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1011 E 221st Street, Bronx, NY 10469

$999,000
  • 1011 E 221st Street, Bronx, NY 10469 Main Photo

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New to the Market
MLS#1020781
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLContact Agent

Property Description

Discover an outstanding opportunity to own a newly built multi-unit residence in the highly desirable Williamsbridge section of the Bronx. This detached brick property combines contemporary style, quality construction, and excellent income-producing potential, making it an attractive option for both homeowners and investors.Designed with a spacious 3-over-3 layout, each level offers generous living space, soaring ceilings, and an abundance of natural light. The first-floor residence features three comfortable bedrooms and 1.5 bathrooms, providing a practical and inviting layout. The second-floor residence offers three bedrooms and two full bathrooms, including a spacious primary suite with a private bath and direct access to a rooftop balcony-an ideal space to unwind, entertain guests, or enjoy outdoor living.Throughout the property, you'll find modern finishes, open-concept living areas, and thoughtful craftsmanship designed to meet today's lifestyle needs. The fully finished basement provides valuable additional space suitable for recreation, a home office, storage, or other flexible uses.A private driveway offers convenient off-street parking, a highly sought-after feature in this neighborhood. Situated on a quiet residential street, the property enjoys close proximity to public transportation, shopping centers, schools, parks, and a wide range of local amenities.Investment PotentialThis property presents a strong opportunity for rental income, with estimated market rents exceeding $5,700 per month, or approximately $69,000 annually, based on current Williamsbridge rental demand. Three-Bedroom Unit: Approximately $2,800-$3,000 per month Three-Bedroom Unit with Primary Suite & Balcony: Approximately $2,900-$3,200 per monthWhether occupying one residence while generating income from the other or leasing both units, this property offers a compelling combination of cash flow, appreciation potential, and long-term value. Our team also provides rental management and tenant-placement services following purchase, helping simplify the transition from ownership to income generation.A rare opportunity to acquire a brand-new, move-in-ready multi-unit property in one of the Bronx's most established neighborhoods.

1011 E 221st Street | MLS# 1020781

This multi-family property located at 1011 E 221st Street, Bronx, NY 10469 is currently listed for sale with an asking price of $999,000. E 221st Street is located within the Contact Agent school district. Search Bronx real estate on www.laffey.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Finished
Basement: Yes
Cooling: Central Air
Heating: Electric, Other
Home Style: Other
Lot Size: 0.06 Acres
Taxes: $1,289
Year Built: 2023

Amenities

Other

Feature Descriptions

Building Area Total: 2500
Days on Site: 2
Exterior: Brick
On Market Date: 2026-07-05
Parcel Number: 04704-0020
Parking Features: Driveway
Rental Term: Monthly
Sewer: Public Sewer
Units: 2
Utilities: Trash Collection Public
Water: Public

Local Schools

High School: Contact Agent
Elementary School: Contact Agent
School District: Contact Agent

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Estimated Payment

$ 2,622.13 per month $2,223.34 Principal & Interest $107.42 Property Tax $291.38 Homeowner's Insurance

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Listed By / Shown By

Listing By

Agency Name: WW Realty Group Inc
Agency Phone: 917-319-8892

Shown By

Agency Title: Laffey Real Estate
Agency Phone: 1-888-289-6902

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