Prime 7 family investment opportunity in Williamsbridge, Bronx ideal for long term income, future development, or a sizable assemblage near the 2 and 5 subway train and major local amenities.
New York, NY 10467
Listing
| Web ID: | 5741262 |
|---|---|
| Website: | https://www.nestseekers.com/5741262 |
Property
| Ownership: | For Sale |
|---|---|
| Type: | Multi-Family |
| Lot Size: | 0.1 Acres |
Financials
Price:$2,100,000
Annual Taxes:$10,724.28
Description
Prime 7-family investment opportunity in Williamsbridge, Bronx – ideal for long-term income, future development, or a sizable assemblage near the 2 and 5 subway train and major local amenities. 7-Family Building Overview: 759 E 221st Street, a solid 3-story, 7-unit residential building on a generous 50 x 114 ft (approx.) lot in the heart of Williamsbridge/Olinville, Bronx R5 zoning district. Built in 1928 and offering approximately 7,100+ sq ft of interior space, this property is perfect for investors seeking stable cash flow in a strong rental market with consistent demand for multifamily housing. The building currently contains seven residential units in a classic Bronx walk-up configuration, with a mix of layouts suitable for long-term tenants and strong rent rolls. Wide frontage and a deep lot provide potential for outdoor yard use, storage, or future upgrades, subject to approvals. Location & Neighborhood: Situated on a quiet, residential block between White Plains Road and Barnes Avenue, the property benefits from a true neighborhood feel while remaining close to shopping, dining, and everyday services along White Plains Road and surrounding avenues. Public transportation is excellent, with the nearby 2 and 5 trains providing easy access to Manhattan and other parts of the Bronx, making this address highly attractive to renters and commuters. Schools, parks, and community facilities are all within a short distance, supporting strong rental demand from professionals who want convenience without sacrificing a residential environment. The 7-family building is being offered with an asking price approximately $2,100,000, reflecting its size, location, and income potential in a strong Bronx rental corridor. Private showings and detailed financials are available to qualified buyers by appointment only.
Amenities
- Electricity Connected
- Natural Gas Connected
Contact
Listing Courtesy of eXp Realty