NY
Bronx
Bronx
10470
719 E 242nd Street
719 E 242nd Street, Bronx, NY 10470
Share Listing
Listing Type
Multi Family
Listing Status
Active
7
$1,450,000

Home Details for 719 E 242nd Street

Price
$1,450,000
Type
Residential Income
Bedrooms
6
Total Bathrooms
3
Full Bathrooms
3
Year built
1931
Lot size acres
0.0574
County
Bronx
Basement
Finished
MLS Listing#
1047740
Property Description

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!

Property Features
  • Utilities
    • Natural Gas Available
    • Electricity Connected
    • Natural Gas Connected
  • Parking
    • No Garage
    • None
  • Cooling Information
    • Wall/Window Unit(s)
  • Heating Information
    • Natural Gas
  • Water Features
    • Public
  • Basement
    • Finished
School Information
School Information for 719 E 242nd Street, Bronx, NY 10470
Elementary School
Ps 16 Wakefield
Middle School
North Bronx School Of Empowerment
High School
Acad-Scholarship & Entrepreneurship
Listing Courtesy: Keller Williams Realty Group - 914-713-3270
Presented by: Michael A. Brown
The data relating to real estate for sale on this website comes in part from the Internet Data exchange of OneKey MLS. IDX information is 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. Copyright ©2026 OneKey MLS. All Rights Reserved
Fair Housing Notice
Transportation
Check the walk, transit, and bike score for
Neighborhood Market Statistics
See average values in the proximity of this property
Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from OneKey MLS.
EXIT REALTY GROUP
985 Allerton Ave, Bronx, NY 10469
Office
718 319 8500
Request more details
Code: