7-Unit Apartment
For Sale
$2,100,000
759 E 221st Street, Bronx, NY 10467
Three-story residential property with varied unit layouts in Williamsbridge.
Property Size7,122 SF
Lot Size0.13 Acres
Price / SF$294.86
Days on Market56
Property Features for 759 E 221st Street
General Information
Standard status
Active
Size
7,122 SF
Lot size
0.13 Acres
Property subtype
Multi Family
Zoning
R5
Additional Details
Public Transit
Yes
Multifamily Units
7
Taxes and HOA fees
Annual Taxes
$10,724
Building Details
Building Size
7,122 SF
Year Built
1928
Stories
3
Listing Agency:
eXp Realty
Listed By:
Nadir A. Khan · License #40CA1173900
(888) 276-0630
Source:
Sheridanres
Added: Sep 11
Changed: Nov 4
Last Checked: Nov 5 at 4:30AM
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 eXp Realty
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Investment Insights
Based on property information with market context.
This three-story apartment building contains seven residential units with varied layouts and approximately 7,100+ square feet of interior space. The property occupies a 50 x 114 ft lot and carries R5 zoning. Built in 1928, it is configured as a seven-family residence.
The building is in the Williamsbridge section of the Bronx, between White Plains Road and Barnes Avenue. Neighborhood shopping, restaurants, schools, parks, and everyday services are accessible nearby. WalkScore is 90, TransitScore is 80, and BikeScore is 50.
The building is in the Williamsbridge section of the Bronx, between White Plains Road and Barnes Avenue. Neighborhood shopping, restaurants, schools, parks, and everyday services are accessible nearby. WalkScore is 90, TransitScore is 80, and BikeScore is 50.
Key Highlights
- Seven residential units across three stories
- Approximately 7,100+ square feet of interior space
- 50 x 114 ft lot with R5 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$154,976
Cap Rate
7.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,099,520
$3.1M
Cap Rate 7%
$2,213,943
$2.2M
Cap Rate 9%
$1,721,956
$1.7M
Market Conditions
NOI Build-Up for 7,122 SF
Gross rent
$299.1K $42.00/SF
− Vacancy
−$17.3K −$2.44/SF
EGI
$281.8K $39.56/SF
− OpEx
−$126.8K −$17.80/SF
NOI
$155.0K $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%
$3,099,520
Cap Rate 7%
$2,213,943
Cap Rate 9%
$1,721,956
Alternative Uses
Best Use
Apartment 5plus
$2.21M
$1.94M – $2.58M
NOI $154,976 @ 7.0% cap · market cap 7.38%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$4.94M
$4.32M – $5.76M
NOI $345,453 @ 7.0% cap · market cap 16.45%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
7
Residential units
Location Intelligence
Trade Area within ½ mile
2,719
Businesses Nearby
Explore this area
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - Three-story residential property with varied unit layouts in Williamsbridge.
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 $2,100,000.
What are key features of this property?
This property features: Seven residential units across three stories; Approximately 7,100+ square feet of interior space; 50 x 114 ft lot with R5 zoning
