1349 Elder Avenue, Bronx, NY 10472

Local realty services provided by:ERA Top Service Realty
#1#2#3
1349 Elder Avenue,Bronx, NY 10472
$1,299,000
  • 4 Beds
  • 3 Baths
  • 2,420 sq. ft.
  • Multi-family
  • Active
Listed by:bryant moran
Office:yourhomesold guaranteed realty
MLS#:895985
Source:One Key MLS

Price summary

  • Price:$1,299,000
  • Price per sq. ft.:$536.78

About this home

Excellent investment opportunity in the Soundview section of the Bronx: a solid brick mixed-use building consisting of three residential apartments (two 1-bedroom units and one 2-bedroom unit) and two ground-floor commercial storefronts, one currently leased. Legal 3 family + 2 storefronts. The property is projected to generate $147,384 in gross annual income with low annual property taxes of just $13,000, offering investors a strong 11% cash-on-cash return based on conservative underwriting. Centrally located near public transportation, the building is just blocks from the Elder Ave 6 train station, major MTA bus lines, and close to the Bruckner and Cross Bronx Expressways, ensuring high accessibility for both tenants and businesses. A high-yield, low-maintenance asset with upside potential in a growing corridor.

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Home facts

  • Year built:1926
  • Listing Id #:895985
  • Added:1 day(s) ago
  • Updated:August 01, 2025 at 11:39 AM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:3
  • Full bathrooms:3
  • Living area:2,420 sq. ft.

Heating and cooling

  • Heating:Natural Gas, Radiant, Steam

Structure and exterior

  • Year built:1926
  • Building area:2,420 sq. ft.
  • Lot area:0.2 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,299,000
  • Price per sq. ft.:$536.78
  • Tax amount:$13,175 (2024)
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