1022 219th Street, New York, NY, 10469
$1,685,000
activeLot Size
2,618 sqft
Year Built
1925
Stories
3
Type
Commercial
Estimate. Actual payment depends on credit, lender, taxes, and insurance.
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.
Listed by Eugene Branca, Century 21 Kafcos Realty
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