13-Unit Mixed-Use Multifamily
For Sale
Contact for pricing
777-779 Elton Avenue, Bronx, NY 10451
Four-story property with apartments, a corner retail space, and R7-2 zoning in the Melrose section of the Bronx.
Property Size9,300 SF
Days on Market143
Property Features for 777-779 Elton Avenue
General Information
Standard status
Active
Size
9,300 SF
Property subtype
Multifamily
Zoning
R7-2
Site & Location
Road Access
Yes
Public Transit
Yes
Units
Unit Mix
3 x studio, 6 x 1BR, 3 x 2BR
Multifamily Units
13
Building Details
Buildings
1
Stories
4
Listing Agency:
Ariel Property Advisors
(212) 544-9500
Listed By:
Jason Gold · License #NY 10301214771
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 29 at 7:20PM
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.
777-779 Elton Avenue is a four-story mixed-use multifamily property totaling 9,300 square feet and containing 13 residential units alongside a corner commercial retail store. The residential mix includes three studios, six one-bedroom apartments, and three two-bedroom apartments.
R7-2 zoning supports approximately 17,888 buildable square feet on an as-of-right basis, including 8,588 square feet of total air rights. The additional development potential is identified on the rear parcel. The property occupies the corner of Elton Avenue and East 157th Street in the Melrose section of the Bronx, a short walk from The HUB’s retail, theater, and restaurant corridor. The 2/5 subway line and multiple bus stops are located a few blocks away, with access throughout the Bronx and other boroughs.
R7-2 zoning supports approximately 17,888 buildable square feet on an as-of-right basis, including 8,588 square feet of total air rights. The additional development potential is identified on the rear parcel. The property occupies the corner of Elton Avenue and East 157th Street in the Melrose section of the Bronx, a short walk from The HUB’s retail, theater, and restaurant corridor. The 2/5 subway line and multiple bus stops are located a few blocks away, with access throughout the Bronx and other boroughs.
Key Highlights
- 13‑unit, four‑story mixed‑use multifamily building
- 9,300 square feet with three studios, six 1‑bedrooms, and three 2‑bedrooms
- Corner commercial retail store at Elton Avenue and East 157th Street
Property Analytics
Current Use
Lease Details
13
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
6,329
Businesses Nearby
Explore this area
Business Placement
Demographics for 10451, NY
51,536
Population
21,850
Households
2.4
Avg Household Size
36
Median Age
21%
College-Educated
74%
High-School Grad
1.1 sq mi
ZIP Area
46,851
Density / Sq Mi
$37,111
Median Household Income
$35,765
Median Earnings
$1,269
Median Rent
$263,500
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 - Four-story property with apartments, a corner retail space, and R7-2 zoning in the Melrose section of the Bronx.
Where is this apartment building located?
The property is located at 777-779 Elton Avenue Bronx, NY.
What are key features of this property?
This property features: 13‑unit, four‑story mixed‑use multifamily building; 9,300 square feet with three studios, six 1‑bedrooms, and three 2‑bedrooms; Corner commercial retail store at Elton Avenue and East 157th Street
