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    1038 E 224Th St Bronx, NY 10466

    For Sale
    $1,298,500

    MULTI_FAMILY - Bronx, NY

    Lot size:
    0.06 Acres
    Days on Market:
    14
    Last Refresh:
    Dec 6 at 7:06 am

    Property Features for 1038 E 224Th St

    General Information

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

    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

    Keller Williams Realty NYC Group (718) 697-6800 [email protected]

    Listing agent Kenneth Fuentes

    Listing date Nov 23, 2025

    MLS# 887992 Listing URL

    Copyright © 2025 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.

    Overview

    Renovated Brick Three-Family House

    This is a fully renovated detached brick three-family house located in the Wakefield section. The property features a vacant, renovated four-bedroom apartment on the first floor, along with a one-bedroom apartment and a studio apartment on the second floor. The property is suitable for an owner-occupant needing four bedrooms, while collecting rent from the studio and one-bedroom apartments. Alternatively, it presents an opportunity for an investor who can rent the four-bedroom apartment. The property includes a large finished basement. According to the Certificate of Occupancy, the basement is an accessory to the dwelling and allows for a summer kitchen, providing additional uses for this space. The property is near major transportation options, including the #2 and #5 train station. The lot size is 0.0628 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Dell Apartment Complex

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Bronx
    County
    Bronx
    State
    New York
    Longitude
    -73.851013
    Latitude
    40.883713

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    FAQs

    What type of property is this?
    Triplex - Fully renovated three-family house in Wakefield section of the Bronx.
    Where is this triplex located?
    The property is located at 1038 E 224Th St Bronx, NY.
    What is the asking price?
    The asking price for this property is $1,298,500.
    What are key features of this property?
    This property features: - Fully renovated detached brick 3-family home.; - Vacant, renovated 4-bedroom unit on the first floor, ideal for owner-occupancy or high rental income.; - Includes a one-bedroom and a studio apartment on the second floor for rental income.
    (718) 697-6800
    Request Owner's contact information
    1038 E 224Th St Bronx, NY 10466
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    Bronx, NY 10466
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1038 E 224Th St Bronx, NY 10466
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