1344 Elder Ave Bronx, NY 10472
For Sale
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Investment Property Realty Group (IPRG) has been exclusively retained to sell 1344 Elder Avenue. The subject property is located between Bronx River Avenue and East 172nd Street in the Park Versailles – Bronx River neighborhood of the Bronx. The property offers 3 floor through apartments and a garage that will all be delivered vacant. There is one studio and two 3 bedroom apartments (one which is in need of a full renovation). The building dimensions are 20.5 ft x 62 ft and the total building size is 3,813 square feet. There is no cellar in the building. The lot dimensions are 25 ft x 100 ft in R6 zoning which allows for an Alt-1 conversion to 8 apartments. The property is located within walking distance to the 6 subway line and convenient access to the Cross Bronx Expressway.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.