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Six-Story Elevator Apartment Building
For Sale
Contact for pricing
Pending

660 E 242nd St The, Bronx, NY 10470

Multifamily property with 60 apartments, an on-site superintendent’s unit, and an antenna.

Property Size55,650 SF
Days on Market131

Property Features for 660 E 242nd St The

General Information

Standard status Pending
Size 55,650 SF
Elevators Yes
Property subtype Multifamily

Site & Location

Highway Access Yes
Road Access Yes
Public Transit Yes

Units

Unit Mix 13 x studio, 36 x 1BR, 12 x 2BR
Multifamily Units 61

Building Details

Year Built 1933
Buildings 1
Stories 6
Listing Agency: GFI Realty Services LLC
Listed By: Traci-lea Dixon · License #NY 10491205528
Source: Crexi
Added: Apr 23 Changed: Aug 30 Last Checked: Aug 30 at 12:45PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of GFI Realty Services LLC

Investment Insights

Based on property information with market context.

This 1933 multifamily property is a six-story elevator building totaling 55,650 square feet. The asset contains 60 apartments, a superintendent’s basement apartment, and an antenna. Its corner configuration places the building at East 242nd Street and Richardson Avenue in the Wakefield section of the Bronx.

Residents have access to the retail and service businesses along White Plains Road, including shops, national retailers, restaurants, and supermarkets. Transit options include the 241st Street and Nereid Avenue subway stations serving the 2 and 5 lines, along with local bus routes and Metro-North’s Harlem line. The Bronx River Parkway is located within a few blocks, and Downtown Mount Vernon and Montefiore Mount Vernon Hospital are also accessible from the neighborhood.

Key Highlights

  • 60 apartments in a six‑story elevator building
  • 55,650 square feet of total building area
  • Constructed in 1933

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Parking Lot & Garage Acupuncture (Bike/Boat/Book/etc) Store Veterinary Clinic Florist

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

61
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

2,353
Businesses Nearby

Demographics for 10470, NY

16,686
Population
6,869
Households
2.4
Avg Household Size
38
Median Age
41%
College-Educated
86%
High-School Grad
1.4 sq mi
ZIP Area
11,919
Density / Sq Mi
$81,134
Median Household Income
$54,227
Median Earnings
$1,656
Median Rent
$500,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Apartment building - Multifamily property with 60 apartments, an on-site superintendent’s unit, and an antenna.
Where is this apartment building located?
The property is located at 660 E 242nd St The Bronx, NY.
What are key features of this property?
This property features: 60 apartments in a six‑story elevator building; 55,650 square feet of total building area; Constructed in 1933
More about this property
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