721 E 242nd St Bronx, NY 10470
Wakefield NeighborhoodEstimated payment $8,049/month
About This Home
Welcome to 721 E. 242nd Street, a rare four-family investment property nestled in the heart of Wakefield. Offering over 3,400 square feet of living space, this income-generating building combines classic Bronx character with exceptional potential. Situated on a quiet residential block, the property enjoys close proximity to Metro-North, subway lines, major roadways, local shops, dining, schools, and everyday conveniences.
Whether you're an investor looking to expand your portfolio or a buyer seeking a property with substantial rental income, this multifamily residence delivers both versatility and opportunity in one of the Bronx's most established neighborhoods.
This gem will not last—schedule your private viewing today!
Listing Agent
Keller Williams Realty NYC Grp Brokerage Phone: 718-697-6800 License #10401248140 Listed on: 06/25/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,632
Year Built
- Built in 1931
Home Design
- Quadruplex
- Brick Exterior Construction
- Block Exterior
Bedrooms and Bathrooms
- 7 Bedrooms
- 4 Full Bathrooms
Schools
- Ps 16 Wakefield Elementary School
- JHS 144 Michelangelo Middle School
- Contact Agent High School
Additional Features
- 2,500 Sq Ft Lot
- Cooling System Mounted To A Wall/Window
Community Details
- 4 Units
Listing and Financial Details
- Assessor Parcel Number 05115-0014
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $17,027 | $146,827 | $58,731 | $88,096 |
| 2025 | $15,807 | $136,219 | $53,948 | $82,271 |
| 2024 | $15,807 | $126,432 | $54,530 | $71,902 |
| 2023 | $13,176 | $126,432 | $65,436 | $60,996 |
| 2022 | $5,757 | $202,950 | $126,000 | $76,950 |
| 2021 | $0 | $178,650 | $126,000 | $52,650 |
| 2020 | $6,470 | $195,750 | $126,000 | $69,750 |
| 2019 | $7,142 | $195,300 | $126,000 | $69,300 |
| 2018 | $12,370 | $97,255 | $58,688 | $38,567 |
| 2017 | $11,934 | $93,828 | $62,851 | $30,977 |
| 2016 | $11,201 | $86,880 | $64,186 | $22,694 |
| 2015 | $7,272 | $80,603 | $49,602 | $31,001 |
| 2014 | $7,272 | $74,812 | $55,270 | $19,542 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/24/2026 08/24/26 | Pending | -- | -- | -- |
| 06/25/2026 06/25/26 | For Sale | $1,350,000 | -- | $390 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $200,000 | No Value Available |
Source: OneKey® MLS
MLS Number: 1015109
APN: 05115-0014
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale or lease on this web site comes in part from OneKey® MLS. Real estate listings held by brokerage firms other than Ten-X are marked with the OneKey® MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.
Copyright 2026 OneKey® MLS. All rights reserved.
Based on information submitted to the MLS GRID
Listings courtesy of OneKey® MLS as distributed by MLS GRID
- 4817 Wilder Ave
- 109 Vista Place
- 4779 White Plains Rd
- 4824 Wilder Ave
- 4810 Osgood St
- 681 E 243rd St
- 131 Vista Place
- 4740 White Plains Rd
- 820 Penfield St
- 4749 Richardson Ave
- 4749 Richardson Ave
- 732 Saint Ouen St
- 4810 Robertson St
- 710 Saint Ouen St
- 35 Cortlandt St
- 137 S 14th Ave
- 13 Beach St
- 110 S 13th Ave
- 4607 Wilder Ave
- 37 S 14th Ave
Ask me questions while you tour the home.