Multi Family 2-4 in Bronx County
| MLS Number | 1035709 |
|---|---|
| Address | 1011 E 221st Street, Bronx, NY 10469 show map |
| Price | $999,000 show mortgage calculator |
| Acres | 0.056818181818182 |
| Year Built | 2023 |
| Est. Sq. Footage | 0 |
| Elementary School | Contact Agent |
| Jr High-Middle School | Call Listing Agent |
| High School | Contact Agent |
| Estimated Taxes | $1,289 |
| Total Apt Units | 2 |
| Total Bedrooms | 6 |
| # 3 Brs | 2 |
Presenting an outstanding, newly built detached 2-family brick residence situated in the highly desirable Williamsbridge section of the Bronx. Engineered for contemporary style, quality construction, and strong cash flow, this property combines a thoughtful 3-over-3 layout with excellent income-producing potential for homeowners and investors alike. Interior Features & Layout Configuration: A spacious multi-unit layout featuring modern finishes, soaring ceilings, open-concept living areas, and an abundance of natural light throughout. First-Floor Unit: Features three comfortable bedrooms and 1.5 bathrooms in a practical, inviting layout. Second-Floor Unit: Features three bedrooms and two full bathrooms, including a generous primary suite with a private bath and direct access to a rooftop balcony for outdoor living and entertaining. Lower Level: A fully finished basement providing valuable additional space suitable for recreation, a home office, storage, or customized flexible uses. Exterior & Parking: Solid detached brick construction complemented by a private driveway offering convenient off-street parking. Financial & Investment Highlights Rental Demand: Backed by strong Williamsbridge rental demand, with total estimated market rents exceeding $5,700 to $6,200+ per month (approximately $69,000+ annually). Unit Breakdown: Standard 3-Bedroom Unit: Approximately $2,800 to $3,000 per month. 3-Bedroom Unit with Primary Suite & Balcony: Approximately $2,900 to $3,200 per month. Strategy: An ideal opportunity for an owner-occupant to offset mortgage costs or for an investor seeking a turnkey, high-yield asset. Prime Location Situated on a quiet residential street with close proximity to public transportation options, shopping centers, local schools, parks, and a wide range of neighborhood amenities. Professional representation, comprehensive rental management, and tenant-placement services are available post-closing to ensure a seamless transition from acquisition to steady cash flow.
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