$1,299,000

1349 Elder Ave Bronx, NY 10472

Parkchester Neighborhood

Estimated payment $7,904/month

Total Views 4,841
4 Beds
5 Baths
2,420 Sq Ft
$537 Price per Sq Ft

Highlights

  • 0.2 Acre Lot
  • Property is near public transit
  • Living Room
  • Open Floorplan
  • Wood Flooring
  • Dining Room

About This Home

Don't Call Anyone Else - Call Bryant Moran Direct and Unlock These Exclusive Benefits with This Bronx Investment Opportunity! Excellent investment opportunity in the Soundview section of the Bronx: a solid brick mixed-use building featuring 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. This property is projected to generate $147,384 in gross annual income with low property taxes of only $13,000, offering a strong 11% cash-on-cash return based on conservative underwriting. Located just blocks from the Elder Ave 6 train station, major MTA bus lines, and near the Bruckner and Cross Bronx Expressways, it ensures high accessibility for both tenants and businesses. A high-yield, low-maintenance asset with upside potential in a growing corridor. And when you buy through Bryant, you'll also receive these exclusive VIP benefits: Exclusive financing rate of 5.87% APR with $0 Money Down* First Responder & Military Appreciation Discount - save thousands!* 1% OFF your mortgage rate* Free home inspection - no cost, no surprises* Up to $10,000 back in closing cost credits* FREE 12-Month Home Warranty* 24-Month Love it or Leave it Guarantee - return your home, no questions asked* Buy Our Listed Home, Bryant Will Buy Yours* Access to exclusive off-market, foreclosure, and distressed sale properties Available only on our Certified Pre-Owned Homes to those who qualify. *Bryant and seller must agree on price and time of possession **Benefits for VIP buyers of Your Home Sold Guaranteed Realty - Besmatch team ***Mortgage rates and benefits exclusive to new customers of AnnieMac, & to those who qualify

Listing Agent

Bryant Moran

YOURHOMESOLD GUARANTEED REALTY BESMATCH Listed on: 09/02/2025

YOURHOMESOLD GUARANTEED REALTY BESMATCH

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,174

Year Built

  • Built in 1926

Lot Details

  • 8,712 Sq Ft Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,420 Sq Ft Home
  • Open Floorplan
  • Living Room
  • Dining Room
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Oven
  • Dryer

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Full Bathrooms

Location

  • Property is near public transit
  • Property is near a bus stop

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Steam
  • Heating System Uses Gas
  • Radiant Heating System

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,174

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Percent Basement Finished: Yes
  • FloorHardwood: Yes
  • HamletID: 0
  • HeatFuelGas: Yes
  • HeatTypeRadiant: Yes
  • HeatTypeSteam: Yes
  • IsNaturalGasAvailable: Yes
  • LandRentAmount: 0
  • Lot Size Acres: 0.20
  • NearBus: Yes
  • NearTrain: Yes
  • Number Of Stories: 0
  • PercentageOfTaxThatIsDeductable: 0
  • PropertyCity: Bronx
  • PropertyTownship: Bronx
  • Prop. Type: Multi-Unit (2-4)
  • Renovation Year: 0
  • ResidentialStyle: Other
  • Dining Room: Yes
  • Kitchen: Yes
  • SForSaleAndRForRental: S
  • SidingBrick: Yes
  • USStateAbbreviation: NY
  • WallWindowAC: Yes
  • WaterSourceType: Municipal
  • Year Built: 1926
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • ApplianceDryer: Yes
  • ApplianceOven: Yes
  • ApplianceRefrigerator: Yes
  • Basement Type: Full
  • Kitchen Type: Open
  • Fireplaces: 0
  • Living Room: Yes
  • AboveArea Sq Ft: 2420

Exterior Features

  • Construction Type: Masonry - Brick

Garage/Parking

  • AttachedParking: 0
  • Numberof Garage Spaces: 0

Utilities

  • Sewer Type: Municipal

Condo/Co-op/Association

  • HOA Fees: 0
  • Units in Building: 0

Schools

  • School District: NEW YORK CITY GEOGRAPHIC DISTRICT #12

Lot Info

  • Number Of Lots: 0

Multi Family

  • Unit Number of Bedrooms: 4
  • Total Taxes: 13174

Tax Info

  • Tax Year: 0

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $13,035 $114,200 $54,010 $60,190
2024 $13,035 $110,557 $62,720 $47,837
2023 $11,915 $102,401 $46,474 $55,927
2022 $10,960 $230,400 $106,200 $124,200
2021 $0 $192,150 $106,200 $85,950
2020 $10,310 $210,600 $106,200 $104,400
2019 $10,079 $196,200 $106,200 $90,000
2018 $9,372 $78,770 $46,825 $31,945
2017 $8,813 $72,976 $48,514 $24,462
2016 $7,007 $67,574 $49,526 $18,048
2015 $4,514 $67,574 $57,365 $10,209
2014 $4,514 $65,419 $52,513 $12,906
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/02/2025 09/02/25 For Sale $1,299,000 -- $537 / Sq Ft
Source: My State MLS

Source: My State MLS

MLS Number: 11566703

APN: 03862-0023

New York Bronx County Bronx 10472 Parkchester

1349 Elder Ave, Bronx, NY

For Sale

MultiFamily

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