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Street View
$1,350,000
Monthly Est:$6,719
6 Beds
3 Baths3 full baths
3,460sqft
719 E 242nd Street, New York, NY 10470
$1,350,000
$6,719/moEst:
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Quadruplex
Built in 1931
$-- HOA
2,500 sqft lot
$390/sq.ft
Description
Prime Investment Opportunity on the Bronx/Mount Vernon Border! This legal 4-family property delivers strong immediate cash flow with incredible value-add potential. The layout features three spacious 2-bedroom apartments and one 1-bedroom apartment, complemented by a bonus basement unit. Currently producing impressive rental income with existing rents at $2,885, $2,997, and $2,750. The building offers immediate flexibility for either an owner-occupant or an investor looking to capitalize on market-rate upside with 1 vacant unit ready for custom delivery or fresh tenancy. Ideally situated just steps from the Mount Vernon line and a short walk to the 2/5 subway lines, offering seamless commuting options into Manhattan. High demand location, steady returns, and major growth potential make this turnkey multi-family a standout addition to any portfolio!
- Houzeo last checked: 2 minutes ago
- Listing updated: September 25, 2026 at 1:26 pm
- Listing Provided by: Michael A. Brown (718) 541-6149 , Onyinyechi Ekpecham | Keller Williams Realty Group (914) 713-3270
- Source: OneKey MLS-NY as distributed by MLS GRID | MLS#: 1047740
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
Year Built
1931
HOA Fees
-
Finished Area
3,460 sqft
Lot Size
2,500 sqft lot
Basement Area
- sqft
MLS Name
OneKey MLS
MLS Number
1047740
MLS Status
Active
Days on Market
54
Cumulative Days on Market
18
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 6
Bathrooms: 3
Interior
Heating
Natural Gas
Interior Features
First Floor Bedroom, First Floor Full Bath
Cooling
Wall/window Unit(s)
Sewer
Public Sewer
Construction
Year Built
Year Built: 1931
Home type
Quadruplex
Construction Materials
Brick
Utilities & Energy
Parking Features
None
Utilities
Electricity Connected, Natural Gas Connected
Basement
Finished
Water Source
Public
Price History
| Date | Event | Price |
|---|---|---|
09/07/2026 Source: | Price Decreased | $1,350,000 -6.90% $390/sqft |
09/07/2026 Source: | Listed for Sale | $1,450,000 $419/sqft |
Wakefield Ranks #176 in New York, NY
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Based on information from OneKey MLS® through Nov 01, 2026, 07:16PM 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.
Advertising Broker: Derek Greene | The Greene Realty Group
