Prime Bronx Investment Opportunity — R6 Zoning
Excellent income-producing opportunity in the Soundview section of the Bronx, ideally situated on a busy corridor between Westchester Avenue and E 172nd Street, with convenient access to the 6 train and nearby transportation, shopping, and neighborhood amenities. This semi-detached brick property offers R6 zoning and strong potential for investors, owner-occupants, or those seeking a multifamily asset in a high-demand Bronx location.
The property features three residential units. The first floor offers a spacious 3-bedroom, 2-full-bathroom layout, while the second floor consists of two 2-bedroom, 1-full-bathroom units each. Each unit also benefits from a full finished basement, providing additional usable space and flexibility.
Additional features include a shared driveway, backyard, and detached garage in the rear for parking. With its multifamily configuration, R6 zoning, parking, outdoor space, and convenient location near the 6 train, this property presents a compelling opportunity with strong rental income potential and future value.
Prime location, versatile layout, parking, and income potential make this a property not to be missed.
Features
11 bedrooms
5 bathrooms
directions_car4 carspaces
directions_car1 garage space
2648 sq. ft. floor area
crop_free2500 sq. ft. lot size
cottageDuplex
Property history for 1255 Elder Ave
2016
Sold
$560,000
08 Nov 2016
Happy sellers in New York
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Local market activity for 11 bedroom duplexes in New York
Sold
For Sale
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