1845 Andrews Avenue,Bronx, NY 10453
Bronx, NY 10453
Description
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 kitchensideal for entertainingwhile 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.
Details
| MLS # | 941143 |
|---|---|
| Listing Type | For Sale |
| Style | Multi-Family |
| Sub-Type | Resale |
| Status | Active |
| Year | 1920 |
| Days On Site | 263 |
| Listing Provided By | Locqube New York, Inc. | Jeffrie Pena |
Features
| SQ Feet | 4,187 |
|---|---|
| Basement | Y |
| Units | 5 |
| Zoning | R5 |
| Acreage | 0.07 |
| Property View | City |
Interior
| Cooling | Electric, Wall/Window Unit(s) |
|---|---|
| Heating | Electric |
| Appliances | Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator, Stainless Steel Appliance(s) |
Exterior
| Construction Materials | Brick |
|---|
Parking
| Parking Features | Garage, Shared Driveway |
|---|
Utilities
| Utilities | Electricity Available, Natural Gas Available |
|---|---|
| Sewer | Public Sewer |
Taxes
| Tax Year | 2025 |
|---|---|
| Tax Assessed Value | 385200 |
| Tax Annual Amount | 9892.76 |
Area Information
| State | NY |
|---|---|
| County | Bronx County |
| City | Bronx |
| Zip Code | 10453 |
| Listing VS Median (in 10453) | |
Price: $2,299,999 low | high Med: $950,000 sqft: 4,187 low | high Med: 2,489 $ / sqft: $549 low | high Med: $387 On site: 263 low | high Med: 220.5 | |
Market Activity 10453
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Learn More About This Property
| State | NY |
|---|---|
| County | Bronx County |
| City | Bronx |
| Zip Code | 10453 |
| Listing VS Median (in 10453) | |
Price: $2,299,999 low | high Med: $950,000 sqft: 4,187 low | high Med: 2,489 $ / sqft: $549 low | high Med: $387 On site: 263 low | high Med: 220.5 | |
 | $900,0001825 S Andrews AvenueBronx, NY 10453 |
 | $1,349,0001858 Phelan PlaceBronx, NY 10453 |