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Williamsbridge Multifamily Investment Opportunity

759 E 221st St The, Bronx, NY 10467

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For Sale

$2,250,000

7-unit residential building in Williamsbridge, Bronx, ideal for investment.

Type:Commercial

Property size:

7,100 SF

Lot size:

0.11 Acres

Price / SF:

$316/SF

HighLights

Prime 7‑family investment property in a strong Bronx rental market.
Convenient location near the #2 train, providing easy access to Manhattan.
Generous 50 x 100 ft lot with R5 zoning, offering potential for future development.
Substantial interior space of approximately 7,100+ sq ft.
Located in a desirable area with a 'Very Walkable' score of 77, close to amenities.
Stable cash flow potential with a mix of unit layouts.

We can help!

Listing Contact

Nadir A. Khan

Learn more

For Sale

$2,250,000

7-unit residential building in Williamsbridge, Bronx, ideal for investment.

Type:Commercial

Property size:

7,100 SF

Lot size:

0.11 Acres

Price / SF:

$316/SF

Added:: Apr 28, 2026
Days on Market:: 57
Last Refresh:: Apr 28 at 7:36 am

Property Features for 759 E 221st St The

General Information

Standard status: Active
Size: 7,100 SF
Lot size: 0.11 Acres
Property subtype: Commercial

Building Details

Year Built: 1928

We can help!

Listing Contact

Nadir A. Khan

Listing agent Nadir A. Khan

Listing office

Listing date Apr 28, 2026

Source Elliman

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 Nadir A. Khan

HighLights

Prime 7‑family investment property in a strong Bronx rental market.
Convenient location near the #2 train, providing easy access to Manhattan.
Generous 50 x 100 ft lot with R5 zoning, offering potential for future development.
Substantial interior space of approximately 7,100+ sq ft.
Located in a desirable area with a 'Very Walkable' score of 77, close to amenities.
Stable cash flow potential with a mix of unit layouts.

Overview

Located in Williamsbridge, Bronx, this 7-family residential building presents an investment opportunity. Constructed in 1928, the 3-story plus walk-in basement building contains approximately 7,100 sq ft of interior space and is situated on a 50 x 100 ft lot. The property is zoned R5 and features seven residential units with a mix of layouts. The building is suitable for long-term tenants and consistent rent rolls. The property's wide frontage and deep lot offer potential for outdoor yard use, storage, or future upgrades, subject to approvals. Situated on a residential block between White Plains Road and Barnes Avenue, the property is near shopping, dining, and services along White Plains Road and surrounding avenues. Transportation is readily accessible, with the #2 train nearby, providing access to Manhattan and other parts of the Bronx. Schools, parks, and community facilities are within a short distance. The property is suitable for long-term income, future development, or a sizable assemblage. The location has a walk score of 77, indicating it is very walkable, and a transit score of 54, indicating good transit options. The bike score is 27, indicating it is somewhat bikeable.

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$298.2k	$42.00
− Vacancy	−$17.3k	−$2.44
EGI	$280.9k	$39.56
− OpEx	−$126.4k	−$17.80
NOI	$154.5k	$21.76

7,100 SF · lease $42.00/SF/yr · vacancy 5.80% · expense 45.00%

Alternative Uses

Best Use

Apartment 5plus

$2.21M

$1.93M – $2.57M (±1% cap)

NOI $154,497 @ 7.0% cap · market cap 6.87%

Second Best

—

no second resolved use

Theoretical Best

Warehouse

$4.92M

$4.30M – $5.74M (±1% cap)

NOI $344,386 @ 7.0% cap · market cap 15.31%

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

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Location Insight

Map
Local Demand

City: Bronx
County: Bronx
State: New York
Longitude: -73.859743
Latitude: 40.884493

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For sale
Apartment buildings
NY
Bronx
10467
759 E 221st St The

What type of property is this?

Apartment building - 7-unit residential building in Williamsbridge, Bronx, ideal for investment.

Where is this apartment building located?

The property is located at 759 E 221st St The Bronx, NY.

What is the asking price?

The asking price for this property is $2,250,000.

What are key features of this property?

This property features: Prime 7‑family investment property in a strong Bronx rental market.; Convenient location near the #2 train, providing easy access to Manhattan.; Generous 50 x 100 ft lot with R5 zoning, offering potential for future development.