Courtesy of: Eugene Branca, Century 21 Kafcos Realty, ebranca@gmail.com
Courtesy of: Eugene Branca, Century 21 Kafcos Realty, ebranca@gmail.com
$1,685,000
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Lot: 0.06 Acres
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Other
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$1,685,000
1022 E 219th Street 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!
Courtesy of: Eugene Branca, Century 21 Kafcos Realty, ebranca@gmail.com
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