1038 E 224th Street, Bronx, NY 10466

New - 43 Hours Ago
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Property Description

Prime 3-Family Cash-Flow Investment Opportunity in WakefieldPositioned in the vibrant Bronx neighborhood of Wakefield, 1038 East 224th Street is a versatile 3-family property designed to maximize rental yields. Whether you are looking to expand your portfolio or live in one unit while collecting substantial rent from the others, this property delivers the ideal layout and location.The home features three spacious units-a generous 4-bedroom unit, a comfortable 2-bedroom unit, and an efficient 1-bedroom unit-allowing for a diverse tenant base and minimized vacancy risk. The lower level includes a convenient walk-out unit, perfect for additional storage, recreational space, or utility access.All units were fully renovated prior to renting. Situated close to all, residents enjoy easy access to local retail, public transportation (including nearby subway lines and bus routes), schools, and neighborhood parks-ensuring consistently high tenant demand.

1038 E 224th Street | MLS# 1049290

This multi-family property located at 1038 E 224th Street, Bronx, NY 10466 is currently listed for sale with an asking price of $1,100,000. E 224th Street is located within the Contact Agent school district. Search Bronx real estate on www.coldwellbankerprime.com today.

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Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Partially Finished, See Remarks, Walk-Out Access
Cooling: None
Heating: Baseboard
Lot Size: 0.06 Acres
Taxes: $7,449
Year Built: 1940

Amenities

Storage

Feature Descriptions

Building Area Total: 2016
Days on Site: 1
Exterior: Brick
Heating Units: 1
On Market Date: 2026-09-10
Parcel Number: 04870-0055
Parking Features: None
Rental Term: Monthly
Seller Concession: Yes
Separate Electric Meters: 4
Separate Gas Meters: 3
Sewer: Public Sewer
Units: 3
Utilities: Electricity Connected, Natural Gas Connected
Water: Public

Local Schools

High School: Contact Agent
Elementary School: Contact Agent
School District: Contact Agent

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Estimated Payment

$ 3,389.71 per month $2,448.12 Principal & Interest $620.75 Property Tax $320.83 Homeowner's Insurance

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(Payments are an estimate and may vary by lender)

Demographics

Listed By / Shown By

Listing By

Agency Name: EXIT Realty Private Client
Agency Contact: 914-222-1000

Shown By

Agency Title: Coldwell Banker Prime Properties
Agency Phone: 866-323-CBPP

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