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11-Unit Bronx Apartment Building
For Sale
$1,400,000

1209 Elder Avenue, Bronx, NY 10472

Commercial Sale, Bronx, NY

Property SizeContact for details
Lot Size0.09 Acres
Days on Market150

Property Features for 1209 Elder Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning C42 /R6
Parking 6
Standard status Active
APN 037720064
Lot size 0.09 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 32129

Utilities

Utilities Electricity Available
Sewer type Public Sewer
Heating system Oil
Cooling system Multi Units
Water source Public

Amenities

LED lighting
3 phase power
A/C
large rear yard

Building Details

Year built 1913
Floors in Building 5
Number of units 12
Building materials Frame
Listing Agency: All Island Estates Realty Corp
Listed By: Richard Matt Shane · License #10301216230
Added: Apr 1 Changed: Aug 19 Last Checked: Aug 28 at 9:06PM
MLS# 979705

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 five-story apartment building, constructed in 1913, contains 11 three-bedroom apartments. Property features include 9-foot ceilings, new LED lighting, multi-unit air conditioning, 3-phase power, frame construction, and a rear yard. Public water and sewer serve the property, with oil heating and electricity available. The site encompasses 0.0918 acres and is zoned C4-2/R6 equivalent.

The building is positioned just off Westchester Avenue in the Park Versailles area of the Bronx. Access to the Bronx River Parkway, I-95, I-278, and Sheridan Boulevard places the property near major transportation routes. Surrounding commercial users include banks, telecommunications stores, self-storage facilities, pharmacies, restaurants, and retailers.

Key Highlights

  • 11 three‑bedroom apartments in a five‑story building
  • 0.0918‑acre site with C4‑2/R6‑equivalent zoning
  • 9‑foot ceilings, new LED lighting, and multi‑unit A/C

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

11
Residential units
Yes
Highway 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
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Frequently Asked Questions

What type of property is this?
Apartment building - Five-story multifamily property with three-bedroom apartments, C4-2/R6-equivalent zoning, and a rear yard.
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 three‑bedroom apartments in a five‑story building; 0.0918‑acre site with C4‑2/R6‑equivalent zoning; 9‑foot ceilings, new LED lighting, and multi‑unit A/C
More about this property
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