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1038 E 224th Street, Bronx, NY, 10466

5beds
3baths
2,016sqft
$1,099,000
$545price/sqft
$7,086/moest. monthly cost
$283,440/yrincome needed

About This Home

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

Getting Around

82
WalkingVery Walkable
0
TransitVery Limited Transit
82
BikeVery Bikeable

Schools

4/10
Ps 78 Anne HutchinsonGrades PK-50.4 mi
6/10
Jhs 144 MichelangeloGrades 6-81.5 mi
1/10

Construction

Condition

  • Year built: 1940

Materials

  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Property subType: Triplex,Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Finished,Full

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Other

Heating & Cooling

  • Heating features: Oil,Other
  • Cooling features: Wall/Window Unit(s)

Interior Area

  • Total structure area: 2,016
  • Total interior livable area: 2,016 sqft

Property

Details

  • Parcel number: 048700055
  • Special condition: None

Lot

  • Lot size: 2,736 sqft

Parking

  • Parking features: None

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveRelatively High
  • Cold Wave
    Cold WaveModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Cold Wave
Strong Wind
Winter Weather
Tsunami

FEMA Declared Disasters in Bronx County and New York

Flood
Severe Storm
Snowstorm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $5,557$66,684
Home Insurance *$482$5,784
Property Taxes $714$8,568
Electricity $333$3,997
Total$7,086$85,032
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$242,948/yr
40% on housing$212,580/yr
45% on housing$188,960/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 3.3%
3.3%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -0.5%
-0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$545This listing

vs Other Active Listings

Avg $/sqft

ZIP 10466$436
Bronx County$399

vs Homes Sold Last Month

Median $/sqft

ZIP 10466$369
Bronx County$409

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-03-16Listed for sale$1,248,000
2026-03-05Listing removed$1,294,500
2026-01-30Price change$1,294,500
2025-09-15Price change$1,298,500
2025-08-03Price change$1,354,000
2025-07-11Listed for sale$1,399,000
2022-06-16Sold$780,000
2021-08-19Pending sale$839,000
2020-02-01Listing removed$725,000
2019-11-07Listed for sale$725,000

For Sale by Agent

AgentKenneth Fuentes
BrokerageKeller Williams Realty NYC Grp

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