Welcome to 1012 E 233rd Street, a fully vacant legal three-family home in Wakefield, Bronx, offering flexibility, recent updates, and strong income potential. Recently repainted and refreshed throughout, the property is ready for an owner-occupant, investor, or multi-generational buyer. The home features three separate residences: one 2-bedroom, 1-bath apartment and two 3-bedroom, 1-bath apartments, each offering comfortable layouts and plenty of natural light. A major benefit is the utility setup, with three separate gas meters, three electrical panels, three boilers, and three water heaters, allowing each unit to operate independently. A private gated driveway and one-car garage provide valuable off-street parking and additional convenience for both owners and tenants. With all three apartments delivered vacant, the next owner can establish rents immediately, occupy one unit while renting the others, or operate the entire property as an investment. Based on current rental levels in the area, the property offers the potential to generate approximately $111,600 in gross annual rental income when fully leased at market rates. Conveniently located near transportation, shopping, schools, and neighborhood amenities, 1012 E 233rd Street offers a compelling opportunity to own a true three-family property with separate utilities, parking, and rental upside. Schedule a private showing to see the opportunity firsthand.
| MLS # | 1058244 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1975 |
| Days On Site | 19 |
| Listing Provided By | Douglas Elliman Real Estate | David Orellana |
| Bed(s) | 8 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 2,650 |
| Garage | 1 |
| Units | 3 |
| Cooling | Wall/Window Unit(s) |
|---|---|
| Heating | Natural Gas |
| Interior Features | Open Floorplan, Recessed Lighting |
| Construction Materials | Brick |
|---|
| Garage Yes / No | Yes |
|---|---|
| Parking Features | Driveway, Private |
| Utilities | Electricity Available, Natural Gas Available, Water Available |
|---|---|
| Sewer | Public Sewer |
| Tax Year | 2025 |
|---|---|
| Tax Annual Amount | 7410 |
| State | NY |
|---|---|
| County | Bronx County |
| City | Bronx |
| Zip Code | 10466 |
| School District | New World High School |
| Elementary School | Ps 87 |
| High School | New World High School |
| Listing VS Median (in 10466) | |
Price: $1,149,000 low | high Med: $700,000 sqft: 2,650 low | high Med: 4,300 $ / sqft: $434 low | high Med: $163 On site: 19 low | high Med: 446 | |
| State | NY |
|---|---|
| County | Bronx County |
| City | Bronx |
| Zip Code | 10466 |
| School District | New World High School |
| Elementary School | Ps 87 |
| High School | New World High School |
| Listing VS Median (in 10466) | |
Price: $1,149,000 low | high Med: $700,000 sqft: 2,650 low | high Med: 4,300 $ / sqft: $434 low | high Med: $163 On site: 19 low | high Med: 446 | |
![]() | $1,025,0001010 E 233rd StreetBronx, NY 10466 |
![]() | $890,0001022 E 232nd StreetBronx, NY 10466 |
![]() | $995,0001027 E 231st StreetBronx, NY 10466 |