1038 E 224th Street, Bronx, NY 10466

• 7 beds |
• 4 baths |
• 2,016 sqft

Property Description

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.

Listing Status:

Active

Data Last Updated:

October 6, 2026 at 6:21PM

Listing Office:

EXIT Realty Private Client : 914-222-1000

MLS ID:

1049290

Interior

• General: Storage
• Basement: Partially FinishedSee RemarksWalk-Out Access
• A/C: None
• Heating: Baseboard

Exterior

• Parking: None

Location

• Originating MLS: onekey2
• School District: Contact Agent
• County: Bronx County

Lot

• Zoning: 04870-0055

Utilities

• Utilities: Electricity ConnectedNatural Gas Connected
• Water: Public
• Sewer: Public Sewer

Financial

• Source: onekey2