About This Home

This 6-bedroom, 3-bathroom multi-family at 719 E 242nd Street in Bronx, NY is listed for $1,350,000. Built in 1931, on a 0.06 acres lot.

Key Features

  • Built in 1931
  • 0.06 acre lot

Property Details

3 full
1931

Amenities

A/C
Listing 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!

Monthly Cost Estimate

$7,220/mo

20% down · 6.5% · 30 years

Principal$976
Interest$5,850
Insurance$394

Estimates only. Actual payments may vary.

Location

719 E 242nd Street

Bronx, NY 10470

Features & Amenities

Interior Features

First Floor BedroomFirst Floor Full Bath

Property Details

Construction

Brick

Heating

Natural Gas

Cooling

Wall/Window Unit(s)Window Unit(s)

Questions & Answers

This 6-bedroom, 3-bathroom multi-family at 719 E 242nd Street is listed at $1,350,000. The estimated monthly payment is $7,220 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1931, 0.06 acre lot. Interior Features: First Floor Bedroom, First Floor Full Bath.

This property is listed by Michael A. Brown.

MB

Michael A. Brown

Agent at Keller Williams Realty Group

Listed by Keller Williams Realty Group · Broker phone: (914) 713-3270 · View on Broker Site

MLS# 1047740· Source: OneKey MLS· 53 days on PropertySimple

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

719 E 242nd Street, Bronx, NY 10470

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