$1,350,000
Original price: $1,400,000
- 9 Beds
- 3 Baths
- 3,366 sqft
854 E 229th Street, Bronx, NY 10466
Est. Mortgage $8,322/mo*
Get Pre-QualifiedHome Highlights
Multi-Family
Built in 1910
$401/sqft
Garage
Local Information
-- mins to
About this House
What's unique:Three-family brick homeFour electric metersPrivate drivewayThree gas metersThree boilersSpacious lot
Double-track value: Keep the existing cash-flowing 3-family while planning and building a second 3-family on the same lot, creating two revenue streams and maximizing FAR for the parcel. Immediate income + upside: Existing tenants provide instant NOI while a new build captures additional long-term rental revenue or a quick value-add resale. - Scarce garage supply: Four private garages significantly boost unit desirability and rent premiums in the borough where off-street parking is rare. Economies of scale: Shared lot reduces acquisition costs per unit compared with buying separate properties; development costs concentrated on one parcel. Strong ROI potential: Below-market asking price for combined lot and build potential in R4 zoning presents clear opportunity for unit count expansion, rent growth after renovation, or a 2-property sale strategy. Flexible exit strategies: Hold for stabilized cash flow, renovate and increase rents, or develop and sell the new 3-family separately or as a package. A premier investment opportunity regarding a legal three-family brick home situated on a spacious lot. This property is ideally configured with a versatile layout featuring 4 bedrooms over 3 bedrooms over 2 bedrooms, making it an excellent addition to any real estate portfolio. The home is well-equipped for multi-family management, featuring three boilers, four electric meters, and three gas meters. Additionally, the property offers exceptional parking and storage solutions, including garages, a private driveway. TWO tenants' units occupied. Monthly Rent: $3,606.00 each, and the 2 beds units is Vacant. PROPERTY COULD BE DELIVERY VACANT.
Conveniently located just minutes from the 233rd Street MTA station, the property provides easy access to major highways, buses, schools, and local shops.
Conveniently located just minutes from the 233rd Street MTA station, the property provides easy access to major highways, buses, schools, and local shops.
Last check for updates: about 14 hours ago
Listing by: Keller Williams Realty NYC Grp, 718-697-6800
Herminia Florimon, (347) 963-8373
Keller Williams Realty NYC Grp, (718) 697-6800
Errol W. Lewis, (914) 582-2483
Source: OneKey® MLS as distributed by MLS GRID, MLS#968735

Also Listed on My State MLS.
Home Details for 854 E 229th Street
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Beds & Baths Number of Bedrooms: 9Number of Bathrooms: 3Number of Bathrooms (full): 3 |
Appliances & Utilities Utilities: Electricity Connected |
Heating & Cooling Heating: Natural GasNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Natural Gas |
Gas & Electric Has Electric on Property |
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Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageHas Open ParkingParking Spaces: 2Parking: Driveway |
Water & Sewer Sewer: Public Sewer |
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Cumulative Days on Market: 201Days on Market: 180+ |
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Year Built Year Built: 1910 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Triplex, Multi Family |
Building Construction Materials: BrickNot Attached Property |
Property Information Parcel Number: 048530083 |
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Price List Price: $1,350,000Price Per Sqft: $401 |
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MLS Status: Active |
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Direction & Address City: Bronx |
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Listing Agent Listing ID: 968735 |
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Building Area Building Area: 3366 Square Feet |
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Not Senior Community |
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Lot Area: 5719.428 sqft |
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Special Conditions: None |
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Listing Agreement Type: Exclusive Right To Sell |
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Mls Number: 968735Attribution Contact: 718-697-6800Showing Requirements: Appointment Only, Call Listing Agent |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Sep 25, 2026 Source: OneKey® MLS as distributed by MLS GRID #968735 | PriceChange | $1,350,000 Price decreased by 4% |
Jul 17, 2026 Source: OneKey® MLS as distributed by MLS GRID #968735 | PriceChange | $1,400,000 Price increased by 17% |
Mar 13, 2026 Source: OneKey® MLS as distributed by MLS GRID #968735 | Listed For Sale | $1,200,000 |
Mar 12, 2025 Source: N/A | ListingRemoved | |
Dec 12, 2024 Source: N/A | Listed For Sale | $1,300,000 |
Feb 15, 2024 Source: N/A | Sold | $995,000 |
Nov 27, 2023 Source: N/A | Sold | $790,000 |
Oct 2, 2022 Source: OneKey® MLS as distributed by MLS GRID #H6171387 | ListingRemoved | |
May 12, 2022 Source: OneKey® MLS as distributed by MLS GRID #H6171387 | Listed For Sale | $1,049,999 |
Apr 8, 2022 Source: OneKey® MLS as distributed by MLS GRID #H6171387 | ListingRemoved | |
Mar 23, 2022 Source: OneKey® MLS as distributed by MLS GRID #H6171387 | Listed For Sale | $1,049,999 |
Dec 24, 2018 Source: Agent Provided | ListingRemoved | $1,200 |
Dec 22, 2018 Source: Agent Provided | Listed For Rent | $1,200 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $9,141 | $1,094,000 |
Home facts updated by county records
Around this home
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.
Market trends in New York
Last updated September 2026
Avg. sale price
$833K
$14.83KMoM
Sale-to-List Price
98.2%
0.1%MoM
Price per sq ft
$723
$18MoM
Available listings
17509
870MoM
Sourced by Trulia Market Trends
Home Value
Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.13 | Multi-Family Home | $591,603 | 06/23/26 | 10 | 5 | 2,850 | |
0.29 | Multi-Family Home | $1,100,000 | 11/13/25 | 7 | 4 | 3,089 | |
0.27 | Multi-Family Home | $950,000 | 02/24/26 | 7 | 3 | 2,786 | |
0.49 | Multi-Family Home | $950,000 | 12/23/25 | 9 | 3 | 4,554 | |
0.22 | Multi-Family Home | $949,000 | 04/27/26 | 5 | 3 | 2,720 | |
0.32 | Multi-Family Home | $970,000 | 10/06/26 | 9 | 4 | 2,440 | |
0.26 | Multi-Family Home | $850,000 | 12/08/25 | 5 | 4 | 1,800 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.01 | - | 3 | 1 | - | Off Market | |
0.01 | $727,100 | 3 | 1 | 1,728 | Off Market | |
0.02 | - | - | - | - | Off Market | |
0.02 | $693,700 | Studio | - | - | Off Market | |
0.02 | $735,600 | Studio | - | 1,656 | Off Market | |
0.02 | $817,600 | Studio | - | 2,424 | Off Market | |
0.02 | - | - | - | - | Off Market | |
0.02 | - | 2 | 1 | 700 | Off Market | |
0.02 | $698,200 | Studio | - | 1,664 | Off Market | |
0.02 | $1,189,000 | Studio | - | 5,040 | Off Market | |
0.02 | $1,102,800 | Studio | - | 3,772 | Off Market | |
0.03 | $693,700 | Studio | - | - | Off Market | |
0.03 | - | Studio | - | 9,452 | Off Market | |
0.03 | $751,100 | Studio | - | - | Off Market | |
0.03 | $797,300 | Studio | - | 1,760 | Off Market | |
0.03 | - | 4 | 2 | 1,200 | Off Market | |
0.03 | $693,700 | Studio | - | - | Off Market | |
0.03 | $639,000 | 3 | 1 | 3,444 | Off Market | |
0.03 | $733,900 | Studio | - | 1,508 | Off Market | |
0.03 | $770,600 | 3 | 2 | 1,902 | Off Market |
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Herminia Florimon, Keller Williams Realty NYC Grp, 718-697-6800
Agent Phone: (347) 963-8373

Based on information submitted to the MLS GRID as of 2026-11-03 23:13:27 PST 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
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Frequently asked questions about 854 E 229th Street
- What is the estimated monthly payment for 854 E 229th Street?Based on a $1,350,000 list price with 20% down at today's rates, the estimated monthly payment for 854 E 229th Street in Bronx, NY is approximately $8,417 (about $7,251 principal & interest, $1,091 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 854 E 229th Street compare to homes in Bronx?854 E 229th Street in Bronx, NY is listed at $1,350,000, about 62% above the $833K median sale price in Bronx.
- What do residents say about the Wakefield neighborhood?Residents describe the Wakefield neighborhood in Bronx, NY as pedestrian-friendly, walkable to grocery stores, and dog-friendly. See homes for sale in Wakefield, Bronx.
- What are the closest schools to 854 E 229th Street?The closest schools to 854 E 229th Street in Bronx, NY are Academy for Scholarship and Entreneurship (High, rated 3/10), Leaders of Tomorrow (Middle, rated 3/10), North Bronx School of Empowerment (Middle, rated 3/10).
854 E 229th Street, Bronx, NY 10466 is a 9 bedroom, 3 bathroom, 3,366 sqft multi-family built in 1910. 854 E 229th 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 Mar 10, 2026. The MLS # for this home is MLS# 968735.

