1022 E 219th Street Bronx, NY 10469
Other
MLS #: 1033848
Courtesy Of Prudential Kafcos Realty
Property InformationDescription
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!
Features
- Age: Over 50 Years Old
- Appliance: Gas Oven
- Appliance: Refrigerator
- Building Units: 5
- Cooling System: Window Unit(s)
- Cooling System: Wall/Window Unit(s)
- Exterior Type: Brick
- Floor Covering: Laminate
- Floor Covering: Combination
- Floor Covering: Hardwood
- Floor Covering: Tile - Ceramic
- Floors: 3
- Heating System: Natural Gas
- MLSID: 1033848
MAP & DIRECTIONS
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
