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850 East 221 Street

850 East 221 Street Bronx, NY 10467

Multi-Family (2-4 Units) MLS #: 11435680 Courtesy Of MAVA CAPITAL HOLDINGS LLC

$1,295,000

10 beds | 6 baths | 3,645 sq ft
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Estimated monthly payments: $5,661/mo.* (recalculate)
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Property InformationDescription

LIVE. OWN. COLLECT. This stunning multifamily featuring 10 bedrooms and 6 full baths presents a unique investment opportunity with 2 units currently VACANT. The entire Building has been fully gut renovated with a new roof installed in 2024. Enjoy luxury living in the Owner's 4 bedroom/2 full bath Garden Unit spanning nearly 1,200 square feet, complete an updated deck and an oversized backyard, parking for 2 cars in the driveway, and the potential for significant rental income. This savvy investment allows you to offset your mortgage while building wealth. For all investors, this property offers tremendous upside to capitalize on a projected 8.5+% CAP RATE by renting all units and parking spaces. Tenants pay separate utilities. 3 Boilers and 3 Hot Water Heaters. Rental income for the entire property can generate over $125,000 in rental income with low expenses. Don't miss this rare opportunity to own a magnificent multi-family with a lucrative investment opportunity. Schedule a viewing today!
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Features

  • Age: 21-30 Years Old
  • Architecture Style: Other

MAP & DIRECTIONS

MAP & DIRECTIONS

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850 East 221 Street, Bronx, NY 10467
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School Information

850 East 221 Street, Bronx, NY 10467

Elementary School
Grades KG-5 | Public School
P.S. 78 ANNE HUTCHINSON SCHOOL
Bronx, NY 10469
1400 Needham Ave
718.­652.1244
Distance: 0.5 mi
School Rating
D+
Student:Teacher Ratio
15:1
Total Students
685
Middle School
Grades 6-8 | Public School
NORTH BRONX SCHOOL OF EMPOWERMENT
Bronx, NY 10467
3710 Barnes Ave
718.­652.0519
Distance: 0.2 mi
School Rating
D+
Student:Teacher Ratio
9:1
Total Students
424
Middle School
Grades 6-8 | Public School
LEADERS OF TOMORROW
Bronx, NY 10467
3710 Barnes Ave
718.­994.1028
Distance: 0.2 mi
School Rating
C
Student:Teacher Ratio
10:1
Total Students
435
Middle School
Grades 6-8 | Public School
THE YOUNG SCHOLARS ACADEMY OF THE BRONX
Bronx, NY 10466
Distance: 0.5 mi
High School
N/A
Other Nearby Schools Distance Type Grades School Rating
Our Lady Of Grace School 0.2 mi Private PK-8
P.s. 21 Philip H. Sheridan School 0.3 mi Public KG-5 D-
Academy-scholarship & Entrepreneurship 0.4 mi Public 9-12 D+
New World High School 0.4 mi Public 9-12 D+
Bronxwood Preparatory Academy (the) 0.4 mi Public 9-12 D-
Bronx Charter School For Excellence 3 0.5 mi Public KG-4 A
Bronx Charter School For Excellence 4 0.5 mi Public KG-3 A-
New Covenant Christian School 0.5 mi Private PK-12
Bronx Aerospace High School 0.6 mi Public 9-12 D
Bronx Academy Of Health Careers 0.6 mi Public 9-12 D
Bronx Lab School 0.6 mi Public 8-12 F
High School For Contemporary Arts 0.6 mi Public 9-12 D-
High School Of Computers And Technology 0.6 mi Public 9-12 D+
Bronx High School For Writing And Communication Arts 0.6 mi Public 9-12 D-
Immaculate Conception School 0.6 mi Private PK-8
P.s. 103 Hector Fontanez School 0.6 mi Public KG-5 B
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Bronx, NY 10467

Median Age: 36.6
Married: 29%
Number of Households: 34,682
Households with Children: 34.9%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
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