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1038 E 224 StreetBronx, NY 10466

For Sale

$1,298,500

Smart Buyer Rebate $16,231

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 November 22, 2025

·

Source: OneKey #887992

Listing Facts

  • TypeMulti-family
  • NeighborhoodWakefield
  • Bedrooms5
  • Bathrooms3
  • Days on Prevu152
  • Taxes$7,028.16/year

Location

Mortgage Calculator

Listing History

11/03/2025
Status changed to Active
$1,298,500
11/01/2025
Status changed to Expired
$1,298,500
09/15/2025
Price Decreased
$1,298,500
09/12/2025
Status changed to Active
$1,354,000
09/12/2025
Status changed to Expired
$1,354,000
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
$48,325
Attorney Fees
$4,000
NYC Mansion Tax
$12,985
Title Insurance
$5,844
Bank Attorney
$1,500
Mortgage Recording Tax
$19,996
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $1,298,500 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

Frequently Asked Questions

How many bedrooms and bathrooms does this multi-family home have?

There are 5 bedrooms and 3 bathrooms in this multi-family home at 1038 E 224 Street.

What are the annual taxes for 1038 E 224 Street?

Annual taxes for this multi-family home are estimated at $7,028.

How does 1038 E 224 Street compare to other multi-family homes in Wakefield?

This multi-family home is listed 40% above the average price for multi-family homes in Wakefield and has been on the market for 71 more days than the typical home in this area.

1038 E 224 Street is a 5-bedroom, 3-bath multi-family home for sale in Bronx NY 10466. Available on Prevu for 152 days at $1,298,500. This includes a recent price decrease of $55,500. This home is located in Wakefield. The median listing price for multi-family homes in this area is $750,000. Browse more multi-family home listings in Bronx.

The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey™ MLS. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. Information Copyright 2025, OneKey™ MLS. All Rights Reserved.

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.