1022 E 219th Street, Bronx, NY

$1,575,000

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2,940

Square feet

0.06

Acres

About 1022 E 219th Street

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!

Features of 1022 E 219th Street

MLS® # 1033848
Price $1,575,000
Square Footage 2,940
Acres 0.06
Taxes $6,850
Year Built 1925
Type Commercial Sale
Sub-Type Multi Family
Status Active

Community Information

Address 1022 E 219th Street
City Bronx
County Bronx County
State NY
Zip Code 10469
Adult 55+ Community No

Amenities

Utilities Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Parking Garage
Is Waterfront No
Has Pool No

Interior

Interior Ceramic Tile, Combination, Hardwood, Laminate
Appliances Gas Oven, Refrigerator
Heating Natural Gas
Cooling Wall/Window Unit(s)
Has Basement No
Fireplace No
# of Stories 3

Exterior

Exterior Brick

School Information

District Contact Agent

Additional Information

Date Listed August 3rd, 2026
Days on Market 30
Zoning R4
Short Sale No
RE / Bank Owned No

Listing Details

OfficeCentury 21 Kafcos Realty
Contact Info718-518-9101

Listing Map

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