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$1,298,500
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Property Description
Fully renovated detached brick 3 family in the Wakefield section. This home features a vacant renovated 4 bedroom on the 1st floor with a one bedroom and a studio apt on the 2nd floor. This home is perfect for either an owner occupant needing 4 bedrooms, while collecting rent from the studio and 1 bedroom, or an investor who can rent the 4 bedroom for $4111. The large finished basement is an additional feature. As per the C/O the basement is an accessory to the dwelling, and it allows for a summer kitchen, providing an owner occupant or investor additional uses for this space. The home is near all major transportation including the #2 and #5 train station.
Full Property Details
Full Property Details for 1038 E 224th St
General
- Price: $1,298,500
- Taxes: $7,028
- Status: Active
- Type: Multi-Family
- Source: Long_Island
- MLS ID: 887992
- Updated: 1/12/2026
- Added to Site: 189 day(s) ago
Interior
- Interior Features: Other
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 5
Location
- County: Bronx County
- Driving Directions: LONGWOOD neighborhood: from E. Gun Hill Rd. make a left onto Laconia Ave. at E. 224 St. make a left. (between Paulding Ave. & Laconia Ave.)
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Oil, Other
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Natural Gas Connected, Sewer Connected
Structural Information
- Detached/Attached: Detached
- Construction: Brick
- Basement: Yes
- Basement Desc.: Finished, Full Basement
- Building Size: 2016
- Square Feet: 2,016
- Year Built: 1940
Lot Features
- Lot Size (Acres): 0.0628
- Lot Size (Sq. Ft.): 2,736
Financial Considerations
- Tax Amount: $7,028.16
Disclosures and Reports
- Special Conditions: None
- Property ID: 04870-0055
Listed by Keller Williams Realty NYC Grp
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Schools
Schools serving 1038 E 224th St
School District:New York City Geographic School District 11
| Name | Grades | Distance |
|---|---|---|
Ps 78 Anne Hutchinson 1400 Needham Ave, The Bronx, NY 10469 | K-5 | 0.4 mi |
Jhs 144 Michelangelo 2545 Gunther Ave, The Bronx, NY 10469 | 6-8 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1038 E 224th St
Date
Details
Price
Change
Source
9/15/2025
Price Reduced
$1,298,500
-4.1%
MLS
8/03/2025
Price Reduced
$1,354,000
-3.22%
MLS
7/11/2025
Listed
$1,399,000
79.36%
MLS
6/14/2022
Sold
$780,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1038 E 224th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,450
6%
$37,092
6%
2024
$7,028
—
$34,992
—
2023
$7,028
1%
$34,992
-20%
2022
$6,985
2%
$43,800
9%
2021
$6,837
4%
$40,260
4%
2020
$6,543
7%
$38,580
24%
2019
$6,100
4%
$31,080
7%
2017
$5,843
—
$29,160
2%
2017
$5,843
8%
$28,663
6%
2016
$5,412
7%
$27,072
5%
2015
$5,037
5%
$25,758
6%
2014
$4,813
11%
$24,300
-3%
2013
$4,348
—
$25,081
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1038 E 224th St
1038 E 224 Street, Bronx, NY 10466 (MLS# 887992) is a Multi-Family property with 3 units containing 5 bedrooms and 3 full bathrooms. 1038 E 224 Street is currently listed for $1,298,500 and was received on July 11, 2025. Want to learn more about 1038 E 224 Street? Do you have questions about finding other Multi-Family real estate for sale in Bronx? You can browse all Bronx real estate or contact a Coldwell Banker agent to request more information.

