About This Home
This 0-bedroom, 0-bathroom commercial at 1022 E 219th Street in Bronx, NY is listed for $1,575,000. Built in 1925, on a 0.06 acres lot.
Key Features
- Built in 1925
- 0.06 acre lot
- 3 stories
Property Details
Amenities
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!
Monthly Cost Estimate
$8,423/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1022 E 219th Street
Bronx, NY 10469
Property Details
Flooring
Construction
Parking
Heating
Cooling
Appliances
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 1022 E 219th Street is listed at $1,575,000. The estimated monthly payment is $8,423 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1925, 0.06 acre lot, 3 stories.
This property is listed by Eugene Branca and can be reached at 9174074808.
