Apartment Building with Rear
For Sale
$1,400,000
1209 Elder Avenue, Bronx, NY 10472
Five-story multifamily property with three-bedroom apartments, commercial-grade electrical service, air conditioning, and elevated ceiling heights.
Property Size13,200 SF
Days on Market151
Property Features for 1209 Elder Avenue
General Information
Standard status
Active
Size
13,200 SF
Total Parking Spaces
6
Property subtype
Commercial
Zoning
C42 /R6
Net Operating Income
$173,333
Site & Location
Highway Access
Yes
Road Access
Yes
Units
Unit Mix
11 x 3BR
Multifamily Units
11
Additional Details
Gross Income
$256,697
Taxes and HOA fees
Annual Taxes
$32,129
Amenities
high 9' ceilings
LED lighting
3 phase power
A/C
large rear yard
Building Details
Building Size
13,200 SF
Year Built
1913
Buildings
1
Stories
5
Units
12
Listing Agency:
All Island Estates Realty Corp
(516) 279-8828
Listed By:
Richard Matt Shane · License #10301216230
(516) 279-8828
Source:
Mahlerrealty
Added: Apr 1
Changed: Aug 28
Last Checked: Aug 28 at 11:31AM
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 five-story apartment property contains 11 three-bedroom apartments and includes a large rear yard, 9-foot ceilings, air conditioning, new LED lighting, and 3-phase power. The building was constructed in 1913 and carries C4-2 zoning, identified in the property information as equivalent to R6 zoning.
The property is located at 1209 Elder Avenue in the Bronx, just off Westchester Avenue and between the Bronx River Parkway, I-95, I-278, and Sheridan Boulevard. Surrounding businesses include national banks, telecommunications retailers, self-storage facilities, pharmacies, restaurants, retailers, medical services, and gas stations. Signage and exterior exposure are also identified among the property’s physical features.
The property is located at 1209 Elder Avenue in the Bronx, just off Westchester Avenue and between the Bronx River Parkway, I-95, I-278, and Sheridan Boulevard. Surrounding businesses include national banks, telecommunications retailers, self-storage facilities, pharmacies, restaurants, retailers, medical services, and gas stations. Signage and exterior exposure are also identified among the property’s physical features.
Key Highlights
- 11‑unit apartment building with 11 three‑bedroom apartments
- Five‑story building constructed in 1913
- C4‑2 zoning, identified as equivalent to R6 zoning
Property Analytics
Property Profile
Current Use
Lease Details
11
Residential units
Yes
Highway access
Yes
Paved road 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 property with three-bedroom apartments, commercial-grade electrical service, air conditioning, and elevated ceiling heights.
Where is this apartment building located?
The property is located at 1209 Elder Avenue Bronx, NY.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: 11‑unit apartment building with 11 three‑bedroom apartments; Five‑story building constructed in 1913; C4‑2 zoning, identified as equivalent to R6 zoning
