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1038 E 224th Street

Bronx, NY 10466
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Bed 7

Bed

Bath 4

Bath

Acres0.06

Acre(Lot)

Prime 3-Family Cash-Flow Investment Opportunity in Wakefield Positioned 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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,100,000

AD Id : 91157550

MLS Id : 1049290

Beds : 7

Lot Size : 0.06 Acre

Tax Amount : 7449.96

Year Built : 1940

County : Bronx

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Feature Features

  • Bedroom Information

    Total beds: 7

    Bathroom Information

    Total Baths: 4 Full Baths: 4

    Room Information

    Basement: Partially Finished, Walk-Out Access
  • Interior Features

    Storage
  • Heating & Cooling

    Has Heating: Yes Heating: Baseboard Cooling: None

  • Building Information

    Year Built: 1940 Building Area Total: 2016 Construction Materials: Brick Private Pool: No

  • Lot Information

    Lot Size Acres: 0.0628 Lot Size Square Feet: 2736

  • Listing Price Information

    Listing Price: $1100000

  • Tax Information

    Parcel Number: 04870-0055 Annual Tax: $7449.96

  • Parking Information

    No Garage, None

  • School Information

    Elementary School: Contact Agent
    Junior High School: Call Listing Agent
    Senior High School: Contact Agent
  • Utility Information

    Natural Gas Available, Electricity Connected, Natural Gas Connected
  • Location Information

    WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
3939 Secor Avenue, Bronx, NY, 10466 $889,999 6 4 -- 0.06 Acre
3919 Pratt Avenue, Bronx, NY, 10466 $1,200,000 8 3 -- 0.19 Acre
3924 Duryea Avenue, Bronx, NY, 10466 $959,999 5 2 -- 0.04 Acre
3964 Duryea Avenue, Bronx, NY, 10466 $1,099,000 6 3 -- --
3968 Duryea Avenue, Bronx, NY, 10466 $1,099,000 6 3 -- --
3605 Boller Avenue, Bronx, NY, 10466 $820,000 5 4 -- 0.05 Acre
1405 E 233rd Street, Bronx, NY, 10466 $1,100,000 6 3 -- 0.06 Acre
3640 Palmer Avenue, Bronx, NY, 10466 $899,999 7 4 -- 0.12 Acre
3931 De Reimer Avenue, Bronx, NY, 10466 $899,900 -- -- -- 0.05 Acre
4010 De Reimer Avenue, Bronx, NY, 10466 $1,099,000 5 4 -- 0.06 Acre

The data relating to real estate for sale on this website comes in part from the Internet Data exchange of OneKey MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2026 OneKey MLS. All Rights Reserved

ByOwner last updated this listing 09/11/2026 @ 02:57

MLS: 1049290 LISTED BY: Jose Flores, EXIT Realty Private Client 914-222-1000 SOURCE: OneKey MLS

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