New York City  »  10470  »  E 242nd St  »  721 E 242nd St

721 East 242nd Street, Bronx, NY 10470 - Property report

Also known as: 721 E 242nd St

Property image for 721 East 242nd Street, Bronx, NY 10470
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Property type

Four Families (C3)

Year built

1931

Lot sq. ft.

2,500

General information

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Address
Primary address
721 East 242nd Street
ZIP code
10470
Neighborhood
Wakefield
Borough
Bronx
Block & lot
05115-0014

Owner

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Building
Property type
Four Families (C3)
Building sq. ft.
3,460
Building dimensions
20.5 ft x 84 ft
Buildings on lot
1
Stories
2
Year built
1931
Building material
Stone
Exterior wall
None
Basement
N
Tax
Tax year
2026-2027
Property tax
$18,264
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
4
Residential sq. ft.
Commercial units
0
Office sq. ft.
Retail sq. ft.
Lot
Frontage(s)
East 242 Street (narrow)
Nearest wide street
White Plains Road
Distance to wide street
Lot dimensions
25 ft x 100 ft
Lot sq. ft.
2,500

Area overview

Walk score
80 /100.  Very Walkable
Transit score
85 /100.  Excellent Transit
Bike score
55 /100.  Bikeable
School district
11
Community district
12
Closest police station
1.23 Miles
Closest fire station
0.93 Miles

View more such as transportation, nearby schools and risk designations.

Ownership

Ownership information for 721 East 242nd Street, Bronx, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address
Documents

Sales history for 721 East 242nd Street, Bronx, NY 10470

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
04/16/2015 - R
04/02/2015 - D		 Satisfaction of Mortgage
(2015040800554001)		 XXXXXXXXX XXXXXXX XX XXXXXXX XXX XXX XXXXXXXX XXXXXXX XXX
12/12/2006 - R
11/13/2006 - D		 Satisfaction of Mortgage
(2006112800800001)		 XXXXXXXXX XXXXXXX XXXXX XXXX XXXX
10/18/2006 - R
10/05/2006 - D		 Mortgage
(2006101200616001)		 XXXXXXXXX XXXXXXX XXXX
06/08/2006 - R
04/18/2006 - D		 Deed
(2006041801460001)		 XXXXXXXXXX XXXXX XXXXXXXXX XXXXXXX
12/12/2006 - R
02/11/2004 - D		 Assignment, Mortgage
(2006112800829001)		 XXXXX XXXX XXXX XXXXX XXXXXXX XXXXXXXXXXX
12/15/1998 - R Mortgage
(2790006399779)		 XXXXXXXXX XXXXXXX XXXXX XXXXXXX XXXXXXXXXXX
10/05/1990 - R Assignment, Mortgage
(2590000791559)		 XXXXXX XXXXXXX XXXX XXXXXXX XXXX XX XXXXXX
05/29/1987 - R Satisfaction of Mortgage
(2210000680421)		 XXXXXXXXX XXXXXXX XXXXXXXXXXX XXXXX XXXX
04/13/1987 - R Mortgage
(2110000676111)		 XXXXXXXXX XXXXXXX XXXXXX XXXXXXX XXXXXXX
04/14/1986 - R Assignment, Mortgage
(2050000639005)		 XXXXXXXXXXX XXXXX XXXX XX XXXXXXXX XXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 721 East 242nd Street, Bronx, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2025-2026
Property tax
$18,264
Municipal exemptions
Recent tax assessments
Market value
$700,000
Assessed value
$315,000

More about New York City property taxes

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Taxable amount Tax rate Base tax Property tax Y-o-Y change
2025/26 $707,000 $318,150 $136,219 12.439% $16,944 $16,944 +7.22%
2024/25 $649,200 $292,140 $126,432 12.5% $15,804 $15,804 -0.02%
2023/24 $541,000 $243,450 $126,432 12.502% $15,807 $15,807 +5.64%
2022/23 $451,000 $202,950 $121,976 12.267% $14,963 $14,963 +8.28%
2021/22 $397,000 $178,650 $112,944 12.235% $13,819 $13,819 +7.51%
2020/21 $435,000 $195,750 $104,784 12.267% $12,854 $12,854 +5.96%
2019/20 $434,000 $195,300 $97,255 12.473% $12,131 $12,131 -1.10%
2018/19 $464,000 $208,800 $97,255 12.612% $12,266 $12,266 +2.78%
2017/18 $418,000 $188,100 $93,828 12.719% $11,934 $11,934 +6.55%
2016/17 $379,000 $170,550 $86,880 12.892% $11,201 $11,201 +7.86%
Permits

Permit information for 721 East 242nd Street, Bronx, NY

No recently recorded permits for this property.

More about New York City property records

Violations

HPD Violations

Violation ID Inspection date Class NOV issue date Status
11/18/2025 I
06/05/2025 A
11/25/2024 I

*Most recent HPD violations on record for this property.

Neighborhood

Woodlawn, Wakefield residential market stats

Access a detailed real estate market overview of Woodlawn, Wakefield so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Woodlawn, Wakefield and compare it to other neighborhoods in Bronx.

Median sale price

—

Median price/sq. ft.

—

Bronx median sale price

$352,500

13.7% Y-o-Y

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Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
White Plains Rd & 241st St at NE Corner
Station lines
2-5
Distance (miles)
0.176
View subway map

Access the detailed traffic volume map for 721 East 242nd Street, Bronx, NY 10470 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity. View daily traffic map

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Matilda Avenue School (The) 4 Yes Public K-5 237 0.41
Grimes School 4 No Public K-8 411 0.36
P.S. 16 Wakefield 3 No Public PK, K-5 313 0.40
P.S. 16 Wakefield 3 No Public PK, K-5 313 0.40
Hamilton School 5 No Public K-8 354 0.53
Bronx Charter School For Excellence 4 8 No Charter K-5 338 0.58
St Francis Of Assisi School NR No Private PK-8 444 0.62
St Francis Of Assisi School NR No Private PK-8 444 0.62
Fortress Christian Academy NR No Private K-12 0 0.62
Emmanuel Children's Mission School NR No Private PK, K-8 327 0.63
Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Leaders of Tomorrow 4 Yes Public 6-8 387 1.84
North Bronx School of Empowerment 3 Yes Public 6-8 370 1.84
Grimes School 4 No Public K-8 411 0.36
Hamilton School 5 No Public K-8 354 0.53
Denzel Washington School-Arts 6 No Public 6-12 383 0.61
St Francis Of Assisi School NR No Private PK-8 444 0.62
Fortress Christian Academy NR No Private K-12 0 0.62
Emmanuel Children's Mission School NR No Private PK, K-8 327 0.63
Emmanuel Children's Mission School NR No Private PK, K-8 0 0.66
Amani Public Charter School 6 No Charter 5-8 332 0.72
Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Denzel Washington School-Arts 6 No Public 6-12 383 0.61
Fortress Christian Academy NR No Private K-12 0 0.62
Yonkers Montessori Academy 4 No Public PK, K-12 1,261 0.74
Nelson R Mandela/DR Hosea Zollicoffer High School NR No Public 9-12 80 1.09
Mount Vernon STEAM Academy NR No Public 9-12 756 1.09
Rebecca Turner Academy 5 No Public 9-12 218 1.13
St Barnabas High School NR No Private 9-12 217 1.14
Cardinal Spellman High School NR No Private 9-12 1,205 1.17
Mount St Michael Academy NR No Private 6-12 733 1.17
Academy for Scholarship and Entreneurship 3 No Public 9-12 398 1.24

Data provided by GreatSchools.org © 2026. All rights reserved.

Neighbors for 721 East 242nd Street, Bronx, NY

743 E 243rd St, Bronx 729 E 242nd St, Bronx 735 E 242nd St, Bronx 715 E 242nd St, Bronx 712 E 243rd St, Bronx 4781 Barnes Ave, Bronx 741 E 243rd St, Bronx 707 E 242nd St, Bronx 731 E 242nd St, Bronx 4783 Barnes Ave, Bronx 720 E 243rd St, Bronx 4779 Barnes Ave, Bronx 717 E 242nd St, Bronx 710 E 243rd St, Bronx 727 E 242nd St, Bronx 4775 Barnes Ave, Bronx 4777 Barnes Ave, Bronx 719 E 242nd St, Bronx 740 E 243rd St, Bronx 4773 Barnes Ave, Bronx

Nearby ZIP codes for 721 East 242nd Street, Bronx, NY

10457, New York City, NY 10458, New York City, NY 10460, New York City, NY 10461, New York City, NY 10462, New York City, NY 10463, New York City, NY 10466, New York City, NY 10467, New York City, NY 10468, New York City, NY 10469, New York City, NY 10471, New York City, NY 10550, Westchester County, NY 10552, Westchester County, NY 10553, Westchester County, NY 10701, Westchester County, NY 10704, Westchester County, NY 10705, Westchester County, NY 10708, Westchester County, NY 10803, Westchester County, NY

Frequently asked questions

What is the year built for 721 East 242nd Street, Bronx, NY 10470?

The development at 721 East 242nd Street, Bronx, NY 10470 was built in 1931.

What is the total square footage of 721 East 242nd Street, Bronx, NY 10470?

721 East 242nd Street, Bronx, NY 10470 has a total of 3,460 square feet.

What is the assessed value of 721 East 242nd Street, Bronx, NY 10470?

721 East 242nd Street, Bronx, NY 10470 is currently assessed at $315,000.

What are the property taxes for 721 East 242nd Street, Bronx, NY 10470?

The property taxes for 721 East 242nd Street, Bronx, NY 10470 total $18,263.

How many residential units does this building have?

This building has 4 residential unit(s).

Disclaimer

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