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5-Unit Apartment Building
For Sale
$1,350,000

1035 Elder Avenue, Bronx, NY 10472

Commercial Sale, Bronx, NY

Property SizeContact for details
Lot Size0.06 Acres
Days on Market17

Property Features for 1035 Elder Avenue

General Information

Property type Commercial Sale
Property subtype Other
Rooms Basement
Basement Finished
Appliances Gas Water Heater
Lot features Near Public Transit, Near School, Near Shops
Elementary school Contact Agent
Middle school Call Listing Agent
High school Contact Agent
Elementary school district Bronx 8
Middle school district Bronx 8
High school district Bronx 8
Standard status Active
APN 03713-0051
Lot size 0.06 Acres

Taxes and HOA fees

Tax Year 2021
Tax Annual Amount 10006

Utilities

Sewer type Public Sewer
Heating system Oil
Cooling system Wall/Window Unit(s), Window Unit(s)
Water source Public

Building Details

Year built 1928
Floors in Building 2
Number of units 5
Flooring type Hardwood
Building materials Brick
Listing Agency: RE/MAX In The City · RE/MAX International
Listed By: Ronald A. Echavarria · License #10991213113
Added: Sep 15 Changed: Sep 29 Last Checked: Oct 1 at 6:06PM
MLS# 1056269

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This brick apartment property contains five units across two levels. The mix includes two one-bedroom apartments and three two-bedroom apartments, each described with one bathroom. The ground-level apartment has a separate side entrance and 10-inch ceilings. One two-bedroom unit has recently renovated floors. The building dates to 1928 and occupies a 0.0574-acre lot.

The property has five electric meters, oil heating, and public water and sewer service. Hardwood flooring and wall or window unit cooling are also listed.

Key Highlights

  • Five apartments: two one‑bedroom units and three two‑bedroom units, each with one bathroom
  • Brick building constructed in 1928 on a 0.0574‑acre lot
  • Ground‑level unit has a separate side entrance and 10‑inch ceilings

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Gym & Fitness Center Dental Office Skin Care Clinic Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

2,389
Businesses Nearby

Demographics for 10472, NY

72,245
Population
24,259
Households
3
Avg Household Size
34
Median Age
14%
College-Educated
69%
High-School Grad
1.1 sq mi
ZIP Area
65,677
Density / Sq Mi
$43,125
Median Household Income
$35,180
Median Earnings
$1,445
Median Rent
$632,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Brick construction houses five apartments across two levels, with a separate side entrance for the ground-level unit.
Where is this apartment building located?
The property is located at 1035 Elder Avenue Bronx, NY.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Five apartments: two one‑bedroom units and three two‑bedroom units, each with one bathroom; Brick building constructed in 1928 on a 0.0574‑acre lot; Ground‑level unit has a separate side entrance and 10‑inch ceilings
More about this property
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