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1038 E 224 StreetBronx, NY 10466

For Sale

$1,354,000

Smart Buyer Rebate $16,925

Fully renovated detached brick 3 family in the Wakefield section. This home features a vacant renovated 4 bedroom on the 1st floor with a one bedroom and a studio apt on the 2nd floor.
This home is perfect for either an owner occupant needing 4 bedrooms, while collecting rent from the studio and 1 bedroom, or an investor who can rent the 4 bedroom for $4111. The large finished basement is an additional feature. As per the C/O the basement is an accessory to the dwelling, and it allows for a summer kitchen, providing an owner occupant or investor additional uses for this space. The home is near all major transportation including the #2 and #5 train station.

Listed by Kenneth Fuentes

·

Keller Williams Realty NYC Grp

·

718-697-6800

Last updated August 12, 2025

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Source: OneKey #887992

Listing Facts

  • TypeMulti-family
  • NeighborhoodWakefield
  • Bedrooms5
  • Bathrooms3
  • Days on Prevu57
  • Taxes$7,028.16/year

Location

Mortgage Calculator

Listing History

08/11/2025
Status changed to Active
$1,354,000
08/11/2025
Status changed to Expired
$1,354,000
08/03/2025
Price Decreased
$1,354,000
07/11/2025
Listed by Keller Williams Realty NYC Grp
$1,399,000

Estimated Closing Costs

Total
$49,984
Attorney Fees
$4,000
NYC Mansion Tax
$13,540
Title Insurance
$6,093
Bank Attorney
$1,500
Mortgage Recording Tax
$20,851
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $1,354,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 1038 E 224 Street

Exterior

Construction

  • Number Of Units Total: 3
  • Year Built: 1940
  • Construction Materials: Brick

Measurements

  • Building Area Total: 2,016
  • Building Area Units: Square Feet
  • Lot Size Acres: 0.06
  • Lot Size Square Feet: 2,736

Financial

Taxes

  • Parcel Number: 04870-0055
  • Tax Annual Amount: $7,028.16
  • Tax Assessed Value: $49,740.00
  • Tax Year: 2025

Interior

Features

  • Interior Features: Other

Rooms

  • Basement: Finished, Full
  • Has Basement: Yes
  • Bathrooms Full: 3
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 5

Utilities

Equipment

  • Cooling: Wall/Window Unit(s)
  • Heating: Oil, Other
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Water Source: Public

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Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.