$9,263

closing credit¹

408 E 240th St Bronx, NY 10470

$780,000
4 beds
2 full
0.06 acres
Multi-Family

Property details

About 408 E 240th St

An incredible opportunity to own a spacious 2-unit multifamily home in a prime Bronx location! Whether you're looking for an investment property or a home with rental income potential, this property has so much to offer. The first unit’s kitchen appliances will be updated soon, adding even more value. A standout feature of this home is the huge basement, perfect for entertaining, extra storage, or even additional living space. Conveniently located near shopping, schools, parks, and public transportation, this property provides easy access to everything you need. Don’t miss out on this fantastic opportunity—schedule a showing today!

Highlights

Home typeDuplex
HeatingOther
StatusActive
CoolingWall/Window Unit(s)
BasementYes
Lot size0.0574 Acres
Year built1920
MLS #820242

Summary

  • MLS Number: 820242
  • MLS Name: ONEKEY2
  • Office Name: eXp Realty
  • Office Phone: (888) 276-0630

IDX Listings courtesy of OneKey MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

IDXThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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.

Information Copyright 2025, OneKey™ MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 2/8/2025, 10:11:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

view of front facade with covered porch

$780,000

408 E 240th St

$9,263

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$31,536$4,992
2023$41,880$4,992
2021$33,840$4,625
2020$36,240$4,370
2018$26,280$4,120
2017$24,943$1,581

History based on county public records data.

Nearby schools

3

P.S. 16 Wakefield School

Public District KG-5

0.6 mi

4550 Carpenter Ave

5

The Matilda Avenue School

Public District KG-2

0.6 mi

4520 Matilda Ave

6

P.S. 103 Hector Fontanez School

Public District KG-5

0.6 mi

4125 Carpenter Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $84,143. Most Bronx, NY residents have annual incomes between $35k-100k. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

16%
<35k
51%
35k-100k
28%
100k-200k
5%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

70%
Single, No Kids
5%
Single, with Kids
16%
Married, No Kids
9%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

9%
<11 yrs old
4%
12-17 yrs old
26%
18-34 yrs old
38%
35-64 yrs old
23%
65+ yrs old

What do the neighbors do for fun?

  • Art MuseumsArt Museums
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Men's TennisMen's Tennis

Where do the neighbors shop?

  • BloomingdalesBloomingdales
  • Banana RepublicBanana Republic
  • Nordstrom RackNordstrom Rack

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • Jack In The BoxJack In The Box
  • The Cheesecake FactoryThe Cheesecake Factory

What do the neighbors drive?

  • AudiAudi
  • ToyotaToyota
  • VolvoVolvo

What do the neighbors listen to?

  • NewsNews
  • JazzJazz
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 408 E 240th St in Bronx, NY and zip code 10470 in the Northeast Bronx neighborhood. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 5, 2025 and is currently priced at $780,000.

Between December and January 2025, Bronx, NY real estate market has seen decrease in the number of listings by 2%. In January 2025, listings were on the market for 150 days. During the same period, the median list price in this real estate market was $592,110.

From Rocket Homes Real Estate and based on county public records data.

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