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Street View
$1,100,000
Monthly Est:$5,475
7 Beds
4 Baths4 full baths
2,016sqft
1038 E 224th Street, New York, NY 10466
$1,100,000
$5,475/moEst:
Get Pre-Approved
Triplex
Built in 1940
$-- HOA
2,736 sqft lot
$546/sq.ft
Description
Prime 3-Family Cash-Flow Investment Opportunity in Wakefield
Positioned in the vibrant Bronx neighborhood of Wakefield, 1038 East 224th Street is a versatile 3-family property designed to maximize rental yields. Whether you are looking to expand your portfolio or live in one unit while collecting substantial rent from the others, this property delivers the ideal layout and location.
The home features three spacious units—a generous 4-bedroom unit, a comfortable 2-bedroom unit, and an efficient 1-bedroom unit—allowing for a diverse tenant base and minimized vacancy risk. The lower level includes a convenient walk-out unit, perfect for additional storage, recreational space, or utility access.
All units were fully renovated prior to renting.
Situated "close to all," residents enjoy easy access to local retail, public transportation (including nearby subway lines and bus routes), schools, and neighborhood parks—ensuring consistently high tenant demand.
- Houzeo last checked: 3 minutes ago
- Listing updated: September 11, 2026 at 7:31 pm
- Listing Provided by: Jose J. Flores (917) 353-8808 | EXIT Realty Private Client (914) 222-1000
- Source: OneKey MLS-NY as distributed by MLS GRID | MLS#: 1049290
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
Year Built
1940
HOA Fees
-
Finished Area
2,016 sqft
Lot Size
2,736 sqft lot
Basement Area
- sqft
MLS Name
OneKey MLS
MLS Number
1049290
MLS Status
Active
Days on Market
51
Cumulative Days on Market
386
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 7
Bathrooms: 4
Interior
Heating
Baseboard
Cooling
None
Interior Features
Storage
Sewer
Public Sewer
Construction
Year Built
Year Built: 1940
Home type
Triplex
Construction Materials
Brick
Utilities & Energy
Parking Features
None
Basement
Partially Finished, See Remarks, Walk Out Access
Water Source
Public
Utilities
Electricity Connected, Natural Gas Connected
Price History
| Date | Event | Price |
|---|---|---|
09/10/2026 Source: | Listed for Sale | $1,100,000 $546/sqft |
Wakefield Ranks #176 in New York, NY
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Based on information from OneKey MLS® through Nov 01, 2026, 08:16PM as submitted to and distributed by MLS GRID. 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. IDX information is provided exclusively for consumers’ personal non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any, and as amended from time to time. © 2026 OneKey MLS. All rights reserved.
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