831 E 221st St

New York NY 10467

3775 sq. ft.

2876 sq. ft.

Duplex

Last sold for $990,500

Lynette Thomas, last sold this property on 28 September 2026 after 258 days on market.

Overview

Prime Income-Producing 3-Family Investment Opportunity in a desirable residential section of the Northeast Bronx. This well-maintained asset features two oversized 3-bedroom, 2-bath apartments, each offering approximately 1,300 square feet of living space, plus a 1-bedroom, 1-bath unit, creating an attractive and diversified rental mix. The property is fully tenant-controlled with separate utilities, including three boilers and three hot water tanks, significantly reducing owner expenses and maximizing net operating income. Two units are occupied by long-term, stable tenants who wish to remain, while the third unit is lease-protected, providing immediate and predictable cash flow. Additional value is enhanced by a 1-car garage and rear yard access through the garage, offering functional amenities and access to the backyard. Located in a strong residential neighborhood with convenient access to public transportation, major highways, shopping, and entertainment, this property benefits from consistent rental demand and long-term appreciation potential. Ideal for investors seeking strong in-place income with upside potential and owner occupants for steady cash flow, in one of the Bronx’s established multifamily markets.

Features

7 bedrooms

5 bathrooms

1 carspace

1 garage space

3775 sq. ft. floor area

2876 sq. ft. lot size

Duplex

Estimated Value

Based on this property and similar 7 bedroom duplexes sold in New York over the last 12 months, the estimated median property value of 831 E 221st St is $957.75k.

Median value

$957.75k

Estimated value range

$824k - $1.19m

Median days on market

Estimated value trend

14%

increase over the last 12 months

Average days on market is based on recent, comparable sales in New York. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 831 E 221st St

2026

Sold

$990,500

28 Sep 2026 by Lynette Thomas, of Exit Realty Private Client

2016

Sold

$605,000

12 Oct 2016 by Nadia Barnes, of Charles Rutenberg Realty, Inc.

Happy sellers in New York

We have insufficient information to provide an overview of customer satisfaction for New York. Viewing the agent profiles, reviews and sales for New York can provide insights for this location.