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1011 E 221st St, The Bronx, NY 10469

Beds
6
Baths
3
Sqft
2,500

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Listed byWW Realty Group Inc
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Overview

2 UNITS. 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 Potential

This 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 month

Whether 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.

Location

Full feature list

Basic info

Property type
Multi-family
Number of bedrooms
6
Number of bathrooms
3
Square feet
2,500
Lot size (acres)
0.06
Year built
2023

Interior features

Basement
Yes, Finished

Utilities

Heating
Electric, Other
Cooling
Central Air
Sewer
Public Sewer
Water
Public Water

Taxes

Tax Annual Amount (2024)
$1,289

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Onekey MLS MLS®#: 1020781 Last checked:

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