1022 E 219th Street, Bronx, NY 10469
- $1,685,000
- List Price
- $1,685,000
- Days on Market
- 0
- MLS#
- 1033848
- Status
- ACTIVE
- Property Type
- Multi Family
- Year Built
- 1925
- Property Tax
- $6,850
- Neighborhood
- Bronx
- School District
- Contact Agent
Property Description
Prime Bronx Investment Opportunity | High-Yield 8.24% 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: $1,685,000 Gross Annual Income (2026): $164,208 ($13,684/month) Annual Expenses (2025): $25,307 Net Operating Income (NOI): $138,901 Cap Rate: 8.24% Low-maintenance property with reliable rental history and strong cash flow from day one. Don’t miss out on this high-performing asset! Contact listing agent for setup details or to schedule a walkthrough.
Additional Information
- Acres
- 0.06
- Parking
- Garage
- Stories
- 3
- Heating
- Natural Gas
- Cooling
- Wall/Window Unit(s)
- Water
- Public
- Sewer
- Public Sewer
Mortgage Calculator
Listing courtesy of Listing Agent: Eugene Branca (ebranca@gmail.com) from Listing Office: Century 21 Kafcos Realty.
Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.