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For SaleLuxury

$2,299,999

320 days on market

1845 Andrews Avenue

Bronx, NY 10453

· 8% down, 7% APR, 30yr fixed

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Beds

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Baths

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Square feet

1920

Built

Listing narrative

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.

Listing agent (MLS): Jeffrie Pena · Listing brokerage (MLS): Locqube New York, Inc.

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$2,299,999

Beds

Beds n/a

Type

Commercial

MLS subtype

Multi Family

Home Size

Sqft n/a

Baths

Baths n/a

Lot Size

3,141 sqft

Year

1920

Status

For Sale

Days on Market

320

· 8% down, 7% APR, 30yr fixed
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Courtesy of Locqube New York, Inc.