parcel Number: 04834-0079
Parking Features: None
Property Attached Y/N: 1
Rental Term: Monthly
Separate Electric Meters: 11
Separate Gas Meters: 10
Sewer: Public Sewer
Tenant Pays: Electricity, Gas, Heat
Units: 30
Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Connected, Trash Collection Public, Water Connected
Water: Public
Local Schools
High School: Contact Agent
Elementary School: Contact Agent
School District: Contact Agent
Listed By / Shown By
Listing By
Agency Name: At Home With Yara Realty
Agency Contact: 914-372-1404
Shown By
Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)
Broker Headquarters, 621 Columbia St. Suite 800, Cohoes, NY 12047
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674 E 232nd Street | MLS# 1008785
This commercial property located at 674 E 232nd Street , Bronx, NY 10466 is currently listed for sale with an asking price of $5,500,000. E 232nd Street is located within the Contact Agent school district. Search Bronx real estate on www.coldwellbankerchoice.com today.