831 E 221st Street, Bronx, NY 10467
Local realty services provided by:Better Homes and Gardens Real Estate Green Team
831 E 221st Street,Bronx, NY 10467
$999,000
- 7 Beds
- 5 Baths
- 3,775 sq. ft.
- Multi-family
- Active
Listed by: lynette j. thomas
Office: exit realty private client
MLS#:951093
Source:OneKey MLS
Price summary
- Price:$999,000
- Price per sq. ft.:$264.64
About this home
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 amenities 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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Home facts
- Year built:2001
- Listing ID #:951093
- Added:98 day(s) ago
- Updated:April 21, 2026 at 10:48 AM
Rooms and interior
- Bedrooms:7
- Total bathrooms:5
- Full bathrooms:5
- Living area:3,775 sq. ft.
Heating and cooling
- Heating:Baseboard
Structure and exterior
- Year built:2001
- Building area:3,775 sq. ft.
- Lot area:0.07 Acres
- Construction Materials:Brick
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$999,000
- Price per sq. ft.:$264.64
- Tax amount:$9,326 (2025)
Features and amenities
- Amenities:Open Floorplan
Parking
- Parking description:Garage
- Garage:Yes
- Garage spaces:1
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