Price Reduced 5.70%
Price History
$1,290,000
7/31/2025
$1,299,000
7/31/2025
$1,225,000
9/26/2025
1349 Elder Avenue, Bronx, NY, 10472
1926
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.
Status:
Active
Type:
Commercial
Units:
5
Heating:
Natural Gas, Radiant, Steam
Cooling:
Wall/Window Unit(s)
Basement:
Unfinished
Acreage:
0.2
Est. Taxes:
$13,175
Assessment
$224,550
Construction
Stone
Utilities
Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected
Days on Market:
97
MLS #:
895571
Community Info
School Info
Walk Score
Mass Transit
Yelp
Similar Properties
New or Coming Soon Properties
Listing courtesy of YourHomeSold Guaranteed Realty 718-684-2400