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$1,100,000

1038 224 St

Bronx, NY
Active
7
Bedrooms
4
Bathrooms
2,016
Square Feet
0.06
Lot Size (acres)
1940
Year Built
38
Days On Market

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 Information

Listing Updated
09/11/2026
Listed By
Jose J. Flores · EXIT Realty Private Client, 9142221000
MLS#
1049290
Source
OneKey MLS
Status
Active

Facts & Features

Location

Community Information

Address
1038 E 224 St, Bronx, NY 10466
City
Bronx
County
Bronx
Zip Code
10466

Architecture

Bedrooms
7
Bathrooms
4
Year Built
1940
Construction Materials
Brick
Building Area
2,016 sq. ft.
Garage Spaces
0
Parking Features
No Garage, None

Features & Amenities

Interior Features
Storage
Cooling
None
Heating
Baseboard

Property Features

Lot Size
0.06 Acres
Water
Public
Sewer
Public Sewer
Utilities
Natural Gas Available, Natural Gas Connected, Electricity Connected

Square Footage

Total
2,016 sq. ft.

Tax & Financial Information

List Price
$1,100,000
Annual Taxes
$7,449

Schools

99/100
One World Middle School At Edenwald
Middle · Grades 06–08 · 0.6 mi
City
Bronx
Students
327
Student body
61% Black · 32% Hispanic / Latino · 3% Asian
Free/reduced lunch
86%
Phone
(718) 515-6780
98/100
Young Scholars Academy Of The Bronx (The)
Grades 06–08 · 0.5 mi
City
Bronx
Students
289
Student body
69% Black · 26% Hispanic / Latino · 2% White
Free/reduced lunch
76%
Phone
(718) 325-5834
97/100
Ps 21 Philip H Sheridan
Elementary · Grades KG–05 · 0.5 mi
City
Bronx
Students
706
Student body
70% Black · 25% Hispanic / Latino · 2% American Indian / Alaska Native
Free/reduced lunch
86%
Phone
(718) 652-3903
72/100
Globe School For Environmental Research
Grades M–M · 0.5 mi
City
Bronx
Students
194
Student–teacher
10.7
Student body
65% Black · 28% Hispanic / Latino · 3% Asian
Free/reduced lunch
93%
Phone
(718) 994-1395
70/100
Academy-Scholarship & Entrepreneurship
High · Grades 09–12 · 0.3 mi
City
Bronx
Students
362
Parent reviews
4.3★ avg · 6 reviews
Student body
64% Black · 30% Hispanic / Latino · 3% White
Free/reduced lunch
85%
Phone
(718) 696-3840
64/100
Baychester Middle School
Middle · Grades 06–08 · 0.6 mi
City
Bronx
Students
267
Parent reviews
4.0★ avg · 2 reviews
Student body
57% Black · 35% Hispanic / Latino · 5% American Indian / Alaska Native
Free/reduced lunch
86%
Phone
(718) 547-1890
52/100
Leaders Of Tomorrow
Middle · Grades 06–08 · 0.5 mi
City
Bronx
Students
382
Student body
49% Hispanic / Latino · 45% Black · 2% American Indian / Alaska Native
Free/reduced lunch
87%
Phone
(718) 994-1028
51/100
North Bronx School Of Empowerment
Middle · Grades 06–08 · 0.5 mi
City
Bronx
Students
515
Student body
54% Black · 38% Hispanic / Latino · 3% White
Free/reduced lunch
87%
Phone
(718) 652-0519

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
09/10/2026Listed for sale$1,100,000

Listed by Jose J. Flores · EXIT Realty Private Client · 9142221000

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: September 11, 2026 at 7:33 PM | Source: OneKey MLS | MLS#: 1049290

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