721 E 242nd Street, Bronx, NY 10470

Local realty services provided by:Better Homes and Gardens Real Estate Green Team
721 E 242nd Street,Bronx, NY 10470
$1,350,000
  • 7 Beds
  • 4 Baths
  • 3,460 sq. ft.
  • Multi-family
  • Active
Listed by: onyinyechi ekpecham
Office: keller williams realty nyc grp
MLS#:1015109
Source:OneKey MLS

Price summary

  • Price:$1,350,000
  • Price per sq. ft.:$390.17

About this home

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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Home facts

  • Year built:1931
  • Listing ID #:1015109
  • Added:1 day(s) ago
  • Updated:June 26, 2026 at 02:57 PM

Rooms and interior

  • Bedrooms:7
  • Total bathrooms:4
  • Full bathrooms:4
  • Basement:Yes
  • Living area:3,460 sq. ft.

Structure and exterior

  • Year built:1931
  • Building area:3,460 sq. ft.
  • Lot area:0.06 Acres
  • Construction Materials:Block, Brick

Schools

  • High school:Contact Agent
  • Middle school:Jhs 144 Michelangelo
  • Elementary school:Ps 16 Wakefield

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,350,000
  • Price per sq. ft.:$390.17
  • Tax amount:$7,632 (2025)
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