BEDS7
BATHS4 full
MLS#1015109
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLBronx 11
Property Description
Welcome to 721 E. 242nd Street, a rare four-family investment property nestled in the heart of Wakefield. Offering over 3,400 square feet of living space, this income-generating building combines classic Bronx character with exceptional potential. Situated on a quiet residential block, the property enjoys close proximity to Metro-North, subway lines, major roadways, local shops, dining, schools, and everyday conveniences.Whether you're an investor looking to expand your portfolio or a buyer seeking a property with substantial rental income, this multifamily residence delivers both versatility and opportunity in one of the Bronx's most established neighborhoods.This gem will not last-schedule your private viewing today!
Property Features
Property Type: Multi Unit - Multiple
Basement: See Remarks
Cooling: Wall/Window Unit(s)
Heating: See Remarks, Other
Home Style: Other
Lot Size: 0.06 Acres
Taxes: $7,631
Year Built: 1931
Amenities
Other
Feature Descriptions
Building Area Total: 3460
Exterior: Block, Brick
On Market Date: 2026-06-25
Parcel Number: 05115-0014
Parking Features: Other
Rental Term: Monthly
Sewer: Public Sewer
Units: 4
Utilities: See Remarks
Water: Public
Local Schools
High School: Contact Agent
Middle School: Jhs 144 Michelangelo
Elementary School: Ps 16 Wakefield
School District: Bronx 11
Estimate Your Payment
Estimated Payment
$ 7,856.00 per month $6,826.33 Principal & Interest $635.92 Property Tax $393.75 Homeowner's InsuranceChange Payment Information
Listed By / Shown By
Listing By
Agency Name: Keller Williams Realty NYC Grp
Agency Contact: 718-697-6800
Shown By
Agency Title: Coldwell Banker American Homes
Agency Phone: 866-831-4443
721 E 242nd Street | MLS# 1015109
This multi-family property located at 721 E 242nd Street , Bronx, NY 10470 is currently listed for sale with an asking price of $1,350,000. E 242nd Street is located within the Bronx 11 school district. Search Bronx real estate on www.cbamhomes.com today.