719 E 242nd Street
Bronx, NY 10470
6
Bed
3
Bath
0.06Acre(Lot)
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 th
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
-
Bedroom Information
Total beds: 6Bathroom Information
Total Baths: 3 Full Baths: 3Room Information
Basement: Finished -
Heating & Cooling
Has Heating: Yes Heating: Natural Gas Has Cooling: Yes Cooling: Wall/Window Unit(s)
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Building Information
Year Built: 1931 Building Area Total: 3460 Construction Materials: Brick Private Pool: No
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Lot Information
Lot Size Acres: 0.0574 Lot Size Square Feet: 2500
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Listing Price Information
Listing Price: $1450000
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Tax Information
Parcel Number: 05115-0015 Annual Tax: $15903.08
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Parking Information
No Garage, None
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School Information
Elementary School: Ps 16 WakefieldJunior High School: North Bronx School Of EmpowermentSenior High School: Acad-Scholarship & Entrepreneurship -
Utility Information
Natural Gas Available, Electricity Connected, Natural Gas Connected -
Location Information
WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 4779 White Plains Road, Bronx, NY, 10470 | $2,500,000 | 3 | 3 | -- | 0.06 Acre |
| 681 E 243rd Street, Bronx, NY, 10470 | $899,000 | 7 | -- | -- | 0.05 Acre |
| 4733 Carpenter Avenue, Bronx, NY, 10470 | $795,000 | 4 | -- | -- | 0.11 Acre |
| 4621 Matilda Avenue, Bronx, NY, 10470 | $1,186,000 | 6 | 4 | -- | 0.06 Acre |
| 4626 Carpenter Avenue, Bronx, NY, 10470 | $799,999 | 6 | 4 | -- | 0.06 Acre |
| 4564 Matilda Avenue, Bronx, NY, 10470 | $1,350,000 | 7 | 4 | -- | 0.06 Acre |
| 4432 Carpenter Avenue, Bronx, NY, 10470 | $875,000 | 7 | 3 | -- | 0.06 Acre |
| 4412 Bronx Boulevard, Bronx, NY, 10470 | $915,000 | 6 | 3 | -- | 0.05 Acre |
| 235 E 237th Street, Bronx, NY, 10470 | $1,150,000 | 8 | 5 | -- | 0.07 Acre |
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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 09/09/2026 @ 16:29
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