Date
Details
Price
Change
Source
6/25/2026
Listed
$1,350,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/39
$1,350,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/39
Property Description
Welcome to 721 E. 242nd Street, a rare four-family investment property nestled in the heart of Wakefield. Offering over 3,400 square feet of living space, this income-generating building combines classic Bronx character with exceptional potential. Situated on a quiet residential block, the property enjoys close proximity to Metro-North, subway lines, major roadways, local shops, dining, schools, and everyday conveniences. Whether you're an investor looking to expand your portfolio or a buyer seeking a property with substantial rental income, this multifamily residence delivers both versatility and opportunity in one of the Bronx's most established neighborhoods. This gem will not last-schedule your private viewing today!
Full Property Details
Full Property Details for 721 E 242nd St
General
- Price: $1,350,000
- Taxes: $7,631
- Status: Active
- Type: Multi-Family
- Source: Long_Island
- MLS ID: 1015109
- Updated: 7/8/2026
- Added to Site: 18 day(s) ago
Interior
- Interior Features: Other
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 7
Parking
- Parking Features: Other
Location
- County: Bronx County
- Driving Directions: Take I-87 (Major Deegan Expressway) to Exit 13 for E 233rd Street. Continue east on E 233rd Street, turn left onto White Plains Road, then turn right onto E 242nd Street. Property is located on the block between White Plains Road and Barnes Avenue.
School Information
- High School District: Bronx 11
- Elementary School: Ps 16 Wakefield
- Middle School: Jhs 144 Michelangelo
- High School: Contact Agent
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: See Remarks, Other
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: See Remarks
Structural Information
- Architectural Style: Other
- Detached/Attached: Detached
- Construction: Block, Brick
- Basement: Yes
- Basement Desc.: See Remarks
- Building Size: 3460
- Square Feet: 3,460
- Year Built: 1931
Lot Features
- Lot Size (Acres): 0.0574
- Lot Size (Sq. Ft.): 2,500
Financial Considerations
- Tax Amount: $7,631.8
Disclosures and Reports
- Special Conditions: None
- Property ID: 05115-0014
Listed by Keller Williams Realty NYC Grp
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 721 E 242nd St —
Keller Williams Realty NYC Grp
718-697-6800
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 721 E 242nd St
School District:New York City Geographic School District 11
| Name | Grades | Distance |
|---|---|---|
Ps 16 Wakefield 4550 Carpenter Ave, The Bronx, NY 10470 | 3-5 | 0.4 mi |
Matilda Avenue School (The) 4520 Matilda Ave, The Bronx, NY 10470 | K-2 | 0.4 mi |
Leaders of Tomorrow 3710 Barnes Ave, The Bronx, NY 10467 | 6-8 | 1.8 mi |
North Bronx School of Empowerment 3710 Barnes Ave, The Bronx, NY 10467 | 6-8 | 1.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 721 E 242nd St
Tax History
Tax History for 721 E 242nd St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$17,027
—
$146,827
8%
2025
$17,027
8%
$136,219
8%
2024
$15,807
—
$126,432
—
2023
$15,807
100%
$126,432
-38%
2022
100%
$202,950
14%
2021
-100%
$178,650
-9%
2020
$13,070
83%
$195,750
—
2019
$7,142
-40%
$195,300
101%
2017
$11,934
—
$97,255
4%
2017
$11,934
7%
$93,828
8%
2016
$11,201
8%
$86,880
8%
2015
$10,384
6%
$80,603
8%
2014
$9,834
1%
$74,812
—
2013
$9,695
—
$74,812
—
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 721 E 242nd St
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
- Co-op
- Active
- Updated 15 hours ago
- 2Beds
- 1Total Bath
Listed by Keller Williams Rlty Landmark
- Single Family
- Active
- Updated 3 days ago
- 5Beds
- 6Total Baths
- 4,500Sq. Ft.
- Retail
- Active
- Updated 2 days ago
Listed by Canaan Realty International
- Apartment
- Active
- Updated 16 hours ago
- 3Beds
- 2Total Baths
- 1,190Sq. Ft.
721 E 242nd Street, Bronx, NY 10470 (MLS# 1015109) is a Multi-Family property with 4 units containing 7 bedrooms and 4 full bathrooms. 721 E 242nd Street is currently listed for $1,350,000 and was received on June 25, 2026. Want to learn more about 721 E 242nd 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.