# 719 E 242nd Street, Bronx, NY 10470 > **TL;DR:** 6bd/3ba multi-family, $1,350,000, built 1931. > A/C. Est. $7,220/mo. Listed 54 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $1,350,000 | | Bedrooms | 6 | | Bathrooms | 3 full | | Year Built | 1931 | | Lot Size | 2,500 sqft (0.06 acres) | | Property Type | Multi-Family (Quadruplex) | | Status | Active | | Days on Market | 54 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $6,826 | | Estimated Insurance | $394 | | **Total** | **$7,220** | ## Nearby Schools - **Elementary:** Ps 16 Wakefield - **Middle:** North Bronx School Of Empowerment - **High:** Acad-Scholarship & Entrepreneurship ## Key Amenities - A/C ## Property Highlights - Built in 1931 - 0.06 acre lot ## Description ### Agent 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! ## Location - **Address:** 719 E 242nd Street, Bronx, NY 10470 - **County:** Bronx County - **Coordinates:** 40.90572, -73.848477 - **Google Maps:** https://www.google.com/maps?q=40.90572,-73.848477 ## Listing Agent - **Name:** Michael A. Brown - **Brokerage:** Keller Williams Realty Group - **Broker Phone:** (914) 713-3270 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/719-E-242nd-St_Bronx_NY_10470_M30161-75962?f=listhub&s=MLSLINY&m=1047740&c=propsimple) ## Photos ![719 E 242nd Street - Photo 1](http://lh.rdcpix.com/bce2eaa1ead2b2fe5b674c0e116850f9l-f2289499390r.jpg) ![719 E 242nd Street - Photo 2](http://lh.rdcpix.com/bce2eaa1ead2b2fe5b674c0e116850f9l-f1606695392r.jpg) ![719 E 242nd Street - Photo 3](http://lh.rdcpix.com/bce2eaa1ead2b2fe5b674c0e116850f9l-f1081425624r.jpg) ![719 E 242nd Street - Photo 4](http://lh.rdcpix.com/bce2eaa1ead2b2fe5b674c0e116850f9l-f966094080r.jpg) ![719 E 242nd Street - Photo 5](http://lh.rdcpix.com/bce2eaa1ead2b2fe5b674c0e116850f9l-f2243436415r.jpg) ![719 E 242nd Street - Photo 6](http://lh.rdcpix.com/bce2eaa1ead2b2fe5b674c0e116850f9l-f1055559498r.jpg) ![719 E 242nd Street - Photo 7](http://lh.rdcpix.com/bce2eaa1ead2b2fe5b674c0e116850f9l-f142987546r.jpg) --- **MLS#:** 1047740 | **Updated:** 2026-10-29 **Source:** listhub *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.* [View on PropertySimple](https://www.propertysimple.ai/listing/719-e-242nd-street-bronx-ny-10470-264f32fe8c18424089a4f131d7c6aeab) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/719-e-242nd-street-bronx-ny-10470-264f32fe8c18424089a4f131d7c6aeab#listing", "url": "https://www.propertysimple.ai/listing/719-e-242nd-street-bronx-ny-10470-264f32fe8c18424089a4f131d7c6aeab", "name": "719 E 242nd Street, Bronx, NY 10470", "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. 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