# 1215 Elder Avenue, Bronx, NY 10472

> **TL;DR:** commercial, $1,400,000, built 1913. Est. $7,487/mo. Listed 166 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,400,000 |
| Year Built | 1913 |
| Lot Size | 3,999 sqft (0.09 acres) |
| Stories | 5 |
| Property Type | Commercial (Other) |
| Status | Active |
| Days on Market | 166 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $7,079 |
| Estimated Insurance | $408 |
| **Total** | **$7,487** |

## Property Highlights

- Built in 1913
- 0.09 acre lot
- 5 stories

## Description

### Agent Description
Calling All Investors, Developers & End-Users!!! 12.67 Cap 11 Unit Bronx Apartment Building Near 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.): $23,870.64 Ann.; Lease Exp.: 11/30/26. Unit 2 (3 Br. Apt.): $27,710.04 Ann. Lease Exp.: 11/30/27. Unit 3 (3 Br. Apt.): $26,694.48 Ann.; Lease Exp.: 10/31/27. Unit 4 (3 Br. Apt.): $13,501.20 Ann.; Lease Exp.: 7/31/27. Unit 5 (3 Br. Apt.): $23,870.64 Ann.; Lease Exp.: 12/31/26. Unit 6 (3 Br. Apt.): $31,866.24 Ann.; Lease Exp.: 11/30/26. Unit 7 (3 Br. Apt.): $18,014.16 Ann.; Lease Exp.: 12/31/27. Unit 8 (3 Br. Apt.): $21,845.88 Ann.; Lease Exp.: 8/14/27. Unit 9 (3 Br. Apt.): $29,925.12 Ann.; Lease Exp.: 3/31/26. Unit 10 (3 Br. Apt.): $25,299.72 Ann.; Lease Exp.: 11/30/26. Unit 11 (3 Br. Apt.): $23,789.88 Ann.; Lease Exp.: 10/31/27. Gross Income: $266,388 Ann. Expenses: Gas: $21,865.40 Ann. Electric: $2,500 Ann. (Common Areas Only) Maintenance & Repairs: $5,500 Ann. Insurance: $10,000 Ann. Water & Sewer: $14,317.93 Ann. Taxes: $22,166.32 Ann. Total Expenses: $76,349.65 Ann. Net Operating Income (NOI): $190,038.35 Ann. (13.57% Cap!!!)

## Location

- **Address:** 1215 Elder Avenue, Bronx, NY 10472
- **County:** Bronx County
- **Coordinates:** 40.829263, -73.879486
- **Google Maps:** https://www.google.com/maps?q=40.829263,-73.879486

## Listing Agent

- **Name:** Richard Matt Shane
- **Brokerage:** All Island Estates Realty Corp
- **Phone:** 5162798828
- **Broker Phone:** (516) 532-9184
- **Listing URL:** [View original listing](https://listings.listhub.net/pages/MLSLINY/979599/?channel=propsimple)

## Photos

![1215 Elder Avenue - Photo 1](http://lh.rdcpix.com/15bf400624ee90819b2455518bbd1857l-f509317310r.jpg)

![1215 Elder Avenue - Photo 2](http://lh.rdcpix.com/15bf400624ee90819b2455518bbd1857l-f2789851613r.jpg)

![1215 Elder Avenue - Photo 3](http://lh.rdcpix.com/15bf400624ee90819b2455518bbd1857l-f3917789608r.jpg)

![1215 Elder Avenue - Photo 4](http://lh.rdcpix.com/15bf400624ee90819b2455518bbd1857l-f2302487056r.jpg)

![1215 Elder Avenue - Photo 5](http://lh.rdcpix.com/15bf400624ee90819b2455518bbd1857l-f1521301150r.jpg)

![1215 Elder Avenue - Photo 6](http://lh.rdcpix.com/15bf400624ee90819b2455518bbd1857l-f1012267819r.jpg)

![1215 Elder Avenue - Photo 7](http://lh.rdcpix.com/15bf400624ee90819b2455518bbd1857l-f3977891330r.jpg)

![1215 Elder Avenue - Photo 8](http://lh.rdcpix.com/15bf400624ee90819b2455518bbd1857l-f3363088701r.jpg)

![1215 Elder Avenue - Photo 9](http://lh.rdcpix.com/15bf400624ee90819b2455518bbd1857l-f1749607113r.jpg)

![1215 Elder Avenue - Photo 10](http://lh.rdcpix.com/15bf400624ee90819b2455518bbd1857l-f635405211r.jpg)

![1215 Elder Avenue - Photo 11](http://lh.rdcpix.com/15bf400624ee90819b2455518bbd1857l-f223870407r.jpg)

![1215 Elder Avenue - Photo 12](http://lh.rdcpix.com/15bf400624ee90819b2455518bbd1857l-f3685722615r.jpg)

![1215 Elder Avenue - Photo 13](http://lh.rdcpix.com/15bf400624ee90819b2455518bbd1857l-f3149543635r.jpg)

![1215 Elder Avenue - Photo 14](http://lh.rdcpix.com/15bf400624ee90819b2455518bbd1857l-f2755497264r.jpg)

![1215 Elder Avenue - Photo 15](http://lh.rdcpix.com/15bf400624ee90819b2455518bbd1857l-f3922905521r.jpg)

![1215 Elder Avenue - Photo 16](http://lh.rdcpix.com/15bf400624ee90819b2455518bbd1857l-f2561546634r.jpg)

![1215 Elder Avenue - Photo 17](http://lh.rdcpix.com/15bf400624ee90819b2455518bbd1857l-f2616283338r.jpg)

![1215 Elder Avenue - Photo 18](http://lh.rdcpix.com/15bf400624ee90819b2455518bbd1857l-f2204924630r.jpg)

![1215 Elder Avenue - Photo 19](http://lh.rdcpix.com/15bf400624ee90819b2455518bbd1857l-f1261722559r.jpg)

![1215 Elder Avenue - Photo 20](http://lh.rdcpix.com/15bf400624ee90819b2455518bbd1857l-f2941397921r.jpg)

---

**MLS#:** 979599 | **Updated:** 2026-08-28
**Source:** listhub

*Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/1215-elder-avenue-bronx-ny-10472-y979599)

---

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