Ad #7787361
MLS #1015526
CAP RATE OF OVER 10% Exceptional multifamily investment
856 E 213th St, Bronx, NY 10467
$6,480,000
--Beds
--Baths
--Sqft
0.21Acres
About this property
CAP RATE OF OVER 10% Exceptional multifamily investment opportunity in the heart of the Bronx. Built in 2012, 856 East 213th Street is a six-story elevator building offering investors a rare combination of modern construction, strong in-place cash flow, and long-term appreciation potential. Situated on a 9,278-square-foot lot and encompassing approximately 27,891 square feet, the property consists of 36 residential units featuring a desirable mix of one- and two-bedroom apartments. The building currently generates approximately $58,693 in monthly gross rental income and has been professionally maintained, making it an attractive turnkey investment for both private and institutional buyers. Unlike many older multifamily assets in New York City, this property benefits from newer construction, contemporary building systems, elevator service, and an attractive brick facade, helping to minimize capital expenditure concerns while maximizing tenant appeal. A valuable on-site parking garage provides an additional amenity that enhances tenant retention and adds long-term value. Located in one of the Bronx's strongest rental markets, the property enjoys convenient access to public transportation, major highways, shopping, dining, schools, and neighborhood services, supporting consistent tenant demand. Whether you're seeking stable cash flow, portfolio diversification, or a well-positioned multifamily asset with future upside, 856 East 213th Street presents a rare opportunity to acquire a modern, income-producing building in one of New York City's most resilient rental markets.
Property Features
0 Beds
0 Baths
0 Sqft
Built in 2012
0.21 Acres
Siding: Brick
Electric (Heating), Baseboard
$3,311 / yr property tax
Bronx County
Additional Photos
Contact Information
Valon Nikci
Link NY Realty
646-321-9428
Location
Listing Agent: Valon Nikci 646-321-9428
Broker: Link NY Realty 646-321-9428 Listing Site
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Link NY Realty 646-321-9428 Listing Site
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BeachHouse.com
Printed Aug 11, 2026
Photo Gallery
$6,480,000
--
Beds
--
Baths
--
Sqft
856 E 213th St, Bronx, NY 10467
By contacting this agent you agree to these Terms and Conditions.
MLS# 1015526
CAP RATE OF OVER 10% Exceptional multifamily investment
$6,480,000
856 E 213th St, Bronx, NY 10467
--
Beds
--
Baths
--
Sqft
0.21
Acres
$6,480,000
856 E 213th St, Bronx, NY 10467
-- Beds
-- Baths
-- Sqft
0.21 Acres
CAP RATE OF OVER 10% Exceptional multifamily investment opportunity in the heart of the Bronx. Built in 2012, 856 East 213th Street is a six-story elevator building offering investors a rare combination of modern construction, strong in-place cash flow, and long-term appreciation potential. Situated on a 9,278-square-foot lot and encompassing approximately 27,891 square feet, the property consists of 36 residential units featuring a desirable mix of one- and two-bedroom apartments. The building currently generates approximately $58,693 in monthly gross rental income and has been professionally maintained, making it an attractive turnkey investment for both private and institutional buyers. Unlike many older multifamily assets in New York City, this property benefits from newer construction, contemporary building systems, elevator service, and an attractive brick facade, helping to minimize capital expenditure concerns while maximizing tenant appeal. A valuable on-site parking garage provides an additional amenity that enhances tenant retention and adds long-term value. Located in one of the Bronx's strongest rental markets, the property enjoys convenient access to public transportation, major highways, shopping, dining, schools, and neighborhood services, supporting consistent tenant demand. Whether you're seeking stable cash flow, portfolio diversification, or a well-positioned multifamily asset with future upside, 856 East 213th Street presents a rare opportunity to acquire a modern, income-producing building in one of New York City's most resilient rental markets.
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Property Details
HOME DETAILS
0 Beds
0 Baths
0 Sqft
Built in 2012
0.21 Acres
EXTERIOR
Siding: Brick
INTERIOR
Electric (Heating), Baseboard
FINANCIAL & COMMUNITY
$3,311 / yr property tax
Bronx County
See More Details
Location
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Ad Statistics
Ad Number
7787361
Viewed
40 times
Listing Status
Active
Added
Jun 22, 2026
Last Refreshed
Jul 03, 2026 06:17:28 PM
Listing Information
Data Source
OneKey MLS
Source Property ID
1015526
Listing Agent: Valon Nikci 646-321-9428
Broker: Link NY Realty 646-321-9428 Listing Site
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Link NY Realty 646-321-9428 Listing Site
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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