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721 E 242nd Street Bronx, NY $ 1,350,000
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721 E 242nd Street
$ 1,350,000
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721 E 242nd Street

Bronx, NY, 10470
$ 1,350,000
Bedrooms7 Baths4.0 Sq 3,460

Monthly Estimate*

$ 8,524

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Multi-Family Home for sale in Bronx, NY

for $1,350,000 with 7 bedrooms and 4 full baths. This 3,460 square foot home was built in 1931 on a lot size of 0.0574.

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!

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Multi-Family Active

Price

$ 1,350,000

Bedrooms

7

Full Bath

4

Property Type

Multi-Family

Taxes

$ 7,631

Style

Lot Size

0.0574

Year Built

1931

Town/City

Bronx

County/Region

Bronx

MLS | Web ID

1015109
Features
Interior
Interior Amenities Other
Basement See Remarks
Basement Features See Remarks
Basement (Y/N) Y
Total Bedrooms 7
Total Baths 4
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General
Sewer Public Sewer
Heating See Remarks Other
Cooling Wall/Window Unit(s)
Utilities See Remarks
Architectural Style Other
Construction Materials Block Brick
Year Built 1931
Property Subtype Quadruplex
Tax Year 2025
Parcel Number 05115-0014
County Bronx County
Property Type Residential Income
Garage Y/N N
Full Baths 4
Directions Take I-87 (Major Deegan Expressway) to Exit 13 for E 233rd Street. Continue east on E 233rd Street turn left onto White Plains Road then turn right onto E 242nd Street. Property is located on the blo
High School Contact Agent
City New York
Senior Community Y/N N
High School District Bronx 11
Number Of Units Total 4
Carport Y/N N
Elementary School Ps 16 Wakefield
Property Attached Y/N N
Tax Annual Amount 7631.8
Middle/Junior High School Jhs 144 Michelangelo
Building Area Units Square Feet
Standard Status Active
Middle/Junior School District Bronx 11
Elementary School District Bronx 11
Tax Assessed Value 318150
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Exterior
Parking Features Other Other
Water Source Public
Spa N
Building Area Total 3460
Waterfront Y/N N
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Internal Only
Street Number 1 721
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* Excluded Features
List By
Onyinyechi Ekpecham

Listing Agent

Keller Williams Realty Nyc Grp

Broker

718-697-6800

Contact

Affordability Calculator

$9,160
Per Month
93%
7%
0%
Monthly Principal & Interest
$8,524
Monthly Property Taxes
$636
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4990805 Elementary School
4100000 Middle School
Contact Agent High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
6/25/2026$1,350,000 Listed Price

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721 E 242nd Street, Bronx, NY, 10470 is a Multi-Family Home for sale at $1,350,000 with 3,460 sqft and a lot size of 0.0574. 721 E 242nd Street has 7 bedrooms, 4.0 baths, and was built in 1931. The property's zip code is 10470 which is in Bronx, NY

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