Free-Market Multifamily Building
1039 Elder Ave Imperial Beach, CA 91932
1039 Elder Ave, Imperial Beach, CA, 91932
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For Sale
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Five free-market multifamily buildings with 21 three-bedroom apartments in a R6 zoning area with protected tax status.
Property Size16,080 SF
Days on Market102
Property Features for 1039 Elder Ave
General Information
- Standard status
- Active
- Size
- 16,080 SF
- Property subtype
- Multifamily
Listing agency
Ariel Property Advisors
(212) 544-9500
Listed by
Jason Gold · License #NY 10301214771
Source
Crexi
Added: Apr 12 Updated: Jul 21 at 10:59PM Checked: Jul 21 at 10:59PM
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Investment Insights
Based on property information with market context.
The Elder & Fteley Portfolio offers a package of five free-market multifamily buildings totaling 21 residential apartments and approximately 16,080 gross square feet. The portfolio includes one 5-unit building and four 4-unit buildings, with all apartments described as spacious three-bedroom residences.
The buildings are positioned in the Soundview section of the South Bronx along Elder & Fteley Avenue, with easy access to the Bruckner Expressway, Robert F. Kennedy Bridge, Route 278, and the Bronx River Parkway. The portfolio is also described as steps from the 6 subway train.
As described by the seller, the portfolio benefits from protected tax class 2A and favorable R6 zoning, which offers roughly 12,000 buildable square feet of air rights.
The buildings are positioned in the Soundview section of the South Bronx along Elder & Fteley Avenue, with easy access to the Bruckner Expressway, Robert F. Kennedy Bridge, Route 278, and the Bronx River Parkway. The portfolio is also described as steps from the 6 subway train.
As described by the seller, the portfolio benefits from protected tax class 2A and favorable R6 zoning, which offers roughly 12,000 buildable square feet of air rights.
Key Highlights
- Package of 5 free‑market multifamily buildings totaling 21 residential apartments and 16,080 SF
- One 5‑unit building plus four 4‑unit buildings (total 22 units stated) with all apartments listed as 3‑bedroom units
- Protected Tax Class 2A and R6 zoning
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
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FAQs
What type of property is this?
Apartment building - Five free-market multifamily buildings with 21 three-bedroom apartments in a R6 zoning area with protected tax status.
Where is this apartment building located?
The property is located at 1039 Elder Ave Imperial Beach, CA.
What are key features of this property?
This property features: Package of 5 free‑market multifamily buildings totaling 21 residential apartments and 16,080 SF; One 5‑unit building plus four 4‑unit buildings (total 22 units stated) with all apartments listed as 3‑bedroom units; Protected Tax Class 2A and R6 zoning
