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721 E 242nd Street , Bronx, NY 10470

$1,350,000
  • 721 E 242nd Street , Bronx, NY 10470 Main Photo

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New to the Market
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!

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.laffey.com 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
Days on Site: 2
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

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Estimated Payment

$ 4,034.18 per month $3,004.51 Principal & Interest $635.92 Property Tax $393.75 Homeowner's Insurance

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(Payments are an estimate and may vary by lender)

Listed By / Shown By

Listing By

Agency Name: Keller Williams Realty NYC Grp
Agency Contact: 718-697-6800

Shown By

Agency Title: Laffey Real Estate
Agency Phone: 1-888-289-6902

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