1011 E 221st Street

Description

Take advantage of this exceptional opportunity to own a newly constructed multi-unit home in the highly sought-after Williamsbridge neighborhood of the Bronx. This stunning detached brick property seamlessly blends modern design with timeless appeal and is thoughtfully designed for comfort, convenience, and long-term investment potential. The home features a desirable 3-over-3 layout, with each unit offering spacious living areas, high ceilings, and abundant natural light. The first-floor unit includes three well-sized bedrooms and 1.5 bathrooms, providing a comfortable and functional living space ideal for an owner-occupant or tenant. The second-floor unit offers even more space, featuring three bedrooms and two full bathrooms, including a primary suite with a private en-suite bath and access to a beautiful roof balcony—perfect for relaxing, entertaining, or enjoying your morning coffee. Both units showcase modern finishes, open-concept layouts, and quality craftsmanship throughout. The fully finished basement adds valuable flexible space, ideal for recreation, storage, or potential in-law use (subject to buyer verification). Completing the property is a private driveway with off-street parking—a rare and highly desirable feature in this area. Located on a quiet residential block, the home is conveniently close to public transportation, shopping, schools, parks, and local amenities, making it an excellent option for both end-users and savvy investors. Rental Income & Investment Potential - This property presents a strong income-producing opportunity, with estimated market rents of approximately $5,700+ per month, or $69,000 annually, based on current Williamsbridge rental demand. 2-Bedroom Unit: ~$2,200–$2,300/month. 3-Bedroom Unit: ~$3,400–$3,600/month. Whether you choose to live in one unit while renting the other or lease both units, this property offers an excellent opportunity to generate rental income while building equity. Our team also provides full rental and tenant-placement services after purchase, ensuring a seamless transition from closing to cash flow. A rare chance to own a brand-new, move-in-ready multi-unit property that works for you from day one—don’t miss this opportunity.