$1,685,000 - 1022 E 219th Street, Bronx, NY 10469｜ID # 1033848
| ID # | 1033848 |
| Construction Year | 1925 |
| Taxes (per year) | $6,850 |
| Fuel Type | Gas |
| Air Conditioning | Wall Unit AC |
 |
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!
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. © 2026 Century 21 Kafcos Realty. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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