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1038 E 224th StreetBronx, NY 10466

For Sale

$1,248,000

Smart Buyer Rebate $15,600

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

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Keller Williams Realty NYC Grp

·

718-697-6800

Last updated March 16, 2026

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Source: OneKey #971933

Listing Facts

  • TypeMulti-family
  • NeighborhoodWakefield
  • Bedrooms5
  • Bathrooms3
  • Days on Prevu20
  • Taxes$7,360/year

Location

Mortgage Calculator

Listing History

03/15/2026
Listed by Keller Williams Realty NYC Grp
$1,248,000

Estimated Closing Costs

Total
$46,815
Attorney Fees
$4,000
NYC Mansion Tax
$12,480
Title Insurance
$5,616
Bank Attorney
$1,500
Mortgage Recording Tax
$19,219
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $1,248,000 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 224th 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: $7,360.00
  • Tax Assessed Value: $49,740.00
  • Tax Year: 2026

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 224th Street.

What are the annual taxes for 1038 E 224th Street?

Annual taxes for this multi-family home are estimated at $7,360.

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

This multi-family home is listed 34% above the average price for multi-family homes in Wakefield and has been on the market for 61 less days than the typical home in this area.

1038 E 224th Street is a 5-bedroom, 3-bath multi-family home for sale in Bronx NY 10466. On Prevu for 20 days at $1,248,000. 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 2026, 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.