1845 Andrews Avenue, Bronx, NY, 10453
1920
Introducing 1845 Andrews Avenue, a newly developed brick five-family offering premium modern living and strong investment stability in the fast-growing University Heights corridor. With approximately $169K in gross income and an estimated $150K NOI, this building delivers a solid 6.3% cap rate, making it an attractive opportunity for savvy investors seeking a high-quality, free-market asset. Inside, each residence showcases custom finishes and thoughtful design, including flint-grey cabinetry, stone breakfast bars, stainless steel appliances, and hardwood flooring throughout. Spacious living rooms flow seamlessly into the kitchens—ideal for entertaining—while well-placed powder rooms offer added convenience. Bedrooms in every unit easily accommodate full furniture sets, creating comfortable, livable spaces. Each unit comes with wall units that provide efficient heating and cooling. This five-family includes: • Two 3-bedroom units, with 1.5 Baths, one with private yard access • Two 1-bedroom units, one with an in-unit washer and dryer and private outdoor space • One 2-bedroom unit Perfectly positioned in Morris Heights/University Heights, the building is moments from playgrounds, supermarkets, restaurants, schools, and multiple transit options (4, B, D trains + Bx3/Bx18/Bx36). With quick access to major roadways and the George Washington Bridge, commuting is efficient and convenient. Building Amenities: • Common Laundry on-site • Storage • Garage parking • Security camera system • Pet-friendly • Tenants pay their own utilities. Whether you're an end user seeking modern comfort or an investor pursuing a newly built, free-market asset with strong income, 1845 Andrews Avenue stands out as a premier offering in University Heights.
Status:
Active
Type:
Commercial
Units:
5
Heating:
Electric
Cooling:
Electric, Wall/Window Unit(s)
Basement:
Common, Finished, Walk-Out Access
Parking:
1-car, Garage, Shared Driveway
Acreage:
0.07
Est. Taxes:
$9,893
Assessment
$385,200
Construction
Brick
Utilities
Electricity Available, Natural Gas Available
View Description:
City
Days on Market:
1
Appliances:
Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator, Stainless Steel Appliance(s)
MLS #:
941143
Community Info
School Info
Walk Score
Mass Transit
Yelp
Listing courtesy of Locqube New York, Inc. 347-657-1114