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Sold on 02/20/2024
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721 E 222nd St, Bronx, NY 10467

  • $1,050,000

    Last sold 02/20/2024 after 12 Days

  • 6

    bed

  • 5

    bath

  • 3,150

    Sqft ($333/Sqft)

Multi-family not for sale
Movoto is helping 225 homebuyers near you

About 721 E 222nd St

Property type Multi-family
Year built 1930
HOA fee $0/month
Lot size 2,178 Sqft
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.
Listed by
Listing Agent - Michael A. Moretti
Listing Office - eRealty Advisors, Inc
Source: OneKey MLS mls logo
MLS#H6288297 • last updated 2 years ago
Movoto checked OneKey MLS for data 16 minutes ago
Overview
Cooling/AC None, Window Unit(s)
Heating Natural Gas, None
MLS # H6288297
SubType Multi Family
Status Closed
SqFt 3150
Type Residential Income
Lot Size (SqFt) 2217
Lot Size (Acres) 0.05
Property Tax 7051
Tax Assessed Value 534000
Year Built 1930
Interior
Total # of Bathrooms 5
# of Full Baths 5
Total # of Bedrooms 6
Exterior
Construction Frame, Vinyl Siding
Parking Driveway
Lot Features Level
Amenities / Utilities
Water Source Public
Location
County Bronx
Elementary School Call Listing Agent
Middle School Call Listing Agent
Elementary School District City Of New York
Middle School District City Of New York
High School District City Of New York
High School Call Listing Agent
APN 04836-0036
Lot/ Land Details
Road Responsibility Public Maintained Road
We are not permitted to show value estimates for this property.
  • Apr 2024
    Public Records
  • Apr 5, 2024 Sold
    $1,050,000
  • Mar 2024
    mls logo MLS # H6288297
  • Mar 25, 2024 Sold
    $1,050,000 (-19.2%)
  • Feb 20, 2024 Pending
    —
  • Feb 8, 2024 Listed
    $1,299,999 (+459.3%)
  • Nov 2022
    Public Records
  • Nov 10, 2022 Sold
    $232,437
  • Year Property taxes Tax assessment
  • 2025
    $9,380 +7.0%
    $75,043 +6.98%
  • 2024
    $8,770 +4.6%
    $70,149 -70.81%
  • 2023
    $8,386 +16.5%
    $240,300 +26.06%
  • 2020
    $7,200 +7.0%
    $190,620
  • 2019
    $6,731
    $190,620
  • 721 E 222nd St
    $1.05M
  • —
  • 10467
    $225K 0% y/y
  • Bronx
    $282K +2% y/y
No chart available
Statistics calculated by Movoto

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2/10
Ps 21 Philip H Sheridan
public Grades K-5
New York City Geographic District #11
Source: GreatSchools.org © 2026. All rights reserved.

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