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

1209-1215 Elder Avenue, Bronx, NY 10472

Commercial Sale, Bronx, NY

Property SizeContact for details
Lot Size0.09 Acres
Days on Market145

Property Features for 1209-1215 Elder Avenue

General Information

Property type Commercial Sale
Property subtype Other
Rooms Basement
Parking 12
Parking features On Street
Basement Unfinished
Standard status Active
APN 037720064 /037720062
Lot size 0.09 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 54296

Utilities

Utilities Electricity Available
Sewer type Public Sewer
Heating system Oil
Water source Public

Amenities

high 9' ceilings
all new LED lighting
3 phase power
A/C
large rear yards

Building Details

Year built 1913
Floors in Building 5
Number of units 22
Building materials Block, Frame
Listing Agency: All Island Estates Realty Corp
Listed By: Richard Matt Shane · License #10301216230
Added: Apr 1 Changed: Aug 20 Last Checked: Aug 23 at 4:06PM
MLS# 979716

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.

Investment Insights

Based on property information with market context.

This apartment building package comprises two five-story properties at 1209 and 1215 Elder Avenue, containing 22 three-bedroom apartments. The buildings date to 1913 and feature 9-foot ceilings, rear yards, LED lighting, air conditioning, and three-phase power. Construction materials include block and frame, with oil heating and on-street parking. Basement space is also identified in the property information.

The properties are located just off Westchester Avenue in the Bronx, between the Bronx River Parkway, I-95, I-278, and Sheridan Boulevard. C4-2 zoning is identified for the buildings, and the site is served by public water and public sewer. Electricity is available, while the listed heating system is oil-fired.

Key Highlights

  • 22 three‑bedroom apartments across two five‑story buildings
  • C4‑2 zoning, identified as equivalent to R6 in the property information
  • 9‑foot ceilings, rear yards, LED lighting, air conditioning, and three‑phase power

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.

Lease Details

22
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Two five-story apartment buildings with three-bedroom units, C4-2 zoning, rear yards, and public utilities.
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 in the property information; 9‑foot ceilings, rear yards, LED lighting, air conditioning, and three‑phase power
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message