831 E 221st Street, Bronx, NY 10467
Local realty services provided by:CENTURY 21 Full Service Realty
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....
Contact an agent
Home facts
- Year built:2001
- Listing ID #:951093
- Added:100 day(s) ago
- Updated:April 23, 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
New listings near 831 E 221st Street
- New
$749,999Active4 beds 2 baths1,860 sq. ft.4069 Grace Avenue, Bronx, NY 10466
MLS# 989213Listed by: THE SIDMAR GROUP LLC - New
$339,000Active2 beds 1 baths829 sq. ft.1565 Odell Street #2B, Bronx, NY 10462
MLS# 989509Listed by: BHG RE SHORE & COUNTRY PROP. - New
$499,000Active3 beds 1 baths1,428 sq. ft.2931 Coddington Avenue, Bronx, NY 10461
MLS# 988178Listed by: HOWARD HANNA RAND REALTY - New
$250,000Active0.05 Acres2881 Harrington Avenue, Bronx, NY 10461
MLS# 988790Listed by: HAN TANG REALTY INC. - Open Sun, 12:30 to 2pmNew
$180,000Active1 beds 1 baths750 sq. ft.5645 Netherland Avenue #6E, Bronx, NY 10471
MLS# RLS20086106Listed by: BROWN HARRIS STEVENS RIVERDALE LLC - New
$1,200,000Active4 beds 3 baths1,600 sq. ft.2768 Netherland Avenue, Bronx, NY 10463
MLS# RLS20086143Listed by: BROWN HARRIS STEVENS RIVERDALE LLC - Coming Soon
$649,000Coming Soon3 beds 2 baths159 Husson Avenue, Bronx, NY 10473
MLS# 989288Listed by: LUCIANO RIOS PROPERTY GRP, INC - Open Sat, 2 to 3pmNew
$425,000Active3 beds 2 baths1,100 sq. ft.5500 Fieldston Road #2AA, Bronx, NY 10471
MLS# 988752Listed by: DOUGLAS ELLIMAN REAL ESTATE - New
$786,875Active4 beds 2 baths2,875 sq. ft.3231 Waterbury Avenue, Bronx, NY 10465
MLS# 989283Listed by: GO REAL ESTATE INC. - New
$190,000Active1 beds 1 baths758 sq. ft.5621 Netherland Avenue #3D, Bronx, NY 10471
MLS# 986685Listed by: REAL BROKER NY LLC