49-Unit Apartment
For Sale
Contact for pricing
Pending
1161 Elder Ave The, Bronx, NY 10472
Five-story walk-up property with upgraded roof, boiler, and security systems.
Property Size36,500 SF
Days on Market143
Property Features for 1161 Elder Ave The
General Information
Standard status
Pending
Size
36,500 SF
Elevators
No
Property subtype
Multifamily
Additional Details
Public Transit
Yes
Multifamily Units
49
Building Details
Buildings
1
Stories
5
Construction
walkup
Listing Agency:
Marcus & Millichap Manhattan - Multifamily Group
Listed By:
Seth Glasser · License #NY
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 30 at 4:54AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap Manhattan - Multifamily Group
Investment Insights
Based on property information with market context.
This five-story, 49-unit walk-up apartment building contains 36,500 square feet in the Bronx’s Soundview neighborhood. Recent capital improvements include work to the roof, boiler, and security system. More than 80% of the apartments are subject to preferential rents, providing an important consideration for evaluating the existing rent profile.
The property is positioned near the Elder Avenue Subway Terminal, Soundview Park, Bronx Food Bazaar, Westchester Avenue’s retail corridor, and the Bronx River. Its location off the Westchester Avenue retail strip places the building within an established residential and commercial setting.
The property is positioned near the Elder Avenue Subway Terminal, Soundview Park, Bronx Food Bazaar, Westchester Avenue’s retail corridor, and the Bronx River. Its location off the Westchester Avenue retail strip places the building within an established residential and commercial setting.
Key Highlights
- 49‑unit, five‑story walk‑up apartment building
- 36,500 square feet of building area
- Roof, boiler, and security system upgrades completed
Property Analytics
Property Profile
Current Use
Lease Details
49
Residential units
Location Intelligence
Trade Area within ½ mile
2,474
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 - Five-story walk-up property with upgraded roof, boiler, and security systems.
Where is this apartment building located?
The property is located at 1161 Elder Ave The Bronx, NY.
What are key features of this property?
This property features: 49‑unit, five‑story walk‑up apartment building; 36,500 square feet of building area; Roof, boiler, and security system upgrades completed
