1349 Elder Avenue

Bronx, NY 10472

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.

Listing courtesy of YourHomeSold Guaranteed Realty [email protected]


Based on information submitted to the MLS GRID as of 2025-08-01 09:02 PM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.