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Fully Renovated Detached Brick 3-Family

1038 E 224th Street Bronx, NY 10466

1038 E 224th Street, Bronx, NY, 10466
$1,099,000
For Sale
$1,099,000

MULTI_FAMILY - Bronx, NY

Lot Size0.06 Acres
Days on Market25

Property Features for 1038 E 224th Street

General Information

Property type
Residential Multi Family
Property subtype
Triplex
Bedrooms
5
Bathrooms
3
Rooms
Bedroom 1, Bathroom 1, Bedroom 4, Bedroom 3, Bathroom 2, Bedroom 5, Basement, Bedroom 2, Bathroom 3
Basement
Full, Finished
Standard status
Active
APN
04870-0055
Lot size
0.06 Acres

Taxes and HOA fees

Tax Year
2026
Tax Annual Amount
7360

Utilities

Sewer type
Public Sewer
Heating system
Oil
Cooling system
Wall/Window Unit(s), Window Unit(s)
Water source
Public

Building Details

Year built
1940
Number of units
3
Building materials
Brick
Listing agency Keller Williams Realty NYC Grp
Listed by Kenneth Fuentes
Added: Jun 27 Updated: Jul 17 at 9:21PM Checked: Jul 21 at 1:06PM
MLS# 1019347

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This fully renovated detached brick 3-family offers a clear live-in or investment layout. The 1st floor includes a vacant, renovated 4-bedroom unit, while the 2nd floor features a one-bedroom apartment and a separate studio. In addition to the main units, there is a large finished basement. Per the certificate of occupancy, the basement is an accessory to the dwelling and allows for a summer kitchen, creating flexible additional space for an owner-occupant or an operating investor.

Located in the Wakefield section of the Bronx, the property is described as being near major transportation, including the #2 and #5 train.

The configuration supports multiple ownership strategies. An owner-occupant can use the 4-bedroom unit as a primary residence and collect rent from the studio and one-bedroom apartments. Alternatively, the home can be approached as an investment property with the 4-bedroom unit noted as rentable for $4,111, while the studio and one-bedroom provide additional income streams. The ready condition and finished basement add practical everyday usefulness for household, entertaining, or operating needs.

Key Highlights

  • Fully renovated detached brick 3‑family in the Wakefield section
  • 1st floor offers a vacant renovated 4‑bedroom unit
  • 2nd floor includes a 1‑bedroom and a studio apartment

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Dell Apartment Complex

Suggested Use

Law Firm Real Estate Agency Parking Lot & Garage Dental Office Gym & Fitness Center Skin Care Clinic Acupuncture Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Bar & Pub

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Detached brick 3-family with vacant 4-bedroom, plus studio and one-bedroom units, and a finished basement with summer kitchen use.
Where is this triplex located?
The property is located at 1038 E 224th Street Bronx, NY.
What is the asking price?
The asking price for this property is $1,099,000.
What are key features of this property?
This property features: Fully renovated detached brick 3‑family in the Wakefield section; 1st floor offers a vacant renovated 4‑bedroom unit; 2nd floor includes a 1‑bedroom and a studio apartment
Contact an agent
More about this property
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