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

1209 Elder Avenue, Bronx, NY 10472

Five stories of three-bedroom apartments are complemented by a large rear yard.

Property Size13,200 SF
Price / SF$106.06
Days on Market207

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

Units

Unit Mix 11 x 3BR
Multifamily Units 11

Additional Details

Gross Income $256,697
Highway Access Yes
Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $32,129

Amenities

Large Rear Yard
All New LED Lighting
3 Phase Power
A/C

Building Details

Building Size 13,200 SF
Year Built 1913
Buildings 1
Stories 5
Units 12
Listing Agency: All Island Estates Realty Corp
Listed By: Richard Matt Shane · License #1020151
Source: Croninreale
Added: Apr 1 Changed: Oct 23 Last Checked: Oct 23 at 9:50AM

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

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Investment Insights

Based on property information with market context.

The five-story apartment property contains 11 three-bedroom units and has a large rear yard. Interior and building features include 9-foot ceilings, air conditioning, three-phase power, and updated LED lighting. The stated zoning is C42/R6.

The building is on Elder Avenue in the Bronx, just off Westchester Avenue. The surrounding area includes retail, banking, medical, and self-storage businesses, with the Bronx River Parkway, I-95, I-278, and Sheridan Boulevard identified nearby.

Key Highlights

  • 11 apartments, each configured with three bedrooms
  • Five‑story building with 9‑foot ceilings
  • Large rear yard

Property Analytics

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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
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Five stories of three-bedroom apartments are complemented by a large 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 apartments, each configured with three bedrooms; Five‑story building with 9‑foot ceilings; Large rear yard
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