Bronx, NY 10453,1845 Andrews AVE
Bronx, NY 10453,1845 Andrews AVE
Bronx, NY 10453,1845 Andrews AVE
50
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$2,299,999
Est. payment /mo
3,140 Sqft Lot
Active

1845 Andrews AVE Bronx, NY 10453

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Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 941143

Rental Info No

Year Built 1920

Annual Tax Amount $9,892

Lot Size 3,140 Sqft

Acres 0.0721

Property Sub-Type Multi Family

Source onekey2

Property 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 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.

Location

State NY

County Bronx County

Rooms

Basement Common, Finished, Walk-Out Access

Interior

Heating Electric

Cooling Electric, Wall/Window Unit(s)

Flooring Hardwood

Fireplace No

Appliance Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator, Stainless Steel Appliance(s)

Exterior

Parking Features Garage, Shared Driveway

Utilities Available Electricity Available, Natural Gas Available

View City

Total Parking Spaces 1

Building

Sewer Public Sewer

Water Public

Structure Type Brick

Others

Special Listing Condition None

Virtual Tour https://youtube.com/shorts/zI2Iu35HPbg?feature=share


Listed by Locqube New York, Inc. • Jeffrie Pena

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1845 Andrews AVE