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2238 Light St, Bronx, NY, 10466

10beds
4baths
0sqft
$1,400,000
--price/sqft
$8,849/moest. monthly cost
$353,960/yrincome needed

About This Home

2238 Light Street | Fully Renovated 4-Unit Corner Property Welcome to 2238 Light Street — a beautifully updated, income-producing four-unit corner property ideally located in a vibrant and highly walkable neighborhood. Situated just steps from public transportation, grocery stores, restaurants, cafes, and local shopping, this property offers both convenience and strong long-term rental appeal. This well-maintained 3-story multifamily building spans approximately 3,000 square feet and sits on a 0.05-acre corner lot. Originally built around 1920, the property has been thoughtfully renovated throughout, blending classic character with modern upgrades designed to attract quality tenants and maximize occupancy. The building features large windows in each apartment, creating bright, airy living spaces filled with natural sunlight. The corner-lot positioning enhances privacy, light exposure, and curb appeal, making the property stand out from surrounding buildings. Property Highlights - Fully renovated 4-unit multifamily property - Prime corner-lot location - Renovated kitchens and bathrooms throughout - Individual split-unit heating and air conditioning systems in every unit - Spacious layouts with excellent natural light - Strong rental demand area - Ideal opportunity for investors or owner-occupants - Convenient access to transportation, shopping, restaurants, and neighborhood amenities - Turnkey asset with modern upgrades already completed Unit Breakdown: Apartment 1 - 1 Bedroom / 1 Bathroom - Newly renovated kitchen and bathroom - Bright and efficient layout with oversized windows Apartment 2 - 1 Bedroom / 1 Bathroom - Newly renovated kitchen and bathroom - Large private backyard perfect for entertaining, relaxing, or outdoor dining Apartments 3 & 4 - 4 Bedrooms / 1 Bathroom each - Newly renovated kitchens and bathrooms - Spacious layouts ideal for larger households or maximizing rental income potential - Excellent natural light throughout 2238 Light Street presents a rare opportunity to acquire a turnkey multifamily property with significant income potential in a desirable and growing location. Whether you are an investor seeking strong cash flow and long-term appreciation or an owner-occupant looking to offset living expenses with rental income, this property checks every box.

Getting Around

85
WalkingVery Walkable
0
TransitVery Limited Transit
57
BikeBikeable

Schools

5/10
Baychester Middle SchoolGrades 6-80.5 mi
2/10

Construction

Condition

  • Year built: 1920

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Laundry features: Inside

Bedrooms & Bathrooms

  • Bedrooms: 10
  • Bathrooms: 4
  • Full bathrooms: 4

Cooling

  • Cooling features: Central Air

Features

  • Flooring: Hardwood

Interior Area

  • Total structure area: 0

Property

Accessibility

  • Accessibility features: Wheelchair Access

Details

  • Parcel number: 049500045
  • Special condition: Resale

Features

  • Patio & porch: Other
  • Exterior features: Courtyard

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

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

How This Home’s Risks Compare

Cold Wave
Heat 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 $7,079$84,948
Home Insurance *$614$7,368
Property Taxes $910$10,920
Electricity $246$2,954
Total$8,849$106,188
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$303,394/yr
40% on housing$265,470/yr
45% on housing$235,973/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

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 10466$433
Bronx County$398

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
2026-05-08Listed for sale$1,400,000
2021-03-24Listing removed--
2018-05-15Sold$615,000
2018-04-23Pending sale$739,000
2018-04-15Price change$739,000
2018-04-13Listed for sale$745,000
2000-05-22Sold$180,000

For Sale by Agent

AgentRalph Safdie
BrokerageSafdie Realty Group

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