1215 Elder Avenue Bronx, NY 10472
MULTI_FAMILY - Bronx, NY
- Added:
- Apr 1, 2026
- Days on Market:
- 105
- Last Refresh:
- Jul 14 at 6:06 am
Property Features for 1215 Elder Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- On Street
- Standard status
- Active
- APN
- 03772-0062
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 22166
Utilities
- Sewer type
- Public Sewer
- Heating system
- Oil
- Cooling system
- Multi Units
- Water source
- Public
Building Details
- Year built
- 1913
- Floors in Building
- 5
- Number of units
- 11
- Building materials
- Brick, Frame
Listing agent Richard Matt Shane License #10301216230 (516) 279-8828
Listing office All Island Estates Realty Corp 3242 Railroad Ave, Wantagh, NY (516) 783-5600
Listing date Apr 1, 2026
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.
The property is located in Park Versailles, just off Westchester Avenue, and is described as situated between the Bronx River Parkway, I-95, I-278, and Sheridan Boulevard. The remarks list nearby area businesses and services including major banks and retailers.
Annual gross income is reported at $266,388 with total expenses of $76,349.65, resulting in a reported NOI of $190,038.35 using a stated 12.67 cap rate. Lease expirations for the individual units are provided in the offering materials, with dates ranging from 2026 through 2027.
Key Highlights
- 11‑unit Bronx apartment building with (11) 3BR apartments in a 5‑story structure (built 1913)
- C4‑2 (R6 equivalent) zoning; large rear yard; on‑street parking
- Gross income of $266,388/year with NOI of $190,038.35/year (12.67 cap) based on provided figures
