660 E 242nd St
Bronx, NY 10470
Multifamily Property For Sale · 60 Units

GFI Realty Services is pleased to present the exclusive offering of 660 East 242nd Street (aka 4765 Richardson Avenue), a corner (6)-story elevator apartment building comprised of 60 units, a super’s basement apartment and an antenna, located in the Wakefield section of the Bronx. The asset was constructed in 1933 and totals 55,650 square-feet. The apartments are configured as thirteen studios, thirty-six (1)-bedroom units and twelve (2)-bedroom units. The property is positioned along a quiet tree-lined block at the intersection of East 242nd Street and Richardson Avenue. The location of the building enjoys immediate access of the commercial strip along White Plains Road. The main drag is occupied by countless well-established mom and pop shops, national retailers, restaurants, supermarkets and a variety of amenities. Wakefield is located in the northernmost section of the Bronx, thus, residents benefit from the convenient access of Downtown Mount Vernon which is home to the Montefiore Mount Vernon Hospital. In addition to the amenities, Wakefield residents are only an hour away from Midtown Manhattan via the 2 and 5 subway lines which are available at the 241st Street station and Nereid Avenue station, respectively. The neighborhood is served by various bus routes and the Metro-North railroad Harlem line. The Bronx River Parkway is also within a few blocks of the property.