NY
Bronx
Bronx
10472
1349 Elder Avenue
1349 Elder Avenue, Bronx, NY 10472
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Listing Type
Commercial/Industrial
Listing Status
pending
38
$1,225,000

Home Details for 1349 Elder Avenue

Price
$1,225,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
1926
Lot size acres
0.1957
County
Bronx
Garage
Basement
Unfinished
Days on site
1
MLS Listing#
895571
Property Description

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.

Property Features
  • Utilities
    • Natural Gas Available
    • Electricity Available
    • Electricity Connected
    • Natural Gas Connected
  • Heating Information
    • Natural Gas
    • Radiant
    • Steam
  • Cooling Information
    • Wall/Window Unit(s)
  • Water Features
    • Public
  • Basement
    • Unfinished
Listing Courtesy: YourHomeSold Guaranteed Realty - 718-684-2400
Presented by: Bryant Moran
The data relating to real estate for sale on this website comes in part from the Internet Data exchange of OneKey MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2025 OneKey MLS. All Rights Reserved
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Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from OneKey MLS.
EXIT REALTY PREMIUM
813 Morris Park Ave, Bronx, NY 10462
Office
718 829 2300
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