721 E 242nd St Bronx, NY 10470
Wakefield NeighborhoodEstimated payment $7,801/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 |
|---|---|---|---|---|
| 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
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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
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