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1039 and 1041 Elder Ave Bronx
Bronx, NY Soundview

$2,600,000 USD

Multifamily For Sale  •  6,480 SF

2 Properties View all

Property Details

• Property Type Multifamily
• Cap Rate 11.81 %

100 Transit Score

90 Walk Score

Highlights

FREE MARKET

FULLY BRICK

R6 ZONING

5 FAMILY IS 3 FLOORS

Financial Summary (Actual)

Net Operating Income: $309,136 USD (2023)

Cap Rate:	11.81 %
Total Expenses:	$62,228 USD

Public Transportation

Commuter Rail	Drive	Walk	Distance
Melrose Station (Harlem Line - Metro-North Commuter Railroad Company (Metro-North))	8 min	-	2.6 mi
Tremont Station (Harlem Line - Metro-North Commuter Railroad Company (Metro-North))	6 min	-	3.1 mi
Transit/Subway	Drive	Walk	Distance
Elder Avenue (6 - New York MTA Subway (The Subway))	1 min	5 min	0.2 mi
Morrison-Sound View Avenues (6 - New York MTA Subway (The Subway))	2 min	9 min	0.5 mi
Whitlock Avenue (6 - New York MTA Subway (The Subway))	2 min	13 min	0.7 mi
St Lawrence Avenue (6 - New York MTA Subway (The Subway))	2 min	17 min	0.9 mi
Simpson Street (2 - New York MTA Subway (The Subway), 5 - New York MTA Subway (The Subway))	3 min	20 min	1.0 mi
Airport	Drive	Walk	Distance
LaGuardia	17 min	-	8.6 mi
John F Kennedy International	29 min	-	17.6 mi
Newark Liberty International	31 min	-	25.1 mi