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23,159 sqft

$5,500,000

674 E 232nd Street, Bronx NY, 10466

Price per sqft$237.49
Built in2011
Property size23,159 sqft
Property typeCommercial
Courtesy of At Home With Yara Realty, Yara Annechiarico Listing Contact: 914-372-1404

Overview

Active

Listed Jun 4, 2026

Updated Aug 21

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.

Additional information

MLS® ID
1008785

Interior Features

Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.24 Acres

Other Property Details

Taxes
$2,674
Tax Frequency
Annually

Listings courtesy of OneKey MLS as distributed by MLS GRID

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Aboagye Realty LLC shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Properties displayed may be listed or sold by various participants in the MLS.

Based on information submitted to the MLS GRID as of 9:30 PM UTC on 8/21/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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