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Luz Ramirez
Licensed Real Estate Salesperson
REALTOR®, SFR
(516) 787-5115
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1022 E 219th Street, Bronx, NY 10469

$1,685,000
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Luz Ramirez
Call: (516) 787-5115
Text: (516) 787-5115

New to the Market
BEDS0 BATHS MLS#1033848
STATUSActive PROPERTY TYPECommercial - SCHOOLContact Agent
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Property Description

Prime Bronx Investment Opportunity | High-Yield 8.24% 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: $1,685,000Gross Annual Income (2026): $164,208 ($13,684/month)Annual Expenses (2025): $25,307Net Operating Income (NOI): $138,901Cap Rate: 8.24%Low-maintenance property with reliable rental history and strong cash flow from day one. Don't miss out on this high-performing asset!

1022 E 219th Street | MLS# 1033848

This commercial property located at 1022 E 219th Street, Bronx, NY 10469 is currently listed for sale with an asking price of $1,685,000. E 219th Street is located within the Contact Agent school district. Search Bronx real estate on luzramirez.laffey.com today.

Property Features

Property Type: Commercial -
Cooling: Wall/Window Unit(s)
Heating: Natural Gas
Lot Size: 0.06 Acres
Stories: 3.0
Taxes: $6,850
Year Built: 1925

Feature Descriptions

Appliances: Gas Oven, Refrigerator
Building Area Total: 2940
Building Features: Balcony
Exterior: Brick
Flooring: Ceramic Tile, Combination, Hardwood, Laminate
Fuel Expense: 5747
Heating Units: 1
Heating Zones: 1
On Market Date: 2026-08-03
Other Structures: Garage(s)
Parcel Number: 04701-0043
Parking Features: Garage
Property Attached Y/N: 1
Rental Term: Monthly
Security Features: Video Cameras
Separate Electric Meters: 6
Separate Gas Meters: 6
Sewer: Public Sewer
Tenant Pays: Electricity, Gas
Units: 5
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Water: Public

Local Schools

School District: Contact Agent

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Preferred Communication Method

Listed By / Shown By

Listing By

Agency Name: Century 21 Kafcos Realty
Agency Contact: 718-518-9101

Shown By

Agent Name: Luz Ramirez
Agent Phone: (516) 787-5115
Agency Title: Laffey Real Estate

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Luz Ramirez
Luz Ramirez Office: (718) 224-3900 Cell: (516) 787-5115 Email: lramirez@laffeyre.com
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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 08/04/2026. The listing information on this page last changed on 08/04/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 08/04/2026 12:56:42 PM EST) or OneKey MLS (last updated Tue 08/04/2026 12:49:11 PM EST). Real estate listings held by brokerage firms other than Laffey Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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