$1,350,000
 $7,247 est/mo Sourced by Back At You

721 E 242nd Street,Bronx, NY 10470

Bronx, NY 10470

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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 lastschedule your private viewing today!

Details

MLS #1015109
Listing TypeFor Sale
Sub-TypeResale
StatusPending
Year1931
Days On Site81
Listing Provided ByKeller Williams Realty NYC Grp | Onyinyechi Ekpecham

Features

Bed(s)7
Bath(s) 4 Total
SQ Feet3,460
BasementY
Units4
Acreage0.06

Interior

CoolingWall/Window Unit(s)
HeatingSee Remarks, Other
Interior FeaturesOther

Exterior

Construction MaterialsBlock, Brick

Parking

Garage Yes / NoNo
Parking FeaturesOther

Utilities

UtilitiesSee Remarks
SewerPublic Sewer

Taxes

Tax Year2025
Tax Assessed Value318150
Tax Annual Amount7631.8

Area Information

StateNY
CountyBronx County
CityBronx
Zip Code10470
School DistrictContact Agent
Elementary SchoolPs 16 Wakefield
High SchoolContact Agent
Listing VS Median (in 10470)
Price:
$1,350,000
low | high
Med:
$787,500
91.666666666667% of Average
sqft:
3,460
low | high
Med:
1,415
100% of Average
$ / sqft:
$390
low | high
Med:
$583
2% of Average
On site:
81
low | high
Med:
207.5
39.036144578313% of Average
Sourced by Back At You

Market Activity 10470

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Learn More About This Property

StateNY
CountyBronx County
CityBronx
Zip Code10470
School DistrictContact Agent
Elementary SchoolPs 16 Wakefield
High SchoolContact Agent
Listing VS Median (in 10470)
Price:
$1,350,000
low | high
Med:
$787,500
91.666666666667% of Average
sqft:
3,460
low | high
Med:
1,415
100% of Average
$ / sqft:
$390
low | high
Med:
$583
2% of Average
On site:
81
low | high
Med:
207.5
39.036144578313% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.12M - $1.687M
sqft: 2,500 - 4,000
Listing Updated: August 25, 2026 at 2:13:17 AM PDT
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