1022 E 219th Street , Bronx, NY 10469
Bronx, NY 10469
Description
Calling All Investors, Developers & End-Users!!! 100% Occupied 5 Unit Free Market Apartment House With 2 Garages In The Bronx For Sale!!! The Property Features Great Exposure, Strong R4 Zoning, 6 Parking Spaces, (1) 3 Br. Apt., (1) 2 Br. Apt., (2) 1 Br. Apts., (1) Studio Apt., High 8' Ceilings, 2 Stories, 2 Garages, Security Camera System, Upgraded Electrical Service + Meters + Panels, New Windows, New Roof, New Gas Steam Boiler, 2 New Gas Hot Water Heaters, LED Lighting, 200 Amp Power, +++!!! The Property Is Located In The Heart Williamsbridge Minutes From Van Cortlandt Park!!! The Property Is Situated In Between The Bronx River Parkway & Boston Road!!! Neighbors Include Toyota, Amazon, The Home Depot, Costco, LA Fitness, Macy's, Walgreens, Dave & Buster's, Burlington, Aldi, IHOP, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: BF (1 Br.): $29,784 Ann.; Lease Exp.: 2/28/25. BR (1 Br.): $22,740 Ann.; Lease Exp.: 9/30/25. Unit 1 (3 Br.): $39,996 Ann.; M-M. 2F (Studio): $21,900 Ann.; Lease Exp.: 8/30/25. 2R (2 Br.): $24,600 Ann.; Lease Exp.: 12/1/24. 2 Garages: $4,800 Ann. M-M. Gross Income: $143,820 Ann. Expenses: Gas: $4,819 Ann. Maintenance & Repairs: $500 Ann. Water & Sewer: $3,585 Ann. Insurance: $6,148 Ann. Super: $4,308 Ann. Taxes: $6,837.36 Ann. Total Expenses: $26,197 Ann. Net Operating Income (NOI): $117,623 (7.85% Cap!!!)
Details
| Mls | 3587630 |
|---|---|
| Listing Type | For Sale |
| Style | Mixed Use |
| Subtype | Resale |
| Status | Active |
| Year | 1925 |
| Days On Site | 41 |
| Listing Provided By | All Island Estates Realty Corp | Richard Matt Shane |
Features
| Units | 5 |
|---|---|
| Zoning | Multi-Fam |
| Acreage | 0.06 |
Market Activity 10469
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Learn More About This Property
| State | NY |
|---|---|
| County | Bronx |
| City | Bronx |
| Zip Code | 10469 |
| Subarea | 99 |
| Listing VS Median (in 10469) | |
Price: $1,498,000 low | high Med: $699,000 On Site: 41 low | high Med: 82.500000 | |