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    Bronx Multifamily Investment Opportunity Title is generated by Realmo AI

    1022 E 219th Street, Bronx, NY 10469

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    For Sale
    $1,498,000

    Five-unit apartment building in Williamsbridge, 100% occupied, investment potential.

    Type:Commercial/Industrial
    Added:
    Mar 12, 2026
    Days on Market:
    73
    Last Refresh:
    Apr 6 at 3:52 am

    Property Features for 1022 E 219th Street

    General Information

    Standard status
    Active
    Property subtype
    Commercial/Industrial

    Building Details

    Year Built
    1925

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    Listing Contact
    Richard Matt Shane

    Listing agent Richard Matt Shane License #10301216230

    Listing office All Island Estates Realty Corp

    Listing date Mar 12, 2026

    Source Exitrealty

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of All Island Estates Realty Corp

    HighLights

    • High Net Operating Income (NOI) of $117,623 with a 7.85% Cap Rate.
    • 100% Occupied 5‑Unit Free Market Apartment House with Income Generating Garages.
    • Upgraded systems including new windows, roof, gas steam boiler, gas hot water heaters, electrical service, meters, and panels.
    • Strong R4 Zoning and 6 Parking Spaces offering development potential.
    • Prime location in Williamsbridge, close to Van Cortlandt Park, Bronx River Parkway, Boston Road, and major retailers.
    • Security Camera System.

    Overview

    This is a fully occupied, five-unit apartment building with two garages, located in the Williamsbridge section of the Bronx. The property features strong R4 zoning and six parking spaces. The building includes one three-bedroom apartment, one two-bedroom apartment, two one-bedroom apartments, and one studio apartment. Interior features include high eight-foot ceilings. The building has two stories. Additional features include a security camera system, upgraded electrical service, meters and panels, new windows, a new roof, a new gas steam boiler, and two new gas hot water heaters. LED lighting and 200 amp power are also present. The property is located in the heart of Williamsbridge, minutes from Van Cortlandt Park, situated between the Bronx River Parkway and Boston Road. Nearby neighbors include Toyota, Amazon, The Home Depot, Costco, LA Fitness, Macy's, Walgreens, Dave & Buster's, Burlington, and Aldi. The gross annual income is $143,820, with a net operating income of $117,623. Income from the units are as follows: one-bedroom apartment (BF): $29,784 annually (lease expires 2/28/25); one-bedroom apartment (BR): $22,740 annually (lease expires 9/30/25); three-bedroom apartment (Unit 1): $39,996 annually (month-to-month); studio apartment (2F): $21,900 annually (lease expires 8/30/25); two-bedroom apartment (2R): $24,600 annually (lease expires 12/1/24); and two garages: $4,800 annually (month-to-month). Annual expenses include gas ($4,819), maintenance and repairs ($500), water and sewer ($3,585), insurance ($6,148), superintendent ($4,308), and taxes ($6,837.36).
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bronx
    County
    Bronx
    State
    New York
    Longitude
    -73.8536
    Latitude
    40.8804

    FAQs

    What type of property is this?
    Apartment building - Five-unit apartment building in Williamsbridge, 100% occupied, investment potential.
    Where is this apartment building located?
    The property is located at 1022 E 219th Street Bronx, NY.
    What is the asking price?
    The asking price for this property is $1,498,000.
    What are key features of this property?
    This property features: High Net Operating Income (NOI) of $117,623 with a 7.85% Cap Rate.; 100% Occupied 5‑Unit Free Market Apartment House with Income Generating Garages.; Upgraded systems including new windows, roof, gas steam boiler, gas hot water heaters, electrical service, meters, and panels.
    More about this property
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