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Four-Story Conversion Building with Parking
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724 Elton Avenue & 467 East 155th Street, Bronx, NY 10455

Four floor-through units include a ground-floor retail healthcare tenant through 2025, plus on-site parking and a separate parking garage.

Property Size11,200 SF
Days on Market124

Property Features for 724 Elton Avenue & 467 East 155th Street

General Information

Standard status Active
Size 11,200 SF
Property subtype Mixed Use
Zoning C4-4

Building Details

Stories 4
Tenancy Multi
Listing Agency: Ariel Property Advisors
Listed By: Jason Gold · License #NY 10301214771
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 21 at 5:21AM

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 Ariel Property Advisors

Investment Insights

Based on property information with market context.

724 Elton Avenue is a four-story, 11,200-square-foot conversion opportunity configured as four floor-through units. The ground floor is leased to a retail healthcare tenant with a lease in place through 2025. A parking lot is on the site, and there is also a 330-square-foot parking garage at 467 East 155th Street.

Both parcels are located in the heart of The HUB on the corner of East 155th Street and Elton Avenue. Favorable C4-4 zoning allows approximately 17,200 buildable square feet on an as-of-right basis and 32,500 buildable square feet with a community facility bonus. Approximately 6,000 square feet of as-of-right air rights are available, suitable for an addition of two floors to the existing building.

The 467 East 155th Street parking garage provides access to the basement for additional parking. The property also notes easy access to all boroughs, with express 2/5 subway trains a short walk away.

Key Highlights

  • 4‑story 11,200 SF building with four floor‑through units at the corner of E 155th St and Elton Ave
  • Ground‑floor retail healthcare tenant leased through 2025 generating $68,000 annual income
  • On‑site parking plus a separate 330 SF parking garage on E 155th St that provides access to the basement for additional parking

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Gym & Fitness Center Acupuncture Bar & Pub Travel Agency

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

4,058
Businesses Nearby

Demographics for 10455, NY

43,804
Population
16,608
Households
2.6
Avg Household Size
33
Median Age
16%
College-Educated
69%
High-School Grad
0.7 sq mi
ZIP Area
62,577
Density / Sq Mi
$36,701
Median Household Income
$33,892
Median Earnings
$1,130
Median Rent
$348,700
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Four floor-through units include a ground-floor retail healthcare tenant through 2025, plus on-site parking and a separate parking garage.
Where is this quadplex located?
The property is located at 724 Elton Avenue & 467 East 155th Street Bronx, NY.
What are key features of this property?
This property features: 4‑story 11,200 SF building with four floor‑through units at the corner of E 155th St and Elton Ave; Ground‑floor retail healthcare tenant leased through 2025 generating $68,000 annual income; On‑site parking plus a separate 330 SF parking garage on E 155th St that provides access to the basement for additional parking
(212) 544-9500 Call to check price and availability
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