721 E 242nd Street, Bronx, NY 10470
Property image
Property image
FOR SALE

721 E 242nd Street
Bronx, NY 10470

Wakefield
  • 7 Beds
  • 4 Baths
  • 3,460 sqft

$1,350,000

Est. Mortgage $7,858/mo*
Get Pre-Qualified

$1,350,000

Est. Mortgage $7,858/mo*
Get Pre-Qualified
7 Beds
4 Baths
3,460 sqft

Home Highlights

Climate Control
Heating & Cooling
Price/Sqft
$390
Listed
27 days ago

Local Information

  • Map ViewExplore the area around 721 E 242nd Street.
  • Schools1 Preschool School2 Elementary Schools2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

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!
Last check for updates: about 2 hours ago
Listing by: Keller Williams Realty NYC Grp, (718) 697-6800
Onyinyechi Ekpecham, (347) 205-1056
Source: OneKey® MLS as distributed by MLS GRID, MLS#1015109
Also Listed on OneKey® MLS as distributed by MLS GRID.

Home Details for 721 E 242nd Street

Interior Features

Interior Details
Basement: See Remarks
Beds & Baths
Number of Bedrooms: 7Number of Bathrooms: 4Number of Bathrooms (full): 4
Appliances & Utilities
Utilities: See Remarks
Heating & Cooling
Heating: See Remarks,OtherHas CoolingAir Conditioning: Wall/Window Unit(s)Has HeatingHeating Fuel: See Remarks
Fireplace & Spa
No Spa

Exterior Features

Exterior Home Features
No Private Pool
Parking & Garage
No CarportNo GarageParking: Other
Water & Sewer
Sewer: Public Sewer

Days on Market

Cumulative Days on Market: 16Days on Market: 27

Property Information

Year Built
Year Built: 1931
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Quadruplex, Multi FamilyArchitecture: Other
Building
Construction Materials: Block, BrickNot Attached Property
Property Information
Parcel Number: 051150014

Price & Status

Price
List Price: $1,350,000Price Per Sqft: $390

Active Status

MLS Status: Active

Location

Direction & Address
City: Bronx
School Information
Elementary School: Ps 16 WakefieldJr High / Middle School: Jhs 144 MichelangeloHigh School: Contact AgentHigh School District: Bronx 11

Agent Information

Listing Agent
Listing ID: 1015109

Building

Building Area
Building Area: 3460 Square Feet

Community

Not Senior Community

Lot Information

Lot Area: 2500 sqft

Listing Info

Special Conditions: None

Offer

Listing Agreement Type: Exclusive Right To Sell

Miscellaneous

BasementMls Number: 1015109Attribution Contact: 718-697-6800Showing Requirements: 24 Hour Notice, See Remarks, Showing Service

Market trends in New York

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$767K
$4.33KMoM
Sale-to-List Price
97.9%
0.1%MoM
Price per sq ft
$653
$10MoM
Available listings
18631
48MoM

Price History for 721 E 242nd Street

DatePriceEventSource
06/25/2026$1,350,000Listed For SaleOneKey® MLS as distributed by MLS GRID #1015109
06/02/2021ListingRemovedZillow Rental Manager
05/26/2021$1,800Listed For RentZillow Rental Manager

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Property Tax and Assessment

Year2025
Tax$17,030
Assessment$707,000
Home facts updated by county records

Comparable Sales for 721 E 242nd Street

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
807 E 242nd Street, Bronx, NY
0.08
Multi-Family Home
$1,225,000
11/26/25
7
4
3,360
46 S 12th Avenue, Mount Vernon, NY
0.27
Multi-Family Home
$1,055,000
10/30/25
7
4
3,500
4602 Bronx Boulevard, Bronx, NY
0.35
Multi-Family Home
$500
01/23/26
6
3
3,900
4636 Bronx Boulevard, Bronx, NY
0.30
Multi-Family Home
$1,279,000
03/18/26
9
3
2,784
4612 Monticello Avenue, Bronx, NY
0.30
Multi-Family Home
$994,179
03/11/26
6
2
2,764
4018A Bruner Avenue, Bronx, NY
0.47
Multi-Family Home
$870,000
01/14/26
6
3
2,200
679 E 241st Street, Bronx, NY
0.18
Multi-Family Home
$800,000
05/15/26
5
2
2,124
740 Nereid Avenue, Bronx, NY
0.61
Multi-Family Home
$870,000
10/23/25
7
3
2,761

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Assigned Schools

These are the assigned schools for 721 E 242nd Street.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Wakefield
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Wakefield

At least 852 Trulia users voted on each feature.

  • 91 % Say there are sidewalks

  • 85 % Say it's walkable to grocery stores

  • 74 % Say it's dog friendly

  • 71 % Say it's walkable to restaurants

  • 67 % Say streets are well-lit

  • 65 % Say yards are well-kept

  • 59 % Say there's holiday spirit

  • 56 % Say kids play outside

  • 52 % Say car is needed

  • 49 % Say people would walk alone at night

  • 45 % Say neighbors are friendly

  • 45 % Say they plan to stay for at least 5 years

  • 43 % Say it's quiet

  • 40 % Say parking is easy

  • 40 % Say there's wildlife

  • 30 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Thiernoismael2015
    "They are good people in this space with different opinions lovely friends beautiful family love Nicely "
    0
    Flag
  • Kamla Kalamazad
    "People walk their dogs and never pick the dog poop up filter people they want to have dogs and not take care of their dogs "
    3
    Flag
  • Madeline Feliciano Soto
    "There Are Many Families in The Area Feel Safe Live Here 15 Years Quiet And Clean Love My Neighborhood "
    0
    Flag
  • Shaleem O'Connor
    "Easy good and accessible. Stores are all over of all varieties. Train stations are close, as well as a bunch of transferable buses and routes. I take 1 train to get to work. Very convenient. There are buses to two different malls which are a bus ride away. "
    3
    Flag
  • Giovanni.bartolotta
    "I live in the area for several years and slowly but surely its getting more urban transplants and new couples moving into the area because of affordability , access to NYC , Westchester and apartment size . I wouldn't be surprised if it started to become more Yuppies in , "
    5
    Flag
  • Yohanna
    "Wakefield is not the same . Everyday getting worse. Now is garbage in the streets , people living in the street, too much noise and need to be careful going out because you never know what going to happen to you. I’m too disappointed."
    1
    Flag
  • Evelyn Vargas
    "Bbq with neighbors fire works on Fourth of July we see and block parties kids have a great school in the neighborhood "
    1
    Flag
  • Isamador24
    "Park bday parties n Irish parade Bbq sales around the park Wedding from differently nationalities "
    0
    Flag
  • Trulia User
    "I av live in the place and it’s ok only noisy summer people would be playin loud music Cara horns double park "
    11
    Flag
  • Trulia User
    "i live in the area for about 5 years. Alot of the neighbors are anti social however it is a quiet area and my packages so far have been safe "
    6
    Flag
  • Trulia User
    "good place to live you can walk your dog go grocery shopping or take your kids to the park. thank you"
    0
    Flag
  • Trulia User
    "Ok but need more street cleaning and more safety for young children and I think it’s over populated as well "
    5
    Flag
  • Trulia User
    "Summer time and everyone is friendly. It has a lot of shopping and groceries stores. It has a lot of Caribbean markets with fresh fruits and vegetables "
    2
    Flag
  • Trulia User
    "Quite neighborhood. Everyone is very friendly and very close to the train station and metro north n9t forget the buses right there too.. "
    0
    Flag
  • Trulia User
    "They have very good schools in this neighborhood ..Not many young kids on my block but the ones that do live here are very friendly n respectful "
    1
    Flag
  • Trulia User
    "the neighborhood is safe and I like the surrounding,there are alot of parks and parking and its family friendly "
    0
    Flag
  • Trulia User
    "It’s very residential. Well maintained lawns and homes. People are friendly. Wonderful schools in the area. Child friendly areas as well. "
    0
    Flag
  • Trulia User
    "The Neighborhood is a quiet place with accesible public transportation and many schools near, street parking available Easy and fast food restaurants near. "
    0
    Flag
  • Trulia User
    "you have access to the metro north Wakefield station and the 2 train. Also the Bronx river expressway and the Major Deegan and 95"
    0
    Flag
  • Trulia User
    "A place for the dogs to go that’s not a sidewalk People use the sidewalk I don’t clean up after them"
    0
    Flag
  • Trulia User
    "Best area I have ever lived in NY, best and most calmed part of the Bx. Neighbors are friendly and everyone minds their own biz…"
    0
    Flag
  • Trulia User
    "it's just one of the better areas in the Bronx schools. it can have better schools in the area though "
    0
    Flag
  • Trulia User
    "Good place, good people, good food, and good energy. Lived here for over 10 years and it is the excellent place to raise kids. You will be very pleased to live in this neighborhood "
    0
    Flag
  • Trulia User
    "A little noisy at time from loud music other then that you can tell the majority of the people here work and it’s clean. "
    0
    Flag
  • Trulia User
    "Very good neighborhood to live in , polite people all over and most houses are occupied by owners. Well kept "
    6
    Flag
  • Trulia User
    "The neighborhood is great. it is a great place to have your family. There are parks, recreational activities and the people are family oriented. I hope to remain in this neighborhood."
    0
    Flag
  • Trulia User
    "The verity of food is what makes this neighborhood unique. There is something different on every corner."
    0
    Flag
  • Trulia User
    "There is a laundry mat across the street it’s pretty quiet lots of trees it has a country feel t it "
    0
    Flag
  • Gholdentrinity
    "family oriented neighborhood, longtime families are grandparents now. East 222nd street block Association very informative of community going on."
    12
    Flag
  • Claire G.
    "I have live in this tea for the past four years it a nice neighborhood the only problem is parking is ver hard to find"
    26
    Flag
  • Khaleil P.
    "Direct ride into the city by metro railway express or subway. Super convenient and helpful. Love the area"
    3
    Flag
  • Mariagreen3205
    "Not to many parks for kids. The schools aren’t good either. I lived here for 20 years and it’s not multi cultural. "
    4
    Flag
  • Tamika T.
    "Dogs are welcome. People walk and clean up after their dogs. I never feel unsafe around neighborhood dogs. "
    2
    Flag
  • Politricks22
    "People need to clean their dog’s poop because it makes the neighborhood unclean especially when it rains "
    0
    Flag
  • Felicito C.
    "I have lived in this neighborhood for the last 15 years and so far I enjoyed, if you are looking to buy a house this is one the neighborhood that I recommend because of accessibility to public transportation, parkway and highways "
    20
    Flag
  • Sky P. D.
    "It’s near subway, schools, church, grocery store, and hospitals. Everything you need is near. Neighbors are nice and friendly"
    4
    Flag
  • Shamah S.
    "dog owners in this area would find that very few people clean behind their animal. it is sad that my dog has to watch his step"
    2
    Flag
  • Maria233rivera17
    "every good & Close to my job next train and also family * friends close to store were you can shopping l like it "
    3
    Flag
  • Gaellebaptiste
    "There’s a park nearby and plenty of opportunity to walk your dog. Please curb your dog though. It would be nice to not have to worry about dog 💩 under your shoes and dragging it in the house. "
    2
    Flag
  • Joelrodriguez225
    "Nothing is done in my community all there is are shot outs and things of that nature negative stuff can’t raise a family "
    4
    Flag

LGBTQ Local Legal Protections

Onyinyechi Ekpecham, Keller Williams Realty NYC Grp, (718) 697-6800
Agent Phone: (347) 205-1056
Based on information submitted to the MLS GRID as of 2026-07-22 07:48:22 PDT 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. Some IDX listings have been excluded from this website. Click here for more information
721 E 242nd Street, Bronx, NY 10470 is a 7 bedroom, 4 bathroom, 3,460 sqft multi-family built in 1931. 721 E 242nd Street is located in Wakefield, Bronx. This property is currently available for sale and was listed by OneKey® MLS as distributed by MLS GRID on Jun 25, 2026. The MLS # for this home is MLS# 1015109.