22-Unit Apartment Building
For Sale
$2,850,000
1209-1215 Elder Ave The, Bronx, NY 10472
Five-story multifamily buildings offer three-bedroom apartments, rear yards, updated lighting, and air conditioning.
Property Size32,400 SF
Days on Market41
Property Features for 1209-1215 Elder Ave The
General Information
Standard status
Active
Size
32,400 SF
Property subtype
Commercial
Zoning
C4-2 (R6 Equivalent)
Units
Unit Mix
22 x 3BR
Multifamily Units
22
Additional Details
Cap Rate
12.75%
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$54,296
Amenities
large rear yards
A/C
Building Details
Building Size
32,400 SF
Year Built
1913
Stories
5
Units
22
Listing Agency:
All Island Estates Realty Corp
(516) 279-8828
Listed By:
Richard Matt Shane · License #10301216230
(516) 279-8828
Source:
Elliman
Added: Jul 21
Changed: Aug 29
Last Checked: Aug 29 at 2:07PM
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 apartment-building package in The Bronx contains 22 three-bedroom apartments across five stories. Property features include 9-foot ceilings, rear yards, LED lighting, 3-phase power, and air conditioning. The buildings are zoned C4-2, identified in the source as equivalent to R6, and were constructed in 1913.
The property is situated just off Westchester Avenue, between the Bronx River Pkwy., I-95, I-278, and Sheridan Blvd. Nearby commercial names include Chase Bank, CVS, Dunkin’, CityMD, Shell, BP Gas, Foot Locker, McDonald’s, Burger King, and Extra Space Storage. Walkability and transportation scores are 80 and 100, respectively, while the bike score is 74.
The property is situated just off Westchester Avenue, between the Bronx River Pkwy., I-95, I-278, and Sheridan Blvd. Nearby commercial names include Chase Bank, CVS, Dunkin’, CityMD, Shell, BP Gas, Foot Locker, McDonald’s, Burger King, and Extra Space Storage. Walkability and transportation scores are 80 and 100, respectively, while the bike score is 74.
Key Highlights
- 22 three‑bedroom apartments in a five‑story apartment‑building package
- 12.75 cap rate
- C4‑2 zoning, identified as equivalent to R6
Property Analytics
Current Use
Lease Details
22
Residential units
Yes
Highway access
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 multifamily buildings offer three-bedroom apartments, rear yards, updated lighting, and air conditioning.
Where is this apartment building located?
The property is located at 1209-1215 Elder Ave The Bronx, NY.
What is the asking price?
The asking price for this property is $2,850,000.
What are key features of this property?
This property features: 22 three‑bedroom apartments in a five‑story apartment‑building package; 12.75 cap rate; C4‑2 zoning, identified as equivalent to R6
