7-Unit Apartment
759 E 221st Street, Bronx, NY 10467
For Sale
$2,300,000
Commercial Sale, Bronx, NY
Property Size7,100 SF
Lot Size0.11 Acres
Price / SF$323.94
Days on Market15
Property Features for 759 E 221st Street
General Information
Property type
Property subtype
Zoning
Rooms
Parking features
Basement
Elementary school district
Middle school district
High school district
Standard status
APN
Lot size
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Sewer type
Heating system
Cooling system
Water source
Building Details
Year built
Floors in Building
Number of units
Building materials
Listing Agency:
YourHomeSold Guaranteed Realty · ERA Real Estate
(718) 324-6060
Listed By:
Bakary Camara · License NY 40CA1173900
(917) 568-5763
Added: Oct 27
Changed: Nov 6
Last Checked: Nov 10 at 7:06PM
MLS# 1067369
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This three-story apartment property contains seven residences with varied layouts. Built in 1928, the brick building has a basement and driveway parking. Heating is provided by natural gas radiant and hot-water systems; cooling is via separately metered window or wall/window units. Public water and sewer serve the property.
The property is at 759 E 221st Street in the Williamsbridge section of the Bronx, between White Plains Road and Barnes Avenue. Neighborhood shopping, restaurants, schools, parks, and everyday services are nearby. The site measures 50 by 114 feet, totals 0.1148 acres, and carries R5 zoning.
The property is at 759 E 221st Street in the Williamsbridge section of the Bronx, between White Plains Road and Barnes Avenue. Neighborhood shopping, restaurants, schools, parks, and everyday services are nearby. The site measures 50 by 114 feet, totals 0.1148 acres, and carries R5 zoning.
Key Highlights
- Seven residences arranged in a three‑story building
- 50 x 114 ft lot totaling 0.1148 acres
- R5 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$154,497
Cap Rate
6.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,089,940
$3.1M
Cap Rate 7%
$2,207,100
$2.2M
Cap Rate 9%
$1,716,633
$1.7M
Market Conditions
NOI Build-Up for 7,100 SF
Gross rent
$298.2K $42.00/SF
− Vacancy
−$17.3K −$2.44/SF
EGI
$280.9K $39.56/SF
− OpEx
−$126.4K −$17.80/SF
NOI
$154.5K $21.76/SF
Area
ZIP 10467
Vacancy
5.80%
Lease Rate
$42.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,089,940
Cap Rate 7%
$2,207,100
Cap Rate 9%
$1,716,633
Alternative Uses
Best Use
Apartment 5plus
$2.21M
$1.93M – $2.57M
NOI $154,497 @ 7.0% cap · market cap 6.72%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.39M
$2.96M – $3.95M
NOI $237,142 @ 7.0% cap · market cap 10.31%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
7
Residential units
Location Intelligence
Trade Area within ½ mile
2,719
Businesses Nearby
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Business Placement
Demographics for 10467, NY
103,660
Population
40,582
Households
2.6
Avg Household Size
36
Median Age
22%
College-Educated
75%
High-School Grad
2.3 sq mi
ZIP Area
45,070
Density / Sq Mi
$47,806
Median Household Income
$36,949
Median Earnings
$1,505
Median Rent
$425,500
Median Home Value
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Market
Properties on Market for Apartment buildings in Bronx
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - R5-zoned residences offer varied apartment layouts in a three-story configuration.
Where is this apartment building located?
The property is located at 759 E 221st Street Bronx, NY.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: Seven residences arranged in a three‑story building; 50 x 114 ft lot totaling 0.1148 acres; R5 zoning
