1022 E 219th St
the bronx, NY 10469$1,685,000
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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!
Details
2,940 Sq Ft
2,618 Sq Ft Lot Size
commercial
$571 Monthly Tax
Built in 1925
MLS/Listing ID 1033848
5 Units
Amenities & Features
Combination
Ceramic Tile
Heating - Natural Gas
Parking - Garage
Hardwood
Laminate
Cooling - Wall/window unit(s)
Construction - Brick
Gas Oven
Refrigerator
Public Water
Public Sewer
Estimate my mortgage
TOTAL MONTHLY COST
$0
- PRINCIPAL & INTEREST
$0
- PROPERTY TAXES
$0
- Common Charges
$0
HOME PRICE
DOWN PAYMENT
TERM
INTEREST
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