11-Unit Bronx Apartment
For Sale
$1,400,000
1215 Elder Avenue, Bronx, NY 10472
Five-story multifamily property with C4-2 zoning, three-phase power, air conditioning, and a large rear yard.
Property Size16,200 SF
Days on Market151
Property Features for 1215 Elder Avenue
General Information
Standard status
Active
Size
16,200 SF
Property subtype
Commercial
Zoning
C4-2 (R6 Equivalent)
Net Operating Income
$190,038
Site & Location
Highway Access
Yes
Road Access
Yes
Units
Unit Mix
11 x 3 Br.
Multifamily Units
11
Additional Details
Gross Income
$266,388
Taxes and HOA fees
Annual Taxes
$22,166
Amenities
Large Rear Yard
High 9' Ceilings
All New LED Lighting
3 Phase Power
A/C
Building Details
Building Size
16,200 SF
Year Built
1913
Buildings
1
Stories
5
Units
11
Listing Agency:
All Island Estates Realty Corp
(516) 279-8828
Listed By:
Richard Matt Shane · License #10301216230
(516) 279-8828
Source:
Maurafinnegan
Added: Apr 1
Changed: Aug 28
Last Checked: Aug 28 at 3:23PM
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 building at 1215 Elder Avenue contains 11 three-bedroom apartments, with 9-foot ceilings throughout the property. Building features include air conditioning, three-phase power, updated LED lighting, signage, and a large rear yard. The property was built in 1913 and carries C4-2 zoning, identified in the source data as equivalent to R6 zoning.
The building is positioned near Westchester Avenue in the Bronx, between the Bronx River Parkway, I-95, I-278, and Sheridan Boulevard. Surrounding businesses and services include banks, telecommunications retailers, self-storage facilities, pharmacies, medical care, restaurants, department stores, and gas stations.
All 11 apartments are configured as three-bedroom units, providing a consistent residential layout across the building. The combination of multifamily improvements, commercial zoning, and existing physical features supports both apartment operations and consideration of future development or business use as described in the property information.
The building is positioned near Westchester Avenue in the Bronx, between the Bronx River Parkway, I-95, I-278, and Sheridan Boulevard. Surrounding businesses and services include banks, telecommunications retailers, self-storage facilities, pharmacies, medical care, restaurants, department stores, and gas stations.
All 11 apartments are configured as three-bedroom units, providing a consistent residential layout across the building. The combination of multifamily improvements, commercial zoning, and existing physical features supports both apartment operations and consideration of future development or business use as described in the property information.
Key Highlights
- 11 three‑bedroom apartments in a five‑story building
- C4‑2 zoning, identified as equivalent to R6 zoning
- 9‑foot ceilings and a large rear yard
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
2,619
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 C4-2 zoning, three-phase power, air conditioning, and a large rear yard.
Where is this apartment building located?
The property is located at 1215 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; C4‑2 zoning, identified as equivalent to R6 zoning; 9‑foot ceilings and a large rear yard
