856 E 213th St

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 façade, 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.