Well-maintained five-story brick corner building in the Bronx featuring 11 units, all currently rented. Each apartment unit features 3 bedrooms and 1 full bathroom. The property offers approximately 14,000 square feet of building area situated on a 40 x 100 lot. Renovated interiors feature updated kitchens with stainless steel appliances, floor-to-ceiling tiled bathrooms, and hardwood floors throughout. Units are individually metered for gas. Heat is landlord-controlled and supplied by oil. The property features a boiler system and two electric hot water tanks. Property currently generates over $15,000 per month in rental income with an 8.89% cap rate. Convenient Bronx location with access to transportation, shopping, and neighborhood amenities.
| MLS # | 1046657 |
|---|---|
| Listing Type | For Sale |
| Style | Manufactured Home |
| Sub-Type | Resale |
| Status | Active |
| Year | 1913 |
| Days On Site | 43 |
| Listing Provided By | 5 Boro Realty Corp | Gabrielle Winters |
| Bed(s) | 33 |
|---|---|
| Bath(s) | 11 Total |
| SQ Feet | 14,900 |
| Acreage | 0.09 |
| Cooling | None |
|---|---|
| Heating | Hot Water, Oil, Other |
| Interior Features | Other |
| Appliances | Oven, Refrigerator |
| Construction Materials | Brick |
|---|
| Garage Yes / No | No |
|---|---|
| Parking Features | Other |
| Utilities | See Remarks |
|---|---|
| Sewer | Other |
| Tax Year | 2025 |
|---|---|
| Tax Assessed Value | 485100 |
| Tax Annual Amount | 58286.28 |
| Tax Lot | 0014 |
| State | NY |
|---|---|
| County | Bronx County |
| City | Bronx |
| Zip Code | 10472 |
| School District | Herbert H Lehman High School |
| Elementary School | Ps 32 Belmont |
| High School | Herbert H Lehman High School |
| Listing VS Median (in 10472) | |
Price: $1,300,000 low | high Med: $1,050,000 sqft: 14,900 low | high Med: 3,310 $ / sqft: $87 low | high Med: $318 On site: 43 low | high Med: 174.5 | |
| State | NY |
|---|---|
| County | Bronx County |
| City | Bronx |
| Zip Code | 10472 |
| School District | Herbert H Lehman High School |
| Elementary School | Ps 32 Belmont |
| High School | Herbert H Lehman High School |
| Listing VS Median (in 10472) | |
Price: $1,300,000 low | high Med: $1,050,000 sqft: 14,900 low | high Med: 3,310 $ / sqft: $87 low | high Med: $318 On site: 43 low | high Med: 174.5 | |
![]() | $1,400,0001215 Elder AvenueBronx, NY 10472 |
![]() | $1,400,0001209 Elder AvenueBronx, NY 10472 |