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22-Unit Apartment Building Package
For Sale
$2,700,000

1209-1215 Elder Avenue, Bronx, NY 10472

Two five-story Bronx buildings offer all three-bedroom apartments, C4-2 zoning, rear yards, and upgraded building systems.

Property Size32,400 SF
Days on Market152

Property Features for 1209-1215 Elder Avenue

General Information

Standard status Active
Size 32,400 SF
Total Parking Spaces 12
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $54,296

Building Details

Building Size 32,400 SF
Year Built 1913
Buildings 2
Stories 5
Units 22
Listing Agency: All Island Estates Realty Corp
Listed By: Richard Matt Shane · License #10301216230
Source: Alexandermadisonhomes
Added: Apr 1 Changed: Aug 29 Last Checked: Aug 29 at 5:17PM

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 All Island Estates Realty Corp

Investment Insights

Based on property information with market context.

This multifamily package comprises two five-story apartment buildings totaling 22 three-bedroom units at 1209-1215 Elder Avenue. The properties were built in 1913 and feature 9-foot ceilings, large rear yards, all-new LED lighting, 3-phase power, and air conditioning. C4-2 zoning is identified for the site, with the source also describing the designation as equivalent to R6 zoning.

The buildings are positioned just off Westchester Avenue in the Park Versailles area of the Bronx. Access is provided by proximity to the Bronx River Parkway, I-95, I-278, and Sheridan Boulevard. The surrounding commercial presence includes banks, telecommunications retailers, self-storage facilities, pharmacies, medical services, restaurants, gas stations, and other national and local businesses.

Key Highlights

  • 22 three‑bedroom apartments across two five‑story buildings
  • C4‑2 zoning, identified as equivalent to R6 zoning
  • 9‑foot ceilings and large rear yards

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Gym & Fitness Center Dental Office Skin Care Clinic Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,474
Businesses Nearby

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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Two five-story Bronx buildings offer all three-bedroom apartments, C4-2 zoning, rear yards, and upgraded building systems.
Where is this apartment building located?
The property is located at 1209-1215 Elder Avenue Bronx, NY.
What is the asking price?
The asking price for this property is $2,700,000.
What are key features of this property?
This property features: 22 three‑bedroom apartments across two five‑story buildings; C4‑2 zoning, identified as equivalent to R6 zoning; 9‑foot ceilings and large rear yards
More about this property
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