For Sale Multi-Family MLS# 1033848

1022 E 219th Street

Bronx, NY 10469

$1,575,000

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About 1022 E 219th Street

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!

Property details

Property

Type
multi
Year built
1925
Living area
2,940 sqft
Price / sqft
$536
Lot
0.0601 ac
List date
Aug 3, 2026

Schools

District
New York City Department Of Education

Location

Subdivision
Williamsbridge
Neighborhood
Williamsbridge

Location

Neighborhood
Williamsbridge
School district
New York City Department Of Education

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Listed by Century 21 Kafcos Realty

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.