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Dwell Snap Team

info@dwellsnap.com +1(860) 306-9136

$ 1,498,000

Est. payment -/mo

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Active

1022 E 219th ST Bronx, NY 10469

UPDATED:

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID L3587630

HOA Y/N No

Rental Info No

Year Built 1925

Annual Tax Amount $6,837

Lot Dimensions 24.17x108.33

Property Sub-Type Multi Family

Source onekey2

Property 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!!!)

Location

State NY

County Bronx County

Interior

Fireplace No

Exterior

Private Pool No

Others

Special Listing Condition None

Listed by All Island Estates Realty Corp

Data provided by Home Junction

Dwell Snap Team

Agent | License ID: 10401320877

+1(860) 306-9136

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