1011 E 221st Street, Bronx, NY 10469

Property Description

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.