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For sale
  • $1,100,000

    1038 E 224th Street, Bronx, NY 10466

    7beds
    2,016sqft
    Loading
    Triplex, Multi Family
    Built in 1940
    -- sqft lot
    $-- Zestimate®
    $546/sqft
    $-- HOA

    What's special

    Three spacious units
    Prime 3-Family Cash-Flow Investment Opportunity in Wakefield Positioned in the vibrant Bronx neighborhood of Wakefield, 1038 East 224th Street is a versatile 3-family property designed to maximize rental yields. Whether you are looking to expand your portfolio or live in one unit while collecting substantial rent from the others, this property delivers the ideal layout and location. The home features three spacious units—a generous 4-bedroom unit, a comfortable 2-bedroom unit, and an efficient 1-bedroom unit—allowing for a diverse tenant base and minimized vacancy risk. The lower level includes a convenient walk-out unit, perfect for additional storage, recreational space, or utility access. All units were fully renovated prior to renting. Situated "close to all," residents enjoy easy access to local retail, public transportation (including nearby subway lines and bus routes), schools, and neighborhood parks—ensuring consistently high tenant demand.
    4 hours
    85
    3

    Zillow last checked:

    Listing updated:

    Listed by:

    EXIT Realty Private Client 914-222-1000,

    Jose J. Flores 917-353-8808

    Source: OneKey® MLS as distributed by MLS GRID,MLS#: 1049290MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 7
      • Bathrooms: 4
      • Full bathrooms: 4
      Heating
      • Baseboard
      Cooling
      • None
      Features
      • Storage
      • Basement: Partially Finished,See Remarks,Walk-Out Access
      Interior area
      • Total structure area: 2,016
      • Total interior livable area: 2,016 sqft

      Property

      Parking
      • Parking features: None
      Lot
      • Size: 2,736 Square Feet
      Details
      • Parcel number: 048700055
      • Special conditions: None

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Triplex, Multi Family
      Materials
      • Brick
      Condition
      • Year built: 1940

      Utilities & green energy

      • Gas: Separate Gas Meters: 3
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Connected, Natural Gas Connected

      Community & HOA

      Location
      • Region: Bronx

      Financial & listing details

      • Price per square foot: $546/sqft
      • Tax assessed value: $52,800
      • Annual tax amount: $7,449
      • Date on market: 9/10/2026
      • Cumulative days on market: 385 days
      • Listing agreement: Exclusive Right To Sell
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        9/10/2026Listed for sale$1,100,000+0.1%$546/sqft
        Source: OneKey® MLS as distributed by MLS GRID #1049290 Report a problem
        8/14/2026Listing removed$1,099,000$545/sqft
        Source: OneKey® MLS as distributed by MLS GRID #1019347 Report a problem
        7/6/2026Price change$1,099,000-3.4%$545/sqft
        Source: OneKey® MLS as distributed by MLS GRID #1019347 Report a problem
        6/30/2026Price change$1,138,000-3.4%$564/sqft
        Source: OneKey® MLS as distributed by MLS GRID #1019347 Report a problem
        6/27/2026Listed for sale$1,178,000$584/sqft
        Source: OneKey® MLS as distributed by MLS GRID #1019347 Report a problem
        6/27/2026Listing removed$1,178,000$584/sqft
        Source: OneKey® MLS as distributed by MLS GRID #971933 Report a problem
        6/23/2026Price change$1,178,000-5.6%$584/sqft
        Source: OneKey® MLS as distributed by MLS GRID #971933 Report a problem
        3/16/2026Listed for sale$1,248,000-3.6%$619/sqft
        Source: OneKey® MLS as distributed by MLS GRID #971933 Report a problem
        3/5/2026Listing removed$1,294,500$642/sqft
        Source: OneKey® MLS as distributed by MLS GRID #887992 Report a problem
        1/30/2026Price change$1,294,500-0.3%$642/sqft
        Source: OneKey® MLS as distributed by MLS GRID #887992 Report a problem
        9/15/2025Price change$1,298,500-4.1%$644/sqft
        Source: OneKey® MLS as distributed by MLS GRID #887992 Report a problem
        8/3/2025Price change$1,354,000-3.2%$672/sqft
        Source: OneKey® MLS as distributed by MLS GRID #887992 Report a problem
        7/11/2025Listed for sale$1,399,000+79.4%$694/sqft
        Source: OneKey® MLS as distributed by MLS GRID #887992 Report a problem
        6/16/2022Sold$780,000-7%$387/sqft
        Source: OneKey® MLS as distributed by MLS GRID #H6125283 Report a problem
        8/19/2021Pending sale$839,000+15.7%$416/sqft
        Source: OneKey® MLS as distributed by MLS GRID #H6125283 Report a problem
        2/1/2020Listing removed$725,000$360/sqft
        Source: WAYCO REALTY INC #10643111 Report a problem
        11/7/2019Listed for sale$725,000$360/sqft
        Source: WAYCO REALTY INC #10643111 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$7,450 +6%$49,740 +3.6%
        2024$7,028 -1.1%$48,000 +2.3%
        2023$7,107 $46,920 +7.1%
        2022-- $43,800 +8.8%
        2021-- $40,260 +4.4%
        2020$6,543 +6%$38,580 +24.1%
        2019$6,172 +1.2%$31,080 +6.6%
        2018$6,100 +4.4%$29,160 +1.7%
        2017$5,843 +8%$28,663 +5.9%
        2016$5,412 $27,072 +5.1%
        2015$5,412 +65.9%$25,758 +6%
        2014$3,261 $24,300 -3.1%
        2013-- $25,081 +5%
        2012-- $23,886 +5.9%
        2011-- $22,560 +1.5%
        2010-- $22,222 +6%
        2009-- $20,966 +0.3%
        2008-- $20,901 +5%
        2007-- $19,905 +1.8%
        2006-- $19,552 +5.6%
        2005-- $18,519 +6%
        2004-- $17,472 +0.3%
        2003-- $17,418 +5%
        2002-- $16,588 +1.8%
        2001-- $16,294 +5.6%
        2000-- $15,433
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Wakefield

        Getting around

        82 / 100
        Very Walkable
        83 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Contact Agent
        • High: Contact Agent

        Source: OneKey® MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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