RealtyLens
for saleRealtyLens property overview
$1,099,000

807 Elsmere Pl

Bronx, NY, 10460
View more Bronx, NY property pages
12Beds
3Baths
3,600Sqft
$305$/sqft

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

Below nearby median-38%

$305/sqft vs a nearby median of $492/sqft.

Nearby median$492/sqft
Nearby properties12
Property size3,600 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

Yardstick fair value$1.76M$1.58M$1.95M · 36% confidence
vs ask $1.10M−$663k (−60.3%)

Asking price is about 60.3% below the fair value — likely to draw competing offers if it's still on market.

$492/sqft median across 2 tight comps × 3,600 sqft= $1.77M
  • Pre-war character+$44k +2.5%
  • Visible condition issues−$35k −2.0%
  • Days-on-market gravity−$27k −1.5%
  • Transit access+$9k +0.5%
Cumulative NYC adjustments−$9k−0.5%

Property Read

FreshnessVerification recommended

The page is useful for research, but the status and price should be verified before acting.

Market Position-38% vs nearby

The asking price per square foot is below the nearby median, which can be worth a closer comp check.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read2 items to check
AI ReadinessReady to analyze
Assistant read

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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

Two Or More StoriesModern KitchenRental PropertyHardwood Floors

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

May 4, 2026Initial record
$1,099,000for sale

Public Records

DOB violations2 open

2 total recorded against the building

HPD violations1 open

43 total recorded

ACRIS documents18

Tax-lot deed, mortgage, and transfer records on file

311 calls (12 mo)34,182

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.

You can also find this listing on StreetEasy.

Listing data sourced from streeteasy.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.