737 219Th StThe Bronx, NY 10467

Property Details for 737 219Th St

Year built

1928

Lot size

0.13 AC

Property size (Sq ft)

4,950 SF

Zone code

R5

Property type

Residential income properties

Property subtype

Other apartment buildings

APN

04667-0031

APU

46670031

Description

This exceptional investment opportunity presents a six-unit multifamily property situated at 737 East 219th Street in the Bronx, New York. The property boasts a total of 4,950 square feet across two buildings, including a main three-story structure and a separate three-car garage currently leased to a high-end car mechanic. Built in 1928, the well-maintained stone and brick building features attractive architectural details such as a front courtyard with decorative columns and a steel and glass entrance door. Residents enjoy private terrace/deck areas in the rear. Security features include an intercom system and four security cameras. The apartments are a mix of gas and electric appliances

• CAP approach

  CAP return

  Valuation

  6%

  $1,014,795

  6.5%

  $936,734

  7%

  $869,824

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,002,489

  Geo Method

  $1,002,489

• Alternative Use

  Use

  Valuation

  Residential

  $936,734

  Hospitality

  $858,043

  Educational

  $713,882

  Medical

  $738,433

  Retail

  $1,110,483

Location Insight

City

Bronx

County

Bronx

State

New York

Latitude

40.8834

Longitude

-73.8613

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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