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    Bronx Multi-Unit Investment Opportunity Title is generated by Realmo AI

    859 E 220 St, Bronx, NY 10467

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    Claim this Listing
    For Sale
    $1,150,000

    Multi-Unit (2-4), Other - Bronx, NY

    Property size:
    2,900 SF
    Price / SF:
    $396/SF
    Added:
    Apr 17, 2026
    Days on Market:
    60
    Last Refresh:
    Jun 15 at 9:06 pm

    Property Features for 859 E 220 St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    100
    Parking features
    Garage
    Standard status
    Active
    Size
    2,900 SF

    Taxes and HOA fees

    Tax Annual Amount
    6304

    Building Details

    Year built
    1920
    Year renovated
    1920
    Architectural style
    Other

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    Listing Contact
    Arduino Colomban

    Listing agent Arduino Colomban

    Listing office SKYLER REALTY LLC 84 ORANGE TPKE, SLOATSBURG, NY

    Listing date Apr 17, 2026

    MLS# 11694303 Listing URL

    Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Multi‑unit property: Four units provide diverse options for living and/or renting.
    • Income potential: Live in one unit and rent out the other three to cover mortgage and taxes.
    • Investment opportunity: Collect rental income from all four units.
    • Upside potential: Current rents are low, suggesting room for increased income.
    • Garage parking.
    • Built in 1920: Classic construction with potential for renovation and appreciation.

    Overview

    This multi-unit property, located in Bronx, NY, presents an investment opportunity. The property is zoned 100 and has potential for rental income. It features a total area of 2900 square feet. The property includes multiple units, offering the possibility of residing in one unit while renting out the others to cover mortgage and taxes. The current rental rates are below market value, suggesting an opportunity to increase income. The lot size is 0 acres.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $107.9k $37.20
    − Vacancy −$7.0k −$2.42
    EGI $100.9k $34.78
    − OpEx −$30.3k −$10.43
    NOI $70.6k $24.35
    2,900 SF · lease $37.20/SF/yr · vacancy 6.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $1.01M
    $882.6K – $1.18M (±1% cap)
    NOI $70,607 @ 7.0% cap · market cap 6.14%
    Second Best
    Apartment 5plus
    $901.5K
    $788.8K – $1.05M (±1% cap)
    NOI $63,105 @ 7.0% cap · market cap 5.49%
    Theoretical Best
    Warehouse
    $2.01M
    $1.76M – $2.34M (±1% cap)
    NOI $140,665 @ 7.0% cap · market cap 12.23%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    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
    -73.857411
    Latitude
    40.882855

    FAQs

    What type of property is this?
    Quadplex - Multi-unit property in the Bronx with income potential.
    Where is this quadplex located?
    The property is located at 859 E 220 St Bronx, NY.
    What is the asking price?
    The asking price for this property is $1,150,000.
    What are key features of this property?
    This property features: Multi‑unit property: Four units provide diverse options for living and/or renting.; Income potential: Live in one unit and rent out the other three to cover mortgage and taxes.; Investment opportunity: Collect rental income from all four units.
    More about this property
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