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$1,575,000 USD
1022 east 219th street
Bronx, New York 10469
USA
Bronx, New York 10469
USA
5 full baths
Commercial for Sale, Multi-Family Home
Sale price per sqm: 0
Remarks:
Prime Bronx Investment Opportunity | High-Yield 8.8% Cap Rate! Incredible turn-key investment opportunity in the Bronx! This well-maintained, 5-family brick walk-up building features free-market rents, excellent collection history, and major mechanical upgrades already completed. Key Building Features: Upgrades: New roof, new garage roof, new windows, upgraded electrical service (meters & panels), upgraded gas service, new gas steam boiler, 2 new gas hot water heaters, and a security camera system. Property Layout: Includes five residential units 3BD, 2BD, 1BD, 1BD, Studio, plus 2 single-car garages generating additional income. Financial Snapshot: Asking Price: $1,575,000 Gross Annual Income (2026): $164,208 ($13,684/month) Annual Expenses (2025): $25,307 Net Operating Income (NOI): $138,901 Cap Rate: 8.8% Low-maintenance property with reliable rental history and strong cash flow from day one. Don’t miss out on this high-performing asset!
Features:
- Number of Levels: 3
- Utilities: City Water, City sewer
- Number of parking spaces: 4
- Garage Spaces: 2
Location:
1022 east 219th street, Bronx, New York 10469, USA
Listed By CENTURY 21 Kafcos Realty
The Commercial for Sale, Multi-Family Home located at 1022 east 219th street, Bronx, New York 10469, USA is currently for sale. 1022 east 219th street, Bronx, New York 10469, USA is listed for $1,575,000 USD. This property has 5 full baths. If the property located at 1022 east 219th street, Bronx, New York 10469, USA isn't what you're looking for, search New York Real Estate to see other Commercial For Sale in Bronx.
