735 East 242nd Street, Bronx, NY 10470
The 63-unit cooperative building at 735 East 242nd Street in Wakefield, built in 1931 and currently owned by Ved Parkash, has experienced multiple significant issues in recent years, most notably a catastrophic three-alarm fire on June 14, 2023, that severely damaged the center wing of the building and resulted in structural compromise. This fire led to numerous active violations requiring emergency repairs to the roof and ceiling, with the building remaining under significant scrutiny for failing to provide acceptable inspection reports regarding the structural damage.
The building has also faced persistent maintenance challenges, including recurring heat and hot water issues documented through multiple complaints in early 2025, along with pest problems and window-related problems that have required multiple emergency responses from the Department of Housing Preservation and Development. The property has a concerning history of regulatory violations, with multiple instances of inadequate gas supply to kitchen fixtures documented in 2024-2025, along with various maintenance violations including exposed electrical wiring and broken windows. While the building has maintained a mostly pest-free status according to bedbug reporting from 2019 to present, it has struggled with rodent control, as evidenced by multiple failed inspections in 2022-2025.
Inspection records show a pattern of access issues for housing authority inspectors, particularly regarding floor and heating system complaints, though many recent service requests have resulted in no violations being found. The building's violation history includes both Class B and Class C violations, with the most pressing concerns relating to building water systems, electrical safety, and interior maintenance. Despite these persistent issues, recent housing code compliance reports indicate some improvement in specific areas, such as window repairs and pest control measures, though significant work remains outstanding following the 2023 fire damage.
735 East 242nd Street Report Contents
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Sign Up for Free735 East 242nd Street Building Overview
Building Characteristics
Total units | 63 |
---|---|
Year built | 1931 |
Total area | 63750 sq ft |
Floors | 5 |
Tax Abatements | None |
Building Class | HEREAFTER ERECTED CLASS A |

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Key Building Statistics
Included Addresses
- 4801 Barnes Ave, New York, NY 10470
- 4803 Barnes Ave, New York, NY 10470
- 735 East 242nd St, New York, NY 10470
- 737 East 242nd St, New York, NY 10470
- 739 East 242nd St, New York, NY 10470
- 741 East 242nd St, New York, NY 10470
- 743 East 242nd St, New York, NY 10470
- 745 East 242nd St, New York, NY 10470
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