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807 Elsmere Pl
Listing Notes
Fully Renovated Legal 3-Family | Strong Income + Low Taxes Excellent opportunity to own a fully renovated legal three-family property with immediate income in place. The top two apartments are currently rented to wonderful tenants, each paying $3, 400 per month, generating $6, 800 in monthly rental income. The first-floor unit is vacant, offering flexibility for an owner-occupant or additional rental income. Each apartment features four full bedrooms, hardwood floors throughout, central heating and air conditioning, and modern kitchens with stainless steel appliances. One off-street parking space is included. Exceptionally low annual property taxes of approximately $2, 500 enhance long-term cash flow and overall return. Ideal for investors or owner-occupants seeking a turn-key, income-producing property with upside.
Market Insights
$305/sqft vs a nearby median of $492/sqft.
- -38% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 3,600 sqft creates a usable price-per-square-foot read.
Pricing Read
Asking price is about 60.3% below the fair value — likely to draw competing offers if it's still on market.
- Pre-war character+$44k +2.5%
- Visible condition issues−$35k −2.0%
- Days-on-market gravity−$27k −1.5%
- Transit access+$9k +0.5%
Property Read
The asking price per square foot is below the nearby median, which can be worth a closer comp check.
Price history is still limited; review again as more market activity becomes available.
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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.
Listing Details
- Days on market
- 103 days
- Last price change
- No change recorded
- Listed
- Jan 29, 2026
- Photos
- 16 photos
- Property type
- multi family
- Status
- for sale
Features & Amenities
Photos
Building Facts
- Year built
- 1901
- Stories
- 2
- Total units
- 3
- Residential units
- 3
- Building area
- 2,436 sqft
- Lot size
- 3,600 sqft
- Land use
- Multi-family walk-up buildings
- Building class
- C0
From NYC public records where available.
Price History
Public Records
2 total recorded against the building
43 total recorded
Tax-lot deed, mortgage, and transfer records on file
Top: heat/hot water
Top complaint types in ZIP 10460
- HEAT/HOT WATER5,309
- Noise - Residential4,533
- Noise - Street/Sidewalk3,069
- Illegal Parking2,603
- UNSANITARY CONDITION2,315
Recent DOB
- Aug 23, 2024V-DOB VIOLATION - ACTIVE · C-CONSTRUCTION OTHER OPTIONAL
- Aug 23, 2024V-DOB VIOLATION - ACTIVE · C-CONSTRUCTION OTHER OPTIONAL
Recent HPD
- Apr 30, 2026Class A · (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPD S WEBSITE, WWW.NYC.GOV\HPD, SEARCH BE...
- Nov 25, 2024Class I · §27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE SUBJECT TO CIVIL PENALTIES, PROHIBITE...
- Apr 2, 2024Class A · (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPD S WEBSITE, WWW.NYC.GOV\HPD, SEARCH BE...
- Mar 17, 2023Class A · (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPD S WEBSITE, WWW.NYC.GOV\HPD, SEARCH BE...
Recent Transfers (ACRIS)
- Sep 13, 2023DEED
- May 15, 2023DEED$550,000
Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.