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Address: ‎1349 Elder Avenue
Zip Code: 10472
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$1,225,000
ID # 895571
English
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$1,225,000 - 1349 Elder Avenue, Bronx, NY 10472|ID # 895571

ID #‎ 895571
Construction Year1926
Taxes
(per year)
$13,175
Fuel TypeGas
Heat typeRadiant (Floor/Wall)
Air
Conditioning
Wall Unit AC
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房屋英文概況 English 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. © 2025 OneKey™ MLS, LLC

Courtesy of YourHomeSold Guaranteed Realty

公司: ‍718-684-2400




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$1,225,000
COMMERCIAL
ID # 895571
‎1349 Elder Avenue
Bronx, NY 10472


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