1038 224th Street, New York, NY, 10466
$1,100,000
activeBedrooms
5
Bathrooms
2
Lot Size
2,736 sqft
Year Built
1940
Type
Multi Family
Estimate. Actual payment depends on credit, lender, taxes, and insurance.
Prime 3-Family Cash-Flow Investment Opportunity in Wakefield Positioned in the vibrant Bronx neighborhood of Wakefield, 1038 East 224th Street is a versatile 3-family property designed to maximize rental yields. Whether you are looking to expand your portfolio or live in one unit while collecting substantial rent from the others, this property delivers the ideal layout and location. The home features three spacious units—a generous 4-bedroom unit, a comfortable 2-bedroom unit, and an efficient 1-bedroom unit—allowing for a diverse tenant base and minimized vacancy risk. The lower level includes a convenient walk-out unit, perfect for additional storage, recreational space, or utility access. Situated "close to all," residents enjoy easy access to local retail, public transportation (including nearby subway lines and bus routes), schools, and neighborhood parks—ensuring consistently high tenant demand.
Listed by Jose J. Flores, EXIT Realty Private Client
Listings courtesy of OneKey® MLS as distributed by MLS GRIDBased on information submitted to the MLS GRID as of Sep 10, 2026, 5:16 PM UTC (date and time MLS GRID Data was obtained). 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.
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