1209 Elder Avenue Bronx, NY $ 1,750,000
1209 Elder Avenue
$ 1,750,000
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1209 Elder Avenue

Bronx, NY, 10472
$ 1,750,000
Bedrooms-- Baths-- Sq 13,200

Monthly Estimate*

$ 10,775

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Commercial Property for sale in Bronx, NY

for $1,750,000. This 13,200 square foot building was built in 1913 on a lot size of 0.091827.

Calling All Investors, Developers & End-Users!!! 9.9 Cap 11 Unit Bronx Apartment Building Just Off Westchester Ave. For Sale!!! The Building Features Excellent Signage, Great Exposure, C4-2 (R6 Equivalent) Zoning, High 9’ Ceilings, (11) 3 Br. Apartments, 5 Stories, Large Rear Yard, All New LED Lighting, 3 Phase Power, A/C, +++!!!! The Property Is Located In The Heart Of Park Versailles Just Off Busy Westchester Avenue!!! The Property Is Situated Between The Bronx River Pkwy., I-95, I-278 & Sheridan Blvd.!!! Neighbors Include Chase Bank, Bank Of America, Verizon, T-Mobile, AT & T, Extra Space Storage, CubeSmart Self Storage, Boost Mobile, CVS, Dunkin’, CityMD, Shell, BP Gas, Foot Locker, Cookie’s Department Stores, McDonald’s, Burger King, Papa John’s, Domino’s, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: Unit 1 (3 Br. Apt.): $6,600 Ann.; No Lease. Unit 2 (3 Br. Apt.): $23,757.24 Ann. Lease Exp.: 11/30/26. Unit 3 (3 Br. Apt.): $24,828.60 Ann.; Lease Exp.: 3/31/26. Unit 4 (3 Br. Apt.): $27,660 Ann.; Lease Exp.: 3/31/27. Unit 5 (3 Br. Apt.): $30,000 Ann.; Lease Exp.: 3/31/27. Unit 6 (3 Br. Apt.): $23,870.64 Ann.; Lease Exp.: 1/31/27. Unit 7 (3 Br. Apt.): $27,833.28 Ann.; Lease Exp.: 11/30/26. Unit 8 (3 Br. Apt.): $23,789.04 Ann.; Lease Exp.: 11/30/26. Unit 9 (3 Br. Apt.): $25,260 Ann.; Lease Exp.: 2/28/27. Unit 10 (3 Br. Apt.): $21,004.56 Ann.; Lease Exp.: 10/31/27. Unit 11 (3 Br. Apt.): $22,093.68 Ann.; Lease Exp.: 7/31/27. Gross Income: $256,697.04 Ann. Expenses: Oil: $20,092.61 Ann. Electric: $2,355.18 Ann. (Common Areas Only) Maintenance & Repairs: $5,500 Ann. Insurance: $10,000 Ann. Water & Sewer: $13,286.04 Ann. Taxes: $32,129.96 Ann. Total Expenses: $83,363.79 Ann. Net Operating Income (NOI): $173,333.25 Ann. (9.9% Cap!!!)

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Commercial Active

Price

$ 1,750,000

Property Type

Commercial

Taxes

$ 32,129

Style

Lot Size

0.091827

Year Built

1913

Town/City

Bronx

County/Region

Bronx

MLS | Web ID

979705

Features
General
Sewer Public Sewer
Heating Oil
Cooling Multi Units
Utilities Electricity Available
Zoning C42 /R6
Construction Materials Frame
Year Built 1913
Property Subtype Other
Tax Year 2026
Parcel Number 037720064
Business Type Residential
County Bronx County
Property Type Commercial Sale
City New York
Number Of Units Total 12
Property Attached Y/N Y
Tax Annual Amount 32129
Building Area Units Square Feet
Standard Status Active
Tax Lot 64
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Exterior
Water Source Public
Total Parking 6
Parking Spaces 6
Building Area Total 13200
Waterfront Y/N N
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Interior
Total Stories 5
Basement (Y/N) N
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Internal Only
Street Number 1 1209
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* Excluded Features
List By
Richard Matt Shane

Listing Agent

All Island Estates Realty Corp

Broker

516-783-5600

Contact

Affordability Calculator

$13,452
Per Month
80%
20%
0%
Monthly Principal & Interest
$10,775
Monthly Property Taxes
$2,677
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4101131 Elementary School
4101327 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/20/2026$1,750,000 -10.26% Price Down
4/2/2026$1,950,000 Listed Price

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1209 Elder Avenue, Bronx, NY, 10472 is a Commercial Property for sale at $1,750,000 with 13,200 sqft and a lot size of 0.091827. 1209 Elder Avenue was built in 1913. The property's zip code is 10472 which is in Bronx, NY