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957 E 229th Street, Bronx, NY, 10466

6beds
4baths
--sqft
$1,350,000
--price/sqft
$8,541/moest. monthly cost
$341,640/yrincome needed

About This Home

955 & 957 East 229th Street, Bronx, NY house on the Right – New Construction Two-Family Welcome to this brand-new, ground-up construction two-family residence located in the desirable Wakefield section of the Bronx. This modern property offers exceptional versatility for both end-users and investors alike. Each unit features a spacious three-bedroom, two full bathroom layout with thoughtfully designed open living and dining areas, contemporary kitchens, and ample closet space. High-quality finishes, energy-efficient systems, and separate utilities enhance both comfort and long-term value. The property also includes a fully finished basement with a flexible layout, offering the potential for conversion into an accessory dwelling unit (ADU), configured for two bedrooms, two bathrooms, a kitchen, and living area (subject to local approvals). Ideal for extended family use or additional income potential. Property Highlights: New construction – turnkey condition Two (2) 3BR / 2BA units Finished basement with ADU potential (consult architect/municipality) Separate utilities Modern kitchens and baths Generous natural light and functional layouts Location & Accessibility: Conveniently situated near major transportation options, including the 2 and 5 subway lines, as well as multiple MTA bus routes, providing direct access to Manhattan and surrounding boroughs. Close proximity to Metro-North Wakefield station for expedited commuting. Neighborhood Amenities: Located near a variety of local shops, supermarkets, restaurants, and cafes along White Plains Road and Gun Hill Road corridors. Nearby parks and recreational areas include Seton Falls Park and Bronxwood Park, offering green space and outdoor activities. This is an excellent opportunity to own a low-maintenance, income-producing property in a growing Bronx neighborhood. All information deemed reliable but not guaranteed. Buyers are advised to independently verify all information, including potential basement/ADU use and local zoning compliance.

Getting Around

83
WalkingVery Walkable
0
TransitVery Limited Transit
74
BikeVery Bikeable

Schools

6/10
Ps 21 Philip H SheridanGrades K-50.4 mi
2/10
New World High SchoolGrades 9-120.1 mi

Construction

Condition

  • Year built: 2026

Materials

  • Foundation: Other
  • Construction materials: Other

Type & Style

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

Interior

Basement

  • Has basement: Yes
  • Basement: Finished,Full,Walk-Out Access

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • First Floor Bedroom,First Floor Full Bath

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Electric

Property

Details

  • Parcel number: 048650019
  • Attached to another structure: Yes
  • Special condition: None

Features

  • Fencing: Back Yard

Lot

  • Lot size: 5,471 sqft

Parking

  • Total spaces: 2
  • Parking features: Other
  • Carport: Yes
  • Carport spaces: 2

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
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Heat Wave
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 $6,826$81,912
Home Insurance *$592$7,104
Property Taxes $877$10,524
Electricity $246$2,954
Total$8,541$102,492
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$292,834/yr
40% on housing$256,230/yr
45% on housing$227,760/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
2026-07-22Listed for sale$1,350,000

For Sale by Agent

AgentRichard Torres
BrokerageG.C.B International Realty Co.

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