625 E 222nd St
Bronx, NY 10467
Wakefield- 4 Beds
- 2 Baths
$1,160,000
Last Sold: Jan 27, 2026
3% below list $1.2M
Est. Refi. Payment $6,637/mo*
$1,160,000
Last Sold: Jan 27, 2026
3% below list $1.2M
Est. Refi. Payment $6,637/mo*
4 Beds
2 Baths
Local Information
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Description
625 E 222nd St, Bronx, NY 10467 (Alternate: 3900 Carpenter Ave) This corner property presents an excellent investment opportunity for a developer seeking to maximize returns through ground-up multifamily development. Located in the Wakefield neighborhood of the Bronx, this site is poised for redevelopment under NYC's favorable R6A zoning , which allows for significant vertical expansion, offering a residential FAR of 3. The property benefits from its proximity to major transportation hubs , including the 2 and 5 MTA trains and the Woodlawn Metro-North station, making it highly attractive for future occupants who prioritize access to public transportation. Additionally, the site is located within a favorable tax class (2A), which ensures manageable holding costs, and is situated on a major commercial corridor along White Plains Road, providing easy access to shopping, dining, and essential services. The seller can deliver the property vacant (negotiable) , offering developers a clean slate for immediate redevelopment. Key Highlights: Prime Corner Lot: NE corner lot measuring 4,167 sq. ft . with 47 ft x 88.67 ft dimensions. Zoning Potential: R6A zoning with a residential FAR of 3. The current building has an unused FAR of 8,792 sq. ft., allowing for significant development potential (up to 12,501 sq. ft.). Low Real Estate Taxes: Favorable tax class (2A) with annual taxes of $12,790. Transportation Access: o 5 blocks to the 2 and 5 MTA subway lines. o 11 blocks to the Woodlawn Metro-North station. Commercial Corridor: Located nearby White Plains Road, providing convenient access to commercial amenities. Delivery Vacant: Seller to deliver the property vacant, facilitating immediate development. Property Features: Zoning Development: R6A Zoning: Allows for a residential FAR of 3, providing a significant opportunity to build a multiunit building up to 12,501 sq. ft. Unused FAR: 8,792 sq. ft. available for development, providing great potential for additional units and increased rental income. Corner Lot: Natural light, air, and design potential for new construction. Strategic Location: Major Transportation Hub: 5 blocks from the 2 and 5 trains, connecting to Manhattan and other parts of the Bronx. Proximity to Woodlawn Metro-North stop, giving easy access to regional commuters. Commercial Amenities: Located nearby White Plains Road, offering residents access to grocery stores, restaurants, and other retail options. Strong local demand for units due to proximity to retail and transit. Favorable Tax Structure: Tax Class 2A: Limits tax increases, making it a cost-effective hold during the development process. Low Annual Taxes: $12,790, contributing to lower carrying costs for the developer. Building Specifications: Current Structure: 3 buildings on the lot, including a 2-story, 4-unit residential building with 3,700 sq. ft. of space. Opportunity for Ground-Up Development: Seller will deliver the property vacant, providing a clean slate for new construction. Development Potential: Maximize FAR: Build up to 12,501 sq. ft. of residential space, potentially allowing for multiple units that cater to the high demand for housing in this well-connected area. Residential Demand: Proximity to transit and commercial corridors ensures high demand for rental units in the area. This property offers a rare opportunity for developers looking to capitalize on a high-demand residential area with underutilized FAR, excellent opportunities to obtain taxation discounts, and strategic access to transit and retail amenities.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources.
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Home Highlights
Parking
No Info
Outdoor
No Info
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 625 E 222nd St
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Property Type / Style Property Type: Multi FamilyArchitecture: Other |
Source: Douglas Elliman, MLS#23599722

Price History for 625 E 222nd St
| Date | Price | Event | Source |
|---|---|---|---|
| 01/27/2026 | $1,160,000 | Sold | N/A |
| 09/10/2025 | $1,200,000 | Pending | Douglas Elliman #23599722 |
| 09/10/2025 | $1,200,000 | Listed For Sale | Douglas Elliman #23599722 |
| 05/16/2024 | ListingRemoved | OneKey® MLS as distributed by MLS GRID #H6305727 | |
| 05/08/2024 | $1,400,000 | Listed For Sale | OneKey® MLS as distributed by MLS GRID #H6305727 |
| 03/21/2017 | $10 | Sold | N/A |
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $13,810 |
| Assessment | $613,000 |
Home facts updated by county records
Comparable Sales for 625 E 222nd St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.18 | Multi-Family Home | $780,000 | 03/18/26 | 4 | 2 | - | |
0.12 | Multi-Family Home | $1,000,000 | 05/04/26 | 7 | 3 | 2,320 | |
0.40 | Multi-Family Home | $800,000 | 03/13/26 | 4 | 2 | 1,890 | |
0.39 | Multi-Family Home | $685,000 | 08/20/25 | 4 | 2 | 1,408 | |
0.39 | Multi-Family Home | $980,000 | 08/15/25 | 4 | 3 | 2,155 | |
0.35 | Multi-Family Home | $949,000 | 04/27/26 | 5 | 3 | 2,720 | |
0.29 | Multi-Family Home | $950,000 | 02/24/26 | 7 | 3 | 2,786 | |
0.56 | Multi-Family Home | $800,000 | 09/29/25 | 4 | 2 | 2,125 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 625 E 222nd St.
What Locals Say about Wakefield
At least 852 Trulia users voted on each feature.
91 % Say there are sidewalks
85 % Say it's walkable to grocery stores
74 % Say it's dog friendly
71 % Say it's walkable to restaurants
67 % Say streets are well-lit
65 % Say yards are well-kept
59 % Say there's holiday spirit
56 % Say kids play outside
52 % Say car is needed
49 % Say people would walk alone at night
45 % Say neighbors are friendly
45 % Say they plan to stay for at least 5 years
43 % Say it's quiet
40 % Say parking is easy
40 % Say there's wildlife
30 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
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625 E 222nd St, Bronx, NY 10467 is a 4 bedroom, 2 bathroom multi-family. 625 E 222nd St is located in Wakefield, Bronx. This property is not currently available for sale. 625 E 222nd St was last sold on Jan 27, 2026 for $1,160,000 (3% lower than the asking price of $1,200,000). The current Trulia Estimate for 625 E 222nd St is $972,600.