668 E 222nd St
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668 E 222nd St
6,010 SF Specialty Building Offered at $1,700,000 in Bronx, NY 10467
Investment Highlights
- Strategically positioned near major transportation routes, including the Bronx River Parkway.
Executive Summary
ACCEPTED OFFER - No showings. Versatile Property with Endless Potential for End Users or Investors in the Bronx, NY. Discover a unique opportunity at 666-668 E 222nd St, a property with immense potential catering to both end users and savvy investors. Nestled in the heart of Olinville neighborhood in the Bronx, this building currently serves as a house of worship for the Bronx Full Gospel congregation, but its versatility opens the door to various possibilities. Prime Location: located in the desirable Olinville neighborhood, the property is strategically positioned near major transportation routes, including the Bronx River Parkway. Enjoy easy access to Gun Hill Rd subway stops (2,5), 225th St subway station (2,5), the Bx39 bus route, and Woodland and Williams Bridge Metro North Train Stations. Flexible Usage: With a Certificate of Occupancy designating the second and third floors as Single Room Occupancy (SRO) units, the property accommodates various potential uses, making it well-suited for an end user seeking a unique space for residence or community purposes. The sanctuary located on the ground floor has a capacity of 150 people and the property boasts a full height basement that is used as a reception lounge for post service activities and meals. Investment Potential: For investors and developers, this property offers approximately 1,397 sqft of unused air rights, providing a canvas for creative redevelopment projects. The R5A zoning allows for one- and two-family detached residences, maximizing the property's investment potential. This property is ideal for end users - Individuals or organizations looking for a distinctive space with historic charm, whether for residential purposes or community-centric activities.
Property Facts Under Contract
| Price | $1,700,000 | Property Subtype | Religious Facility |
| Price Per SF | $283 | Lot Size | 0.16 AC |
| Sale Type | Investment | Building Size | 6,010 SF |
| Sale Conditions | High Vacancy Property | No. Stories | 3 |
| Property Type | Specialty | Year Built | 1928 |
| Price | $1,700,000 |
| Price Per SF | $283 |
| Sale Type | Investment |
| Sale Conditions | High Vacancy Property |
| Property Type | Specialty |
| Property Subtype | Religious Facility |
| Lot Size | 0.16 AC |
| Building Size | 6,010 SF |
| No. Stories | 3 |
| Year Built | 1928 |
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Walk Score ®
Walker's Paradise (90)
Transit Score ®
Rider's Paradise (93)
Bike Score ®
Very Bikeable (75)
PROPERTY TAXES
| Parcel Number | 04656-0024 | Improvements Assessment | $340,740 |
| Land Assessment | $69,750 | Total Assessment | $410,490 |
PROPERTY TAXES
Parcel Number
04656-0024
Land Assessment
$69,750
Improvements Assessment
$340,740
Total Assessment
$410,490
zoning
| Zoning Code | R5A (R5A contextual districts, mapped in the northeast Bronx neighborhoods of Olinville and Williamsbridge, permit only 1 and 2-family detached residences.) |
| R5A (R5A contextual districts, mapped in the northeast Bronx neighborhoods of Olinville and Williamsbridge, permit only 1 and 2-family detached residences.) |
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Samuel Adler -
Rand Commercial
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668 E 222nd St
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