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Brick Four-Family Quadplex
For Sale
$1,350,000

721 E 242nd Street, Bronx, NY 10470

MULTI_FAMILY - Bronx, NY

Property SizeContact for details
Lot Size0.06 Acres
Days on Market55

Property Features for 721 E 242nd Street

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Bedrooms 7
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 5, Bathroom 1, Bathroom 2, Bedroom 4, Bedroom 2, Bedroom 7, Bedroom 6, Bathroom 4, Bedroom 1, Bedroom 3, Bathroom 3, Basement
Elementary school Ps 16 Wakefield
Middle school Jhs 144 Michelangelo
High school Contact Agent
Elementary school district Bronx 11
Middle school district Bronx 11
High school district Bronx 11
Directions Take I-87 (Major Deegan Expressway) to Exit 13 for E 233rd Street. Continue east on E 233rd Street, turn left onto White Plains Road, then turn right onto E 242nd Street. Property is located on the block between White Plains Road and Barnes Avenue.
Standard status Active
APN 05115-0014
Lot size 0.06 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 7632

Utilities

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

Building Details

Year built 1931
Number of units 4
Building materials Block, Brick
Listing Agency: Keller Williams Realty NYC Grp
Listed By: Onyinyechi Ekpecham · License #10401248140
Added: Jun 22 Changed: Aug 3 Last Checked: Aug 15 at 1:06PM
MLS# 1015109

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.

Brick four-family quadplex at 721 E 242nd Street on a 0.0574-acre lot. The property is described as offering over 3,400 square feet of living space and includes multiple bedrooms and bathrooms, along with a basement. Construction materials are block and brick, and cooling is provided via wall and window unit(s).

The building is located on a quiet residential block in the Bronx, with close proximity to Metro-North, subway lines, major roadways, local shops, dining, schools, and everyday conveniences.

Built in 1931, the property uses public water and public sewer services. The configuration and rental-oriented structure support a four-family income approach for an owner-operator or investor seeking residential income exposure.

Key Highlights

  • Four‑family quadplex on a 0.0574‑acre lot
  • Over 3,400 square feet of living space
  • Built in 1931

Property Analytics

Current Use

Quadplexes

Suggested Use

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

2,353
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
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Brick quadplex built in 1931 with public water and public sewer, plus wall and window unit cooling.
Where is this quadplex located?
The property is located at 721 E 242nd Street Bronx, NY.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Four‑family quadplex on a 0.0574‑acre lot; Over 3,400 square feet of living space; Built in 1931
More about this property
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