2,940 sqft

$1,575,000

1022 E 219th Street, Bronx NY, 10469

Price per sqft$535.71

Built in1925

Property size2,940 sqft

Property typeCommercial

Courtesy of Century 21 Kafcos Realty, Eugene Branca Listing Contact: 718-518-9101

Overview

Active

Listed Aug 3, 2026

Updated Aug 27

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!

Additional information

MLS^® ID: 1033848

Interior Features

Cooling: Yes
Heating: Yes
Basement: No

Exterior Features

Lot Size: 0.06 Acres

Other Property Details

Taxes: $6,850
Tax Frequency: Annually
Garage: Yes

Listings courtesy of OneKey MLS as distributed by MLS GRID

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Based on information submitted to the MLS GRID as of 3:59 AM UTC on 8/27/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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