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719 E 242nd Street, Bronx, NY 10470

Bronx
Local realty services provided by:CENTURY 21 ICON
719 E 242nd Street,Bronx, NY 10470
$1,450,000
  • 6 Beds
  • 3 Baths
  • 3,460 sq. ft.
  • Multi-family
  • Active
Listed by: michael a. brown, onyinyechi ekpecham
Office: keller williams realty group
MLS#:1047740
Source:OneKey MLS

Price summary

  • Price:$1,450,000
  • Price per sq. ft.:$419.08

About this home

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 this turnkey multi-family a standout addition to any portfolio!

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Home facts

  • Year built:1931
  • Listing ID #:1047740
  • Added:5 day(s) ago
  • Updated:September 13, 2026 at 11:08 AM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:3
  • Full bathrooms:3
  • Bedroom Description:First Floor Bedroom
  • Basement:Yes
  • Basement Description:Finished
  • Living area:3,460 sq. ft.

Heating and cooling

  • Heating:Natural Gas

Structure and exterior

  • Year built:1931
  • Building area:3,460 sq. ft.
  • Lot area:0.06 Acres
  • Construction Materials:Brick

Schools

  • High school:Acad-Scholarship & Entrepreneurship
  • Middle school:North Bronx School Of Empowerment
  • Elementary school:Ps 16 Wakefield

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,450,000
  • Price per sq. ft.:$419.08
  • Tax amount:$15,903 (2025)
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