751 E 224th Street #ALL, Bronx, NY 10466
Local realty services provided by:CENTURY 21 Awaye Realty
751 E 224th Street #ALL,Bronx, NY 10466
$649,500
- 9 Beds
- 7 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: robin j lennon
Office: douglas elliman real estate
MLS#:RLS20057518
Source:NY_REBNY
Price summary
- Price:$649,500
About this home
<p>The Lennon Team presents an attractive value-add investment opportunity in the northern Bronx: this 7-unit building, situated at 751 E 224th St in the Wakefield, Bronx neighborhood, offers strong income potential with a nearly 100-year-old structure and favorable positioning for long-term investors.</p> <p> <strong>Key facts:</strong></p> <ul> <li> <p>7 residential units in total. </p> </li> <li> <p>3 stories, built in 1930. </p> </li> <li> <p>Approximate building area: 4,800 sq ft. </p> </li> <li> <p>Lot size: approx. 2,860 sq ft. </p> </li> <li> <p>Zoning R4; building class C1 (Walk-up apartments over six families, no stores). </p> </li> <li> <p>Located within ZIP code 10466, Bronx Community District 12. </p> </li> </ul> <strong> Investment Highlights</strong> <ol> <li> <p> <strong>Multi-Unit Format with Scale</strong> - At 7 units, the building offers scale beyond a typical small investor duplex or triplex, enabling better amortization of operating expenses and management overhead.</p> </li> <li> <p> <strong>Value-Add Opportunity</strong> - Built in 1930, this property likely presents opportunities for modernization (interiors, appliances, finishes), thereby increasing rental premiums and overall NOI.</p> </li> <li> <p> <strong>Northern Bronx Location</strong> - The Wakefield neighborhood of the Bronx offers access to NYC transit and a relatively lower entry cost compared to Manhattan, Brooklyn or more prominent Bronx sub-markets. </p> </li> <li> <p> <strong>Zoning and Conversion Flexibility</strong> - R4 zoning supports multi-unit usage; potential exists (subject to approvals) for repositioning amenities, enhancing curb appeal, or optimizing unit layouts.</p> </li> </ol> <p> </p>...
Contact an agent
Home facts
- Year built:1930
- Listing ID #:RLS20057518
- Added:154 day(s) ago
- Updated:April 03, 2026 at 10:33 AM
Rooms and interior
- Bedrooms:9
- Total bathrooms:7
- Full bathrooms:7
- Rooms Total:23
- Basement:Yes
Structure and exterior
- Year built:1930
- Levels:3 Story
Finances and disclosures
- Price:$649,500
New listings near 751 E 224th Street #ALL
- Coming Soon
$899,000Coming Soon3 beds 2 baths2515 Woodhull Avenue, Bronx, NY 10469
MLS# 979355Listed by: CENTURY 21 GALVEZ - Coming Soon
$305,000Coming Soon1 beds 1 baths5900 Arlington Avenue #3S, Bronx, NY 10471
MLS# 980130Listed by: HOULIHAN LAWRENCE INC. - Open Sun, 1 to 3pmNew
$875,000Active-- beds -- baths1,900 sq. ft.326 Underhill Avenue, Bronx, NY 10473
MLS# 980208Listed by: LANDMARK ELITE HOMES CORP - Coming Soon
$599,000Coming Soon3 beds 1 baths2894 Wellman Avenue, Bronx, NY 10461
MLS# 980181Listed by: BEE HOME REALTY - Coming Soon
$1,395,000Coming Soon6 beds 5 baths1307 Balcom Avenue, Bronx, NY 10461
MLS# 980100Listed by: MORRIS PARK REALTY GROUP - Coming Soon
$1,395,000Coming Soon7 beds 5 baths1305 Balcom Avenue, Bronx, NY 10461
MLS# 980075Listed by: MORRIS PARK REALTY GROUP - New
$358,000Active3 beds 2 baths1,780 sq. ft.3390 Wayne Avenue #B11, Bronx, NY 10467
MLS# 976073Listed by: DOUGLAS ELLIMAN REAL ESTATE - New
$75,000Active0.02 Acres22B Edgewater Park, Bronx, NY 10465
MLS# 978846Listed by: SYSAK SELLS LLC - New
$525,000Active2 beds 1 baths964 sq. ft.3229 Glennon Place, Bronx, NY 10465
MLS# 979367Listed by: ANITA REALTY CORPORATION - New
$949,000Active5 beds 3 baths2,424 sq. ft.793 N Oak Drive, Bronx, NY 10467
MLS# 979988Listed by: NAREEMA BAKSH REAL ESTATE