757 Elton Avenue, Bronx, NY 10451
- Added:
- Jun 8, 2026
- Days on Market:
- 12
- Last Refresh:
- Jun 19 at 1:06 pm
Property Features for 757 Elton Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bathroom 1, Bedroom 3, Bathroom 2, Basement, Bathroom 4, Bathroom 3, Bedroom 2, Bedroom 1, Bedroom 5, Bedroom 4, Bedroom 6
- Parking
- 2
- Parking features
- Assigned, Off Street
- Interior features
- Entrance Foyer, Open Kitchen
- Basement
- Finished
- Standard status
- Active
- APN
- 02378-0129
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 6972
Utilities
- Sewer type
- Public Sewer
- Heating system
- Baseboard
- Cooling system
- Window Unit(s), Wall/Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1999
- Number of units
- 3
- Building materials
- Brick
Listing agent Pasquale Castaldo (347) 236-8277
Listing office HomeSmart Homes & Estates 777 Westchester Ave, Montgomery, NY (914) 236-5500
Listing date Jun 8, 2026
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.
HighLights
- Legal three‑family brick home built in 1999 with about 3,036 sq ft of living space on a 2,200 sq ft lot
- Three separate apartments: one 3BR/2BA, one 2BR/1BA, and one 1BR/1BA
- Public utilities: public water and public sewer
- Baseboard heating with wall/window and window A/C units
- Interior includes entrance foyer and an open kitchen layout
- Parking with assigned off‑street spaces
Overview
The property is located at 757 Elton Avenue in the Melrose area of the South Bronx, Bronx, NY 10451. It sits on a 2,200 square foot lot.
For buyers, the unit mix can support a variety of ownership strategies, whether acquiring as a residential income property or occupying one unit while renting the others. The three separate apartment layouts provide clear, independent residential options within a single, legally permitted structure.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $116.6k | $38.40 |
| − Vacancy | −$6.4k | −$2.11 |
| EGI | $110.2k | $36.29 |
| − OpEx | −$33.1k | −$10.89 |
| NOI | $77.1k | $25.40 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Bronx
- County
- Bronx
- State
- New York
- Longitude
- -73.914014
- Latitude
- 40.820858
