719 E 242nd Street Bronx, NY 10470
Listing by: ONEKEY as distributed by MLS GRID / Listed By: Keller Williams Realty Group - Contact:  914-713-3270

  719 E 242nd Street Bronx, NY 10470

Active (3 Days)
$1,450,000 (USD)
6
BED
3
BATH
3,460
SQFT
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Description

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!

MLS #:
1047740
Taxes
$15,903(2025)
Lot Size
2,500 SQFT
Type
Multifamily
Year Built
1931
School District
Bronx 11
County
Bronx County
Community
Wakefield

Listed By

Michael A. Brown, Keller Williams Realty Group, Contact: 914-713-3270
Source
ONEKEY
Last checked Sep 9 2026 at 11:21 PM GMT+0000
Bathroom Details
  • Full Bathrooms: 3
Interior Features
  • First Floor Bedroom
  • First Floor Full Bath
Heating and Cooling
  • Natural Gas
  • Wall/Window Unit(s)
Basement Information
  • Finished
Utility Information
  • Utilities: Electricity Connected, Natural Gas Connected
  • Sewer: Public Sewer
School Information
  • Elementary School: Ps 16 Wakefield
  • Middle School: North Bronx School of Empowerment
  • High School: Acad-Scholarship & Entrepreneurship
Parking
  • None
Additional Information: Keller Williams Realty Group | 914-713-3270
Location
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Disclaimer: Square footage is based on information available to agent, including County records. Information has not been verified by agent and should be verified by buyer.
Based on information submitted to the MLS GRID as of 9/9/2026 23:21. 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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