Fully Renovated Detached Brick 3-Family

1038 E 224th Street Bronx, NY 10466

Claim this Listing
For Sale
$1,099,000

MULTI_FAMILY - Bronx, NY

Lot size:
0.06 Acres
Added:
Jun 27, 2026
Days on Market:
16
Last Refresh:
Jul 12 at 4:06 am

Property Features for 1038 E 224th Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Bathrooms
3
Rooms
Bathroom 1, Bathroom 3, Bedroom 2, Bathroom 2, Bedroom 5, Bedroom 4, Bedroom 1, Bedroom 3, Basement
Basement
Finished, Full
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 agent Kenneth Fuentes

Listing office Keller Williams Realty NYC Grp 2300 Eastchester Road, Bronx, NY

Listing date Jun 27, 2026

MLS# 1019347 Listing URL

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 with a finished basement
  • Layout includes a vacant renovated 4‑bedroom on the 1st floor plus a one‑bedroom and a studio on the 2nd floor
  • Owner‑occupant option: live in the 4‑bedroom while collecting rent from the 1‑bedroom and studio units

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 with a finished basement; Layout includes a vacant renovated 4‑bedroom on the 1st floor plus a one‑bedroom and a studio on the 2nd floor; Owner‑occupant option: live in the 4‑bedroom while collecting rent from the 1‑bedroom and studio units
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