See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

1011 E 221st Street, Bronx, NY, 10469

6beds
3baths
2,500sqft
$999,000
$400price/sqft
$6,484/moest. monthly cost
$259,360/yrincome needed

About This Home

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.

Getting Around

79
WalkingVery Walkable
0
TransitVery Limited Transit
78
BikeVery Bikeable

Schools

4/10
Ps 78 Anne HutchinsonGrades PK-50.3 mi
6/10
Jhs 144 MichelangeloGrades 6-81.5 mi
1/10

Construction

Condition

  • Year built: 2023

Materials

  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Architectural style: Other
  • Property subType: Duplex,Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Finished

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Other

Heating & Cooling

  • Heating features: Electric,Other
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,500
  • Total interior livable area: 2,500 sqft

Property

Details

  • Parcel number: 047040020
  • Special condition: None

Lot

  • Lot size: 2,475 sqft

Parking

  • Parking features: Driveway
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveRelatively High
  • Cold Wave
    Cold WaveModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Cold Wave
Strong Wind
Winter Weather
Tsunami

FEMA Declared Disasters in Bronx County and New York

Flood
Severe Storm
Snowstorm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $5,051$60,612
Home Insurance *$371$4,452
Property Taxes $649$7,788
Electricity $413$4,957
Total$6,484$77,808
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$222,308/yr
40% on housing$194,520/yr
45% on housing$172,906/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 3.3%
3.3%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -0.5%
-0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$400This listing

vs Other Active Listings

Avg $/sqft

ZIP 10469$416
Bronx County$399

vs Homes Sold Last Month

Median $/sqft

ZIP 10469$415
Bronx County$409

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-03Listed for sale$1,100,000
2026-04-30Listing removed$1,050,000
2026-03-26Listed for sale$1,050,000
2026-03-25Listing removed$1,050,000
2026-02-26Listed for sale$1,050,000
2026-02-24Listing removed$1,050,000
2026-02-10Price change$1,050,000
2026-01-22Listed for sale$1,100,000
2026-01-20Listing removed$1,200,000
2025-11-21Listed for sale$1,200,000
2025-11-18Listing removed$1,200,000
2025-11-09Listed for sale$1,200,000
2025-09-19Listing removed$1,200,000
2025-08-11Listed for sale$1,200,000
2018-01-03Sold$100,000
2005-09-27Sold$2,100

For Sale by Agent

AgentEyal Sagi
BrokerageWW Realty Group Inc

Similar Homes