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$1,350,000

721 242nd St

Bronx, NY
Pending
7
Bedrooms
4
Bathrooms
3,460
Square Feet
0.06
Lot Size (acres)
1931
Year Built
124
Days On Market

Welcome to 721 E. 242nd Street, a rare four-family investment property nestled in the heart of Wakefield. Offering over 3,400 square feet of living space, this income-generating building combines classic Bronx character with exceptional potential. Situated on a quiet residential block, the property enjoys close proximity to Metro-North, subway lines, major roadways, local shops, dining, schools, and everyday conveniences. Whether you're an investor looking to expand your portfolio or a buyer seeking a property with substantial rental income, this multifamily residence delivers both versatility and opportunity in one of the Bronx's most established neighborhoods. This gem will not last—schedule your private viewing today!

Listing Information

Listing Updated
08/25/2026
Listed By
Onyinyechi Ekpecham · Keller Williams Realty NYC Grp, 7186976800
MLS#
1015109
Source
OneKey MLS
Status
Pending

Facts & Features

Location

Community Information

Address
721 E 242nd St, Bronx, NY 10470
City
Bronx
County
Bronx
Zip Code
10470

Architecture

Bedrooms
7
Bathrooms
4
Year Built
1931
Style
Other
Construction Materials
Brick, Block
Building Area
3,460 sq. ft.
Garage Spaces
0
Parking Features
Other

Features & Amenities

Interior Features
Other
Cooling
Wall/Window Unit(s)
Heating
See Remarks, Other

Property Features

Lot Size
0.06 Acres
Water
Public
Sewer
Public Sewer
Utilities
See Remarks

Square Footage

Total
3,460 sq. ft.

Tax & Financial Information

List Price
$1,350,000
Annual Taxes
$7,631

Schools

52/100
Ps 16 Wakefield
Elementary · Grades PK–05 · 0.4 mi
Assigned school for this home
City
Bronx
Students
313
Student body
53% Hispanic / Latino · 31% Black · 6% American Indian / Alaska Native
Free/reduced lunch
91%
Phone
(718) 324-1262
100/100
Bronx Charter School For Excellence 4
Elementary · Grades KG–07 · 0.6 mi
City
Bronx
Students
286
Student body
81% Black · 14% Hispanic / Latino · 2% Asian
Free/reduced lunch
80%
Phone
(347) 773-3100
75/100
Yonkers Montessori Academy
7th & Above · Grades PK–12 · 0.7 mi
City
Yonkers
Students
1,341
Parent reviews
5.0★ avg · 6 reviews
Student body
46% Hispanic / Latino · 36% White · 12% Black
Free/reduced lunch
39%
Phone
(914) 376-8540
55/100
Grimes School
Elementary · Grades KG–08 · 0.4 mi
City
Mount Vernon
Students
447
Student body
77% Black · 18% Hispanic / Latino · 2% Asian
Phone
(914) 665-5020
55/100
Amani Public Charter School
Middle · Grades 05–08 · 0.7 mi
City
Mount Vernon
Students
332
Student body
93% Black · 5% Hispanic / Latino · 1% Two or More Races
Free/reduced lunch
67%
Phone
(914) 668-2553
55/100
Edward Williams School
Elementary · Grades PK–08 · 1 mi
City
Mount Vernon
Students
434
Student body
77% Black · 18% Hispanic / Latino · 2% White
Free/reduced lunch
84%
Phone
(914) 665-5070
54/100
Cecil H Parker School
Elementary · Grades PK–08 · 0.8 mi
City
Mount Vernon
Students
339
Student body
79% Black · 17% Hispanic / Latino · 2% Asian
Free/reduced lunch
81%
Phone
(914) 665-5040
53/100
Ps 87
Elementary · Grades KG–05 · 0.7 mi
City
Bronx
Students
356
Student body
57% Black · 28% Hispanic / Latino · 5% Asian
Free/reduced lunch
87%
Phone
(718) 324-5188

School ratings are provided for informational purposes only and are subject to change. Attendance boundaries are for reference only — contact the school or district directly to verify enrollment eligibility.

Historical Data

Price History

DateEventPrice
06/25/2026Listed for sale$1,350,000

Listed by Onyinyechi Ekpecham · Keller Williams Realty NYC Grp · 7186976800

Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Copyright 2026, OneKey MLS. All rights reserved.

Last Updated: August 25, 2026 at 7:07 AM | Source: OneKey MLS | MLS#: 1015109

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