719 E 242nd ST, Bronx, NY 10470
719 E 242nd ST, Bronx, NY 10470
719 E 242nd ST, Bronx, NY 10470
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$1,450,000
Est. payment /mo
6 Beds
3 Baths
2,500 Sqft Lot
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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Subdivision Wakefield

MLS Listing ID 1047740

Bedrooms 6

Full Baths 3

Rental Info No

Year Built 1931

Annual Tax Amount $15,903

Lot Size 2,500 Sqft

Acres 0.0574

Property Sub-Type Quadruplex

Source onekey2

Property Description

Prime Investment Opportunity on the Bronx/Mount Vernon Border! This legal 4-family property delivers strong immediate cash flow with incredible value-add potential. The layout features three spacious 2-bedroom apartments and one 1-bedroom apartment, complemented by a bonus basement unit. Currently producing impressive rental income with existing rents at $2,885, $2,997, and $2,750. The building offers immediate flexibility for either an owner-occupant or an investor looking to capitalize on market-rate upside with 1 vacant unit ready for custom delivery or fresh tenancy. Ideally situated just steps from the Mount Vernon line and a short walk to the 2/5 subway lines, offering seamless commuting options into Manhattan. High demand location, steady returns, and major growth potential make this turnkey multi-family a standout addition to any portfolio!

Location

State NY

County Bronx County

Rooms

Basement Finished

Interior

Interior Features First Floor Bedroom, First Floor Full Bath

Heating Natural Gas

Cooling Wall/Window Unit(s)

Fireplace No

Exterior

Parking Features None

Utilities Available Electricity Connected, Natural Gas Connected

Garage false

Building

Sewer Public Sewer

Water Public

Structure Type Brick

Schools

Elementary Schools Ps 16 Wakefield

Middle Schools North Bronx School Of Empowerment

High Schools Bronx 11

School District Bronx 11

Others

Senior Community No

Special Listing Condition None


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OneKey MLS/ Hudson Gateway (HGAR)/ Long Island MLS (MLSLI)/ Mid Hudson MLS
Listed by Keller Williams Realty Group • Michael A. Brown

NEARBY SCHOOLS & PROPERTIES

Arif Baksh

The mission of the ASA Real Estate Group is to provide a lifelong, positive impact on our clients, our communities, our team, as well as the other realtors with which we work. We specialize in assisting Buyers and Sellers transact. With our extensive knowledge of the market we help our clients get the best possible price for their home through proactive marketing approach. We guide sellers and buyers through every step of the process and keep them updated their transaction.

+1(914) 494-1549

arif@asarealestategroup.com

399 Knollwood Rd, White Plains, NY 10603-1937, USA

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719 E 242nd ST