674 E 232nd Street, Bronx, NY

$5,500,000

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23,159

Square feet

0.24

Acres

About 674 E 232nd Street

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.

Features of 674 E 232nd Street

MLS® # 1008785
Price $5,500,000
Square Footage 23,159
Acres 0.24
Taxes $2,674
Year Built 2011
Type Commercial Sale
Sub-Type Multi Family
Status Active

Community Information

Address 674 E 232nd Street
City Bronx
County Bronx County
State NY
Zip Code 10466
Adult 55+ Community No

Amenities

Utilities Cable Available, Electricity Available, Natural Gas Available, Sewer Connected, Trash Collection Public, Water Connected
Parking None
Is Waterfront No
Has Pool No

Interior

Heating Natural Gas
Cooling Wall/Window Unit(s)
Has Basement Yes
Basement Common
Fireplace No

Exterior

Exterior Brick

School Information

District Contact Agent
Elementary Contact Agent
Middle Call Listing Agent
High Contact Agent

Additional Information

Date Listed June 4th, 2026
Days on Market 90
Zoning R6A
Short Sale No
RE / Bank Owned No

Listing Details

OfficeAt Home With Yara Realty
Contact Info914-372-1404

Listing Map

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