Prime Investment Opportunity on the Bronx/Mount Vernon Border! This legal 4-family property delivers strong immediate cash flow with incredible value-add potential. The layout features three spacious 2-bedroom apartments and one 1-bedroom apartment, complemented by a bonus basement unit. Currently producing impressive rental income with existing rents at $2,885, $2,997, and $2,750. The building offers immediate flexibility for either an owner-occupant or an investor looking to capitalize on market-rate upside with 1 vacant unit ready for custom delivery or fresh tenancy. Ideally situated just steps from the Mount Vernon line and a short walk to the 2/5 subway lines, offering seamless commuting options into Manhattan. High demand location, steady returns, and major growth potential make this turnkey multi-family a standout addition to any portfolio!
Active
Price cut: $100K (9/25)
$1,350,000
719 E 242nd St, Bronx, NY 10470
6beds
3,460sqft
Multi Family
Built in 1931
-- sqft lot
$1,350,700 Zestimate®
$390/sqft
$-- HOA
What's special
Bonus basement unit
- 24 days
- 128
- 9
Zillow last checked:
Listing updated:
Listed by:
Keller Williams Realty NYC Group 347-205-1056,
Onyinyechi Ekpecham
Source: StreetEasy,MLS#: S1850741
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Features
- Has fireplace: No
Interior area
- Total structure area: 3,460
- Total interior livable area: 3,460 sqft
Property
Details
- Parcel number: 051150015
- Special conditions: Resale
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1931
Community & HOA
Community
- Subdivision: Bronx
Location
- Region: Bronx
Financial & listing details
- Price per square foot: $390/sqft
- Tax assessed value: $707,000
- Annual tax amount: $16,521
- Date on market: 9/30/2026
Estimated market value
$1,350,700
$1.28M - $1.42M
$3,614/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/25/2026 | Price change | $1,350,000-6.9%$390/sqft |
Source:  OneKey® MLS as distributed by MLS GRID #1047740 Report a problem | ||
| 9/7/2026 | Listed for sale | $1,450,000+5.1%$419/sqft |
Source: OneKey® MLS as distributed by MLS GRID #1047740 Report a problem | ||
| 11/10/2025 | Listing removed | $1,379,000$399/sqft |
Source: OneKey® MLS as distributed by MLS GRID #887423 Report a problem | ||
| 8/5/2025 | Price change | $1,379,000-4.9%$399/sqft |
Source: OneKey® MLS as distributed by MLS GRID #887423 Report a problem | ||
| 7/9/2025 | Listed for sale | $1,450,000+7.4%$419/sqft |
Source: OneKey® MLS as distributed by MLS GRID #887423 Report a problem | ||
| 1/1/2023 | Listing removed | -- |
Source: OneKey® MLS as distributed by MLS GRID #H6172968 Report a problem | ||
| 8/1/2022 | Listed for sale | $1,350,000-10%$390/sqft |
Source: OneKey® MLS as distributed by MLS GRID #H6172968 Report a problem | ||
| 7/19/2022 | Listing removed | -- |
Source: OneKey® MLS as distributed by MLS GRID #H6172968 Report a problem | ||
| 5/22/2022 | Price change | $1,500,000+74999900%$434/sqft |
Source: OneKey® MLS as distributed by MLS GRID #H6172968 Report a problem | ||
| 5/21/2022 | Listed for sale | $2-100% |
Source: OneKey® MLS as distributed by MLS GRID #H6172968 Report a problem | ||
| 5/4/2022 | Listing removed | -- |
Source:  NY State MLS Report a problem | ||
| 4/20/2022 | Listed for rent | $1,900+65.2%$1/sqft |
Source: NY State MLS #11070406 Report a problem | ||
| 7/10/2017 | Listing removed | $530,000$153/sqft |
Source: M & J Express Realty Corp #2925178 Report a problem | ||
| 6/29/2017 | Price change | $530,000-16.5%$153/sqft |
Source: M & J Express Realty Corp #2925178 Report a problem | ||
| 6/21/2017 | Listed for sale | $635,000+323.3%$184/sqft |
Source: M & J Express Realty Corp #2925178 Report a problem | ||
| 4/17/2017 | Listing removed | $150,000$43/sqft |
Source: M & J Express Realty Corp #2925178 Report a problem | ||
| 3/30/2017 | Listed for sale | $150,000-39.4%$43/sqft |
Source: M & J Express Realty Corp #2925178 Report a problem | ||
| 10/21/2014 | Listing removed | $1,150 |
Source: Extreme Realty Advance Report a problem | ||
| 10/9/2014 | Listed for rent | $1,150 |
Source: Extreme Realty Advance Report a problem | ||
| 10/21/1998 | Sold | $247,500$72/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $16,521 +8% | $318,150 +8.9% |
| 2024 | $15,297 +1.9% | $292,140 +20% |
| 2023 | $15,009 | $243,450 +20% |
| 2022 | -- | $202,950 +13.6% |
| 2021 | -- | $178,650 -8.7% |
| 2020 | $12,679 +8% | $195,750 +0.2% |
| 2019 | $11,740 -1.1% | $195,300 +107.5% |
| 2018 | $11,870 +2.9% | $94,120 +3.8% |
| 2017 | $11,535 +6.5% | $90,693 +8% |
| 2016 | $10,827 | $83,983 +7.4% |
| 2015 | $10,827 +59% | $78,192 +8% |
| 2014 | $6,810 | $72,400 |
| 2013 | -- | $72,400 +3.8% |
| 2012 | -- | $69,764 +8% |
| 2011 | -- | $64,603 +7.4% |
| 2010 | -- | $60,148 +8% |
| 2009 | -- | $55,693 |
| 2008 | -- | $55,693 +3.8% |
| 2007 | -- | $53,665 +8% |
| 2006 | -- | $49,695 +7.4% |
| 2005 | -- | $46,268 +8% |
| 2004 | -- | $42,841 |
| 2003 | -- | $42,841 +3.8% |
| 2002 | -- | $41,281 +8% |
| 2001 | -- | $38,227 +7.4% |
| 2000 | -- | $35,591 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: Wakefield
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