1038 E 224th St Bronx, NY 10466
Wakefield NeighborhoodEstimated payment $7,375/month
About This Home
Fully renovated detached brick 3 family in the Wakefield section. This home features a vacant renovated 4 bedroom on the 1st floor with a one bedroom and a studio apt on the 2nd floor.
This home is perfect for either an owner occupant needing 4 bedrooms, while collecting rent from the studio and 1 bedroom, or an investor who can rent the 4 bedroom for $4111. The large finished basement is an additional feature. As per the C/O the basement is an accessory to the dwelling, and it allows for a summer kitchen, providing an owner occupant or investor additional uses for this space. The home is near all major transportation including the #2 and #5 train station.
Listing Agent
Keller Williams Realty NYC Grp Brokerage Phone: 718-697-6800 License #10401214433 Listed on: 07/11/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,028
Year Built
- Built in 1940
Home Design
- Duplex
- Brick Exterior Construction
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
Utilities
- Cooling System Mounted To A Wall/Window
- Heating System Uses Oil
- Natural Gas Connected
Additional Features
- Basement Fills Entire Space Under The House
- 2,736 Sq Ft Lot
Listing and Financial Details
- Assessor Parcel Number 04870-0055
Community Details
Overview
- 3 Units
Building Details
- 4 Separate Electric Meters
- 3 Separate Gas Meters
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,028 | $37,092 | $6,443 | $30,649 |
| 2024 | $7,028 | $34,992 | $6,299 | $28,693 |
| 2023 | $7,107 | $34,992 | $6,444 | $28,548 |
| 2022 | $6,866 | $43,800 | $8,640 | $35,160 |
| 2021 | $6,837 | $40,260 | $8,640 | $31,620 |
| 2020 | $6,543 | $38,580 | $8,640 | $29,940 |
| 2019 | $6,100 | $31,080 | $8,640 | $22,440 |
| 2018 | $5,944 | $29,160 | $8,535 | $20,625 |
| 2017 | $5,843 | $28,663 | $7,178 | $21,485 |
| 2016 | $5,412 | $27,072 | $7,314 | $19,758 |
| 2015 | $3,261 | $25,758 | $8,480 | $17,278 |
| 2014 | $3,261 | $24,300 | $9,600 | $14,700 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/13/2026 01/13/26 | For Sale | $1,298,500 | 0.0% | $644 / Sq Ft | |
| 01/11/2026 01/11/26 | Off Market | $1,298,500 | -- | -- | |
| 11/03/2025 11/03/25 | For Sale | $1,298,500 | 0.0% | $644 / Sq Ft | |
| 11/01/2025 11/01/25 | Off Market | $1,298,500 | -- | -- | |
| 09/15/2025 09/15/25 | Price Changed | $1,298,500 | -4.1% | $644 / Sq Ft | |
| 09/12/2025 09/12/25 | For Sale | $1,354,000 | 0.0% | $672 / Sq Ft | |
| 09/12/2025 09/12/25 | Off Market | $1,354,000 | -- | -- | |
| 08/11/2025 08/11/25 | For Sale | $1,354,000 | 0.0% | $672 / Sq Ft | |
| 08/11/2025 08/11/25 | Off Market | $1,354,000 | -- | -- | |
| 08/03/2025 08/03/25 | Price Changed | $1,354,000 | -3.2% | $672 / Sq Ft | |
| 07/11/2025 07/11/25 | For Sale | $1,399,000 | +79.4% | $694 / Sq Ft | |
| 06/16/2022 06/16/22 | Sold | $780,000 | 0.0% | $387 / Sq Ft | View Prior Sale |
| 08/19/2021 08/19/21 | Pending | -- | -- | -- | |
| 08/05/2021 08/05/21 | Off Market | $780,000 | -- | -- | |
| 07/15/2021 07/15/21 | Price Changed | $839,000 | -1.3% | $416 / Sq Ft | |
| 06/30/2021 06/30/21 | For Sale | $850,000 | +9.0% | $422 / Sq Ft | |
| 06/24/2021 06/24/21 | Off Market | $780,000 | -- | -- | |
| 06/24/2021 06/24/21 | For Sale | $850,000 | -- | $422 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $780,000 | -- | |
| Deed | $780,000 | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | Title Usa Insurance Corp | |
| Interfamily Deed Transfer | -- | Title Usa Insurance Corp |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $780,000 | Purchase Money Mortgage | |
| Closed | $780,000 | Purchase Money Mortgage | |
| Previous Owner | $347,000 | Purchase Money Mortgage | |
| Previous Owner | $126,000 | Balloon |
Source: OneKey® MLS
MLS Number: 887992
APN: 04870-0055
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