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Fully Renovated Detached Triplex
For Sale
$1,099,000

1038 E 224th Street, Bronx, NY 10466

MULTI_FAMILY - Bronx, NY

Property SizeContact for details
Lot Size0.06 Acres
Days on Market49

Property Features for 1038 E 224th Street

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 5
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 3, Bathroom 3, Basement, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 4, Bathroom 1, Bedroom 5
Basement Finished, Full
Elementary school Contact Agent
Middle school Call Listing Agent
High school Contact Agent
Elementary school district Contact Agent
Middle school district Contact Agent
High school district Contact Agent
Directions WAKEFIELD neighborhood - From Boston Rd make a right onto E. 222nd Street make a right onto Paulding Street then make a right onto E. 224th Street (between Paulding Ave. & Laconia Ave.)
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 · License #10401214433
Added: Jun 27 Changed: Aug 3 Last Checked: Aug 14 at 11:06AM
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.

Fully renovated detached brick triplex in the Wakefield section. The first floor includes a vacant renovated four-bedroom apartment, while the second floor offers a one-bedroom and a studio. A large finished basement adds usable space, and per the C/O the basement is an accessory to the dwelling and can be used to support a summer kitchen.

Additional building details include oil heating, wall/window and window unit cooling, and public utilities with public water and public sewer. The home was built in 1940 and sits on a 0.0628-acre lot. It is located near major transportation, including the #2 and #5 train station.

Overall, the property’s configuration supports either owner-occupancy with rental income from the smaller second-floor units or an investor plan using the full layout.

Key Highlights

  • Fully renovated detached brick three‑family home
  • Vacant renovated four‑bedroom apartment on the first floor
  • One‑bedroom and studio apartments on the second floor

Property Analytics

Current Use

Dell Apartment Complex

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Dental Office Gym & Fitness Center Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,083
Businesses Nearby

Demographics for 10466, NY

70,420
Population
26,303
Households
2.7
Avg Household Size
38
Median Age
26%
College-Educated
81%
High-School Grad
2.0 sq mi
ZIP Area
35,210
Density / Sq Mi
$66,328
Median Household Income
$44,053
Median Earnings
$1,528
Median Rent
$605,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Detached brick triplex with a vacant renovated four-bedroom unit plus a one-bedroom and studio on the second floor.
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 three‑family home; Vacant renovated four‑bedroom apartment on the first floor; One‑bedroom and studio apartments on the second floor
More about this property
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