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Property Description
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.
Full Property Details
Full Property Details for 1255 Elder Ave
General
- Price: $1,295,000
- Taxes: $7,010
- Status: Active
- Type: Multi-Family
- Source: Long_Island
- MLS ID: 1041272
- Updated: 8/20/2026
- Added to Site: 4 day(s) ago
Interior
- Interior Features: First Floor Bedroom, First Floor Full Bath, Eat-in Kitchen, Formal Dining, High Ceilings, High Speed Internet, Primary Bathroom
- Laundry Facilities: Yes
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 7
Other Rooms
- Laundry: In Basement
Parking
- Garage: Yes
- Garage Spaces: 1
- Total Spaces: 4
- Parking Features: Shared Driveway
Location
- County: Bronx County
- Cross Streets: Westchester Ave and E 172 Street
School Information
- High School District: Contact Agent
- Elementary School: Contact Agent
- Middle School: Call Listing Agent
- High School: Contact Agent
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard, Natural Gas, Oil
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, Natural Gas Available, Sewer Connected
Structural Information
- Detached/Attached: Attached
- Construction: Brick
- Basement: Yes
- Basement Desc.: Finished, Full Basement, Walk-Out Access
- Building Size: 2648
- Square Feet: 2,648
- Year Built: 1935
Lot Features
- Lot Size (Acres): 0.0574
- Lot Size (Sq. Ft.): 2,500
Financial Considerations
- Tax Amount: $7,010.88
Disclosures and Reports
- Special Conditions: None
- Property ID: 03772-0045
Listed by Max It Realty
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Schools
Schools serving 1255 Elder Ave
School District:New York City Geographic School District 12
| Name | Grades | Distance |
|---|---|---|
Ps 195 1250 Ward Ave, The Bronx, NY 10472 | PK-5 | 0.1 mi |
Ps 196 1250 Ward Ave, The Bronx, NY 10472 | PK-5 | 0.1 mi |
School Of Performing Arts 977 Fox St, The Bronx, NY 10459 | 6-8 | 1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1255 Elder Ave
Date
Details
Price
Change
Source
8/20/2026
Listed
$1,295,000
131.25%
MLS
11/10/2016
Sold
$560,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1255 Elder Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,011
1%
$34,906
1%
2024
$6,958
6%
$34,643
6%
2023
$6,564
5%
$32,682
-31%
2022
$6,262
2%
$47,580
10%
2021
$6,122
-1%
$43,080
-4%
2020
$6,157
2%
$44,700
17%
2019
$6,039
32%
$38,160
40%
2017
$4,592
—
$27,235
6%
2017
$4,592
9%
$25,694
6%
2016
$4,225
—
$24,240
-2%
2015
$4,235
10%
$24,832
1%
2014
$3,858
13%
$24,583
6%
2013
$3,406
—
$23,215
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1255 Elder Ave
1255 Elder Avenue, Bronx, NY 10472 (MLS# 1041272) is a Multi-Family property with 3 units containing 7 bedrooms and 4 full bathrooms. 1255 Elder Avenue is currently listed for $1,295,000 and was received on August 20, 2026. Want to learn more about 1255 Elder Avenue? Do you have questions about finding other Multi-Family real estate for sale in Bronx? You can browse all Bronx real estate or contact a Coldwell Banker agent to request more information.

