
$1,575,000 USD
Commercial for Sale, 1022 east 219th street, Bronx, New York 10469
- MLS#1033848
- 5
Listed By CENTURY 21 Kafcos Realty
The Commercial Property for Sale located at 1022 east 219th street, Bronx, New York 10469 is currently for sale. 1022 east 219th street, Bronx, New York 10469 is listed for $1,575,000. This property has 5 bathrooms.
Property features
Parking/Garage
- Parking spaces: 4
Bathrooms
- Total bathrooms: 5
- Full bathrooms: 5
Utilities
- Other utilities: City WaterCity Sewer
Description
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!
Location
1022 east 219th street, Bronx, New York 10469