- 13,200
- sqft
- 1913
- year built
- Status:
- Active
- MLS #:
- 979705
- County:
- Bronx
- Listed By:
- Richard Matt Shane - All Island Estates Realty Corp
- Office Phone:
- (516) 783-5600
- Agent Email:
- matthewshane8828@gmail.com
Sponsoring Broker: Steven Domber, Berkshire Hathaway HomeServices Hudson Valley Properties
Calling All Investors, Developers & End-Users!!! 11.56 Cap 11 Unit Bronx Apartment Building Just Off Westchester Ave. For Sale!!! The Building Features Excellent Signage, Great Exposure, C4-2 (R6 Equivalent) Zoning, High 9’ Ceilings, (11) 3 Br. Apartments, 5 Stories, Large Rear Yard, All New LED Lighting, 3 Phase Power, A/C, +++!!!! The Property Is Located In The Heart Of Park Versailles Just Off Busy Westchester Avenue!!! The Property Is 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, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: 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. Expenses: Oil: $20,092.61 Ann. Electric: $2,355.18 Ann. (Common Areas Only) Maintenance & Repairs: $5,500 Ann. Insurance: $10,000 Ann. Water & Sewer: $13,286.04 Ann. Taxes: $32,129.96 Ann. Total Expenses: $83,363.79 Ann. Net Operating Income (NOI): $173,333.25 Ann. (12.38% Cap!!!) Reply, Reply All or Forward
Highlights
- Commercial Sale
- Built in 1913
- 219 days on Market
-
- Year Built
- 1913
-
- Stories
- 5.0
-
- Construction Materials
- Frame
-
- Cooling
- Multi Units
-
- Heating
- Oil
-
- Utilities
- Electricity Available
-
- Water
- Public
-
- County
- Bronx
-
- City
- Bronx
-
- Zip Code
- 10472
-
Ask a Question
ez Mortgage Calculator
Enter your details below to estimate your monthly mortgage payment with taxes, fees and insurance.
$
Please enter a valid number
Cost of the current home: $1400000
$
%
Please enter a valid number
Cash you pay when you close
Affects interest rates. 30- or 15- year loans are standard.
%
Default rate is illustrative, set internally by ez Home Search and updated periodically; actual rates vary by lender, credit score, and market conditions.
$
%
Please enter a valid number
$
Please enter a valid number
Typically 0.25% of home value per year.
$
Please enter a valid number
Homeowners association dues.
$ 0
Monthly
Principal and interest:
Property Taxes:
Homeowners Insurance:
HOA Dues:
$0 (0%)
$0 (0%)
$0 (0%)
$0 (0%)
preferred mortgage partner
your partner for Bronx county
Responsive Mortgage
Company NMLS #: 3446
The ez Mortgage Calculator is for educational purposes only. Real-world interest rates and payments can differ due to factors like market trends, location, and loan specifics. Calculations are based on your inputs and might not consider extra costs a lender may add, such as insurance, taxes, and fees; thus, actual repayments could surpass estimates. Please note, ez Home Search does not provide loans, and this tool does not promise lending.
Price History
| 07/23/2026 | Price Changed | $2,700,000 |
| Source: OneKey MLS #979716 | ||
| 04/01/2026 | Listed | $3,688,000 |
| Source: OneKey MLS #979716 | ||
| 07/23/2026 | Price Changed | $1,400,000 |
| Source: OneKey MLS #979705 | ||
| 04/01/2026 | Listed | $1,950,000 |
| Source: OneKey MLS #979705 | ||
| 06/20/2023 | Off Market | — |
| Source: OneKey MLS #3486541 | ||
| 06/20/2023 | Off Market | — |
| Source: OneKey MLS #L3486541 | ||
Source: MLS Data
Deed History
| 04/11/2000 | Bargain and Sale Deed | $200,000 |
Source: Public records via Constellation Data Labs
Mortgage History
| 09/21/2021 | Unknown | $508,668 |
| 08/22/2008 | Commercial | $125,000 |
| 06/11/2003 | Commercial | $275,000 |
| 04/11/2000 | Commercial | $140,000 |
Source: Public records via Constellation Data Labs
What's your home worth?
Calculate your current home value within seconds.
Similar Listings
Look Throughout Bronx
There are currently 2227 properties available in Bronx, with 1 under contract to close soon. Properties in the city have an average sale price of $450,420 and typically spend 189 days on the market before being sold.
Want to compare this property to others available for sale in the area? Use our search to find exactly what you want among our 2,000,000+ listings and to see incredible photos to show you what is possible.
With 29 zip codes in Bronx County, you have many options in the area. Be sure to claim your free ez Home Search account to make sure you get alerts when a property that meets your needs becomes available.
Source: ez Home Search, MLS Data
Frequently Asked Questions
How do I schedule a tour of 1209 Elder Ave?
We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 1209 Elder Ave.
They know commercial sales in the area well and can give you the guidance you need to buy with confidence.
How do I get more information about 1209 Elder Ave?
Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $1,400,000. We can talk through recent upgrades, potential seller motivation, how this commercial sale compares to others in Bronx, and can even get you in to see the property quickly.
How much is the monthly mortgage payment for 1209 Elder Ave?
With a 20% down payment and a 30-year fixed loan at an illustrative 6.75% rate, the ez Mortgage Calculator estimates the monthly payment for 1209 Elder Ave at around $10,268. This includes estimated property taxes and insurance.
Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.
How do I get pre-approved to buy 1209 Elder Ave?
Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.
Or, let us connect you with our preferred local lender in Bronx County. They will give you all of your available financing options, based on your specific situation and what is available to you.
Can I negotiate the asking price for 1209 Elder Ave?
In most cases, yes. Whether 1209 Elder Ave is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Bronx's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.
How do I make an offer on 1209 Elder Ave?
We can handle that for you. Our preferred local agent specializes in commercial sales in Bronx and can guide you through every step of the offer process.
You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.
What is the price per square foot for this home?
This home is listed at $1,400,000 with 13,200 sqft of space—that comes out to approximately $106 per square foot.
How long has this property been on the market?
1209 Elder Ave was listed on April 01, 2026, which means it's been on the market for 219 days.
Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.
When was this house built?
This home was built in 1913, making it approximately 113 years old.
What are the property taxes for 1209 Elder Ave?
The most recent public record shows annual property taxes for 1209 Elder Ave were approximately $32,129. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.
Is 1209 Elder Ave still available for sale?
Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.
Source: ez Home Search, MLS Data
Popular Home Searches in Bronx, NY
Open Houses Near Bronx, NY
Land for Sale Near Bronx, NY
Townhomes for Sale Near Bronx, NY
Waterfront Homes for Sale Near Bronx, NY
Waterfront Condos for Sale Near Bronx, NY
Homes with Pools for Sale Near Bronx, NY
Gated Community Homes for Sale Near Bronx, NY
Homes with No Hoa for Sale Near Bronx, NY
Homes in Adult Communities for Sale Near Bronx, NY
Search Nearby Cities
Search Nearby Counties
Search Nearby Postal Codes
Listing information 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 by the MLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Copyright 2026, OneKey MLS. All rights reserved.
Last Updated: November 06, 2026 at 04:56AM | Source: OneKey MLS | MLS#: 979705
