Back 1038 East 224th Street
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1038 East 224th Street

New York NY 10466

7
4
2016 sq. ft.
2736 sq. ft.
Duplex
Currently for sale - view listing

Overview

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.

Features

7 bedrooms
4 bathrooms
2016 sq. ft. floor area
2736 sq. ft. lot size
Duplex

Property history for 1038 East 224th Street

2022
Sold
$780,000
16 Jun 2022 by Errol Lewis, of Keller Williams Realty NYC Grp

Happy sellers in New York

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We have insufficient information to provide an overview of customer satisfaction for New York. Viewing the agent profiles, reviews and sales for New York can provide insights for this location.

Local market activity for 7 bedroom duplexes in New York

In the last 12 months, 8 seven-bedroom duplexes similar to 1038 East 224th Street, have been sold.

This represents a 100% decrease in seven-bedroom duplexes sales when compared to the previous 12 months.

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