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$1,575,000
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Property Description
Prime Bronx Investment Opportunity | High-Yield 8.8% Cap Rate! Incredible turn-key investment opportunity in the Bronx! This well-maintained, 5-family brick walk-up building features free-market rents, excellent collection history, and major mechanical upgrades already completed. Key Building Features: Upgrades: New roof, new garage roof, new windows, upgraded electrical service (meters & panels), upgraded gas service, new gas steam boiler, 2 new gas hot water heaters, and a security camera system. Property Layout: Includes five residential units 3BD, 2BD, 1BD, 1BD, Studio, plus 2 single-car garages generating additional income. Financial Snapshot: Asking Price: $1,575,000 Gross Annual Income (2026): $164,208 ($13,684/month) Annual Expenses (2025): $25,307 Net Operating Income (NOI): $138,901 Cap Rate: 8.8% Low-maintenance property with reliable rental history and strong cash flow from day one. Don't miss out on this high-performing asset!
Full Property Details
Full Property Details for 1022 E 219th St
General
- Price: $1,575,000
- Taxes: $6,850
- Status: Active
- Type: Commercial
- Source: Long_Island
- MLS ID: 1033848
- Updated: 8/26/2026
- Added to Site: 45 day(s) ago
Rental Information
- Complex Features: Balcony
Interior
- Appliances: Gas Oven, Refrigerator
- Flooring: Ceramic Tile, Combination, Hardwood, Laminate
Additional Information
- Security/Safety: Video Cameras
Parking
- Parking Features: Garage
Location
- County: Bronx County
School Information
- High School District: Contact Agent
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Natural Gas
- Heating Zones: 1
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Structural Information
- Detached/Attached: Attached
- Construction: Brick
- Stories/Levels: 3
- Stories in Building: 3
- Building Size: 2940
- Square Feet: 2,940
- Year Built: 1925
Additional Structures
- Other Structures: Garage(s)
Lot Features
- Lot Size (Acres): 0.0601
- Lot Size (Sq. Ft.): 2,618
- Zoning: R4
Financial Considerations
- Tax Amount: $6,850
- Tenant Pays: Electricity, Gas
Disclosures and Reports
- Special Conditions: None
- Property ID: 04701-0043
Listed by Century 21 Kafcos Realty
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Schools
Schools serving 1022 E 219th St
School District:New York City Geographic School District 11
| Name | Grades | Distance |
|---|---|---|
Ps 78 Anne Hutchinson 1400 Needham Ave, The Bronx, NY 10469 | K-5 | 0.2 mi |
Jhs 144 Michelangelo 2545 Gunther Ave, The Bronx, NY 10469 | 6-8 | 1.4 mi |
Pelham Gardens Middle School 2545 Gunther Ave, The Bronx, NY 10469 | 6-8 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1022 E 219th St
Date
Details
Price
Change
Source
8/24/2026
Price Reduced
$1,575,000
-6.53%
MLS
8/03/2026
Listed
$1,685,000
321.25%
MLS
9/30/2011
Sold
$400,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1022 E 219th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,247
—
$38,248
6%
2025
$7,247
6%
$36,084
6%
2024
$6,837
3%
$34,042
3%
2023
$6,629
2%
$33,005
-29%
2022
$6,475
-3%
$46,380
10%
2021
$6,708
5%
$42,120
-10%
2020
$6,365
7%
$46,560
13%
2019
$5,934
10%
$41,160
50%
2017
$5,416
—
$27,504
4%
2017
$5,416
2%
$26,568
—
2016
$5,310
8%
$26,561
6%
2015
$4,900
11%
$25,058
6%
2014
$4,399
9%
$23,640
3%
2013
$4,031
—
$22,920
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1022 E 219th St
1022 E 219th Street, Bronx, NY 10469 (MLS# 1033848) is a Commercial property. 1022 E 219th Street is currently listed for $1,575,000 and was received on August 03, 2026. Want to learn more about 1022 E 219th Street? Do you have questions about finding other Commercial real estate for sale in Bronx? You can browse all Bronx real estate or contact a Coldwell Banker agent to request more information.

