1209-1215 Elder Avenue Bronx, NY $ 3,688,000
1209-1215 Elder Avenue
$ 3,688,000
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1209-1215 Elder Avenue

Bronx, NY, 10472
$ 3,688,000
Bedrooms-- Baths-- Sq 32,400

Monthly Estimate*

$ 22,708

1209-1215 Elder Avenue, Bronx, NY 10472 - Image 1

Commercial Property for sale in Bronx, NY

for $3,688,000. This 32,400 square foot building was built in 1913 on a lot size of 0.091827.

Calling All Investors, Developers & End-Users!!! 22 Unit Bronx Apartment Building Package Just Off Westchester Ave. For Sale!!! The Buildings Feature Excellent Signage, Great Exposure, C4-2 (R6 Equivalent) Zoning, High 9’ Ceilings, (22) 3 Br. Apartments, 5 Stories, Large Rear Yards, All New LED Lighting, 3 Phase Power, A/C, +++!!!! The Properties Are Located In The Heart Of Park Versailles Just Off Busy Westchester Avenue!!! The Properties Are 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, +++!!! These Properties Offer HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: 1209 Elder Avenue: 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. 1215 Elder Avenue: Unit 1 (3 Br. Apt.): $23,870.64 Ann.; Lease Exp.: 11/30/26. Unit 2 (3 Br. Apt.): $27,710.04 Ann. Lease Exp.: 11/30/27. Unit 3 (3 Br. Apt.): $26,694.48 Ann.; Lease Exp.: 10/31/27. Unit 4 (3 Br. Apt.): $13,501.20 Ann.; Lease Exp.: 7/31/27. Unit 5 (3 Br. Apt.): $23,870.64 Ann.; Lease Exp.: 12/31/26. Unit 6 (3 Br. Apt.): $31,866.24 Ann.; Lease Exp.: 11/30/26. Unit 7 (3 Br. Apt.): $18,014.16 Ann.; Lease Exp.: 12/31/27. Unit 8 (3 Br. Apt.): $21,845.88 Ann.; Lease Exp.: 8/14/27. Unit 9 (3 Br. Apt.): $29,925.12 Ann.; Lease Exp.: 3/31/26. Unit 10 (3 Br. Apt.): $25,299.72 Ann.; Lease Exp.: 11/30/26. Unit 11 (3 Br. Apt.): $23,789.88 Ann.; Lease Exp.: 10/31/27. Gross Income: $266,388 Ann. Total Gross Income: $523,085.04 Expenses: Gas: $21,865.40 Ann. Oil: $20,092.61 Ann. Electric: $4,855.18 Ann. (Common Areas Only) Maintenance & Repairs: $11,000 Ann. Insurance: $20,000 Ann. Water & Sewer: $27,603.97 Ann. Taxes: $54,296.28 Ann. Total Expenses: $159,713.44 Ann. Net Operating Income (NOI): $363,371.60 Ann. (9.85 Cap!!!) Reply, Reply All or Forward

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Commercial Active

Price

$ 3,688,000

Property Type

Commercial

Taxes

$ 54,296

Style

Lot Size

0.091827

Year Built

1913

Town/City

Bronx

County/Region

Bronx

MLS | Web ID

979716

Features
General
Sewer Public Sewer
Heating Oil
Cooling None
Utilities Electricity Available
Construction Materials Block Frame
Year Built 1913
Property Subtype Other
Tax Year 2026
Parcel Number 037720064 /037720062
Business Type Residential
County Bronx County
Property Type Commercial Sale
City New York
Number Of Units Total 22
Property Attached Y/N Y
Tax Annual Amount 54296
Building Area Units Square Feet
Standard Status Active
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Interior
Basement Unfinished
Total Stories 5
Basement Features Unfinished
Basement (Y/N) Y
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Exterior
Parking Features On Street On Street
Water Source Public
Total Parking 12
Parking Spaces 12
Building Area Total 32400
Waterfront 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

$27,232
Per Month
83%
17%
0%
Monthly Principal & Interest
$22,708
Monthly Property Taxes
$4,525
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
4/2/2026$3,688,000 Listed Price

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1209-1215 Elder Avenue, Bronx, NY, 10472 is a Commercial Property for sale at $3,688,000 with 32,400 sqft and a lot size of 0.091827. 1209-1215 Elder Avenue was built in 1913. The property's zip code is 10472 which is in Bronx, NY