Renovated 8-Unit Apartment
For Sale
$2,800,000
1265 Elder Avenue, Bronx, NY 10472
Commercial Sale, Bronx, NY
Property SizeContact for details
Lot Size0.06 Acres
Days on Market12
Property Features for 1265 Elder Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
R6
Basement
Finished
Appliances
Electric Range, Electric Water Heater, Refrigerator
Subdivision
Park Versailles-Bronx River
Elementary school district
Bronx 12
Middle school district
Bronx 12
High school district
Bronx 12
Standard status
Active
APN
03772-0040
Lot size
0.06 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
6993
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Ductless, Electric, Central Air
Water source
Public
Amenities
parking
Building Details
Year built
1935
Number of units
8
Flooring type
Hardwood
Building materials
Brick
Listing Agency:
Real Broker NY LLC
(855) 450-0442
Listed By:
Shpresa Camaj
(917) 645-6629
Added: Aug 11
Changed: Aug 20
Last Checked: Aug 22 at 2:06AM
MLS# 1037411
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 legal multifamily property contains 8 renovated free-market apartments, including 7 studios and 1 one-bedroom residence. Improvements include new finishes and systems, hardwood flooring, brick construction, electric service, and ductless mini-split heating and cooling. Each apartment has a dedicated electric water heater, while the building contains 8 water heaters and 9 electric meters. Tenants pay their own electric, heating, air-conditioning, and hot-water costs.
Rear parking is accessible through a shared driveway, and the property is located in the Soundview/Parkchester area of the Bronx. The building is fully occupied and served by public water and public sewer. Built in 1935, the property sits on 0.0574 acres and carries R6 zoning.
Rear parking is accessible through a shared driveway, and the property is located in the Soundview/Parkchester area of the Bronx. The building is fully occupied and served by public water and public sewer. Built in 1935, the property sits on 0.0574 acres and carries R6 zoning.
Key Highlights
- 8‑unit building with 7 studios and 1 one‑bedroom apartment
- Fully renovated and fully occupied free‑market units
- 8 water heaters and 9 electric meters
Property Analytics
Property Profile
Current Use
Lease Details
8
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
2,619
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Fully occupied free-market apartments feature electric mini-split systems and tenant-paid utilities.
Where is this apartment building located?
The property is located at 1265 Elder Avenue Bronx, NY.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: 8‑unit building with 7 studios and 1 one‑bedroom apartment; Fully renovated and fully occupied free‑market units; 8 water heaters and 9 electric meters
