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Susan Maryanski

Operator | Opulent Living | Keller Williams City Life

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854 229th St , New York, NJ 10466
$1,350,000
Est. Payment: $7,367.50/mo
9 Bed
3 Bath
Status: active | Days on site: 23
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5783 - 395034
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Susan Maryanski
Operator

House 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

Highlights

Listed by HERMINIA FLORIMON , MP GRACIELA FLORIMON , 347-338-8641. Garden State MLS

Property Type

Multi-Family

Year Built

1910

County

Other

Listing ID

4050831

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:9
  • ▪ Bathrooms:3
  • ▪ Full Bathrooms:3
Other:
  • ▪ Additional:See Remarks
Water:Public Water

Exterior Features

Lot Dimensions:5,721
Roof:See Remarks
Others:
  • ▪ Additional:See Remarks, Brick, Additional Parking, Driveway-Exclusive, Parking Lot-Exclusive
Sewer:Public Sewer
Principal Interest
$7,368
Taxes
$762

Home Price

$1,350,000

Loan Details

30 yrs
7.25%

Down Payment

20%
$270,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$7,367.50

Principal

Taxes

Principal Taxes HOA Total
Monthly $7,367.50 $761.75 $0.00 $8,129.25
Yearly $88,410.05 $9,141.00 $0.00 $97,551.05
Total $2,652,301.38 $274,230.00 $0.00 $2,926,531.38

Today's Rates

30 Year

7.25%

20 Year

7.06%

15 Year

6.58%

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Market insight data is pulled from the same city as the listing being viewed (New York, NJ).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Garden State MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-10-22T20:59:54.000Z

© 2026 Garden State MLS