Pending

831 E 221st Street

Bronx, NY 10467
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Bed 7

Bed

Bath 5

Bath

Acres0.07

Acre(Lot)

Prime Income-Producing 3-Family Investment Opportunity in a desirable residential section of the Northeast Bronx. This well-maintained asset features two oversized 3-bedroom, 2-bath apartments, each offering approximately 1,300 square feet of living space, plus a 1-bedroom, 1-bath unit, creating an attractive and diversified rental mix. The property is fully tenant-controlled with separate utilities, including three boilers and three hot water tanks, significantly reducing owner expenses and maximizing net operating income. Two units are occupied by long-term, stable tenants who wish to remain, while the third unit is lease-protected, providing immediate and predictable cash flow. Additional value is enhanced by a 1-car garage and rear yard access through the garage, offering functional am enities and access to the backyard. Located in a strong residential neighborhood with convenient access to public transportation, major highways, shopping, and entertainment, this property benefits from consistent rental demand and long-term appreciation potential. Ideal for investors seeking strong in-place income with upside potential and owner occupants for steady cash flow, in one of the Bronx’s established multifamily markets.

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Detail Ic Property Details

Property Type : Residential Income

Price : $999,000

AD Id : 80070364

MLS Id : 951093

Beds : 7

Lot Size : 0.07 Acre

Year Built : 2001

Garage : 1

County : Bronx

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Feature Features

  • Bedroom Information

    Total beds: 7

    Bathroom Information

    Total Baths: 5 Full Baths: 5
  • Interior Features

    Open Floorplan
  • Heating & Cooling

    Has Heating: Yes Heating: Baseboard Has Cooling: Yes Cooling: Wall/Window Unit(s)

  • Building Information

    Year Built: 2001 Building Area Total: 3775 Construction Materials: Brick Private Pool: No

  • Lot Information

    Lot Size Acres: 0.066 Lot Size Square Feet: 2876

  • Listing Price Information

    Listing Price: $999000 Original Price: $1100000

  • Tax Information

    Parcel Number: 04680-0020 Annual Tax: $9326.08

  • Parking Information

    Garage

    Garage Information

    Has Garage: Yes Garage Space: 1

  • Utility Information

    Natural Gas Available, Cable Connected, Electricity Connected, Natural Gas Connected
  • Location Information

    WaterSource: Public
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The data relating to real estate for sale on this website comes in part from the Internet Data exchange of OneKey MLS. IDX information is provided exclusively 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 deemed reliable but not guaranteed. Copyright © 2026 OneKey MLS. All Rights Reserved

ByOwner last updated this listing 06/13/2026 @ 13:48

MLS: 951093 LISTED BY: Lynette Thomas, EXIT Realty Private Client 718-684-6620 SOURCE: OneKey MLS

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