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    1265 Elder Ave Bronx, NY 10472

    New
    For Sale
    $2,900,000

    Multi-Unit (5+) - Bronx, NY

    Days on Market:
    3
    Last Refresh:
    Dec 5 at 9:06 pm

    Property Features for 1265 Elder Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    100
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Kitchen
    Bathrooms
    8
    Parking features
    Garage
    Basement Y/N
    1

    Utilities

    Heating system
    Electric (Heating)

    Building Details

    Floors in Building
    3
    Flooring type
    Hardwood
    Building materials
    Brick
    Architectural style
    Other

    Adroit Property Group LLC (646) 300-8720

    Listing agent Mikhail Rybinskov (646) 300-8720

    Listing date Dec 3, 2025

    MLS# 11614062 Listing URL

    Copyright © 2025 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated 8-Unit Multifamily Building

    This is a fully renovated and newly converted free-market, tax-protected 8-unit residential building located in the Bronx. The turnkey asset is delivered vacant and ready for immediate lease-up. Each unit has been gut renovated with modern finishes, offering strong rent potential and minimal maintenance. Tenants are responsible for their own electric and heating, which keeps operating expenses low. The property also features a convenient lift providing access from the ground floor to the basement. This free-market, tax-protected, fully updated multifamily opportunity is ideal for investors seeking stable cash flow and a hassle-free asset.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bronx
    County
    Bronx
    State
    New York
    Longitude
    -73.879907
    Latitude
    40.83071

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    FAQs

    What type of property is this?
    Apartment building - Fully renovated, free-market, tax-protected 8-unit building in the Bronx.
    Where is this apartment building located?
    The property is located at 1265 Elder Ave Bronx, NY.
    What is the asking price?
    The asking price for this property is $2,900,000.
    What are key features of this property?
    This property features: - Fully renovated 8-unit building ready for immediate lease-up; - Free-market and tax-protected status; - Modern finishes in each unit with strong rent potential
    (646) 300-8720
    Request Owner's contact information
    1265 Elder Ave Bronx, NY 10472
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1265 Elder Ave Bronx, NY 10472
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