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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!
| Listed | August 3, 2026 |
| Days on Market | 30 |
| Last Updated | August 26, 2026 |
Full public sale/price history isn't available through our listing feed for this property.
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1022 E 219th Street – For Sale
1022 E 219th Street – For Sale
Due to recent rule changes, buyer agent commissions are no longer advertised on the MLS. NestApple estimates your rebate as up to 2% of the purchase price, based on our standard commission-sharing arrangement. Prior to any showing, we will confirm the exact commission and rebate amount with the listing agent and with you in writing. Commissions are not set by law and are fully negotiable. Listing information for this property is sourced via the REBNY RLS, which does not fix, control, recommend, suggest or maintain any commission rates and/or fees for services, and is not the source of any commission information.
Closed-sale data isn't available through our current listing feed for this neighborhood.
