USANYNew York856 E 213Th Street
856 E 213Th Street | Image 1
New
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$6,480,000

For Sale

4 hours ago

856 E 213Th Street, New York, NY

House

MLS® 1015526

0 Bed

0 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage 
Taxes $3,311
Days Active 0
Lot Size 0.213 Acres
Approx. Age 2012
MLS® Number 1015526

Property Address: 856 E 213th Street, New York, NY, 10467

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number1015526
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age2012
BasementFull
DrivewayOther
Garage Spaces
HeatBaseboard, Electric
A/CCentral Air, Varies by Unit, Wall/Window Unit(s)

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 22, 2026List Date
$6,480,000List Price
  • Commute

Commute

Starting Address
Destination Address
856 E 213Th Street, New York, NY

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