1845 Andrews Avenue Bronx, NY $ 2,299,999
1845 Andrews Avenue
$ 2,299,999
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1845 Andrews Avenue

Bronx, NY, 10453
$ 2,299,999
Bedrooms-- Baths-- Sq 4,187

Monthly Estimate*

$ 14,349

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Commercial Property for sale in Bronx, NY

for $2,299,999. This 4,187 square foot building was built in 1920 on a lot size of 0.0721.

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.

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Commercial Active

Price

$ 2,299,999

Property Type

Commercial

Taxes

$ 9,892

Style

Multi Family

Lot Size

0.0721

Year Built

1920

Town/City

Bronx

County/Region

Bronx

MLS | Web ID

941143

Features
General
Sewer Public Sewer
Heating Electric
Cooling Electric Wall/Window Unit(s)
Utilities Electricity Available Natural Gas Available
Appliances Dishwasher Gas Oven Gas Range Microwave Refrigerator Stainless Steel Appliance(s)
Zoning R5
Construction Materials Brick
Year Built 1920
Tenant Pays All Utilities
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Property Subtype Multi Family
Tax Year 2025
Parcel Number 02879-0301
Gross Income 10649
County Bronx County
Property Type Commercial Sale
Building Features Laundry Quartz/Quartzite Counter Tops Storm Windows
City New York
Number Of Units Total 5
Property Attached Y/N N
Tax Annual Amount 9892.76
Showing Instructions Please submit all tours on the platform:
Property Condition Updated/Remodeled
Virtual Tour https://youtube.com/shorts/zI2Iu35HPbg?feature=share
Building Area Units Square Feet
Standard Status Active
Tax Assessed Value 385200
Cap Rate 6
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Interior
Basement Common Finished Walk-Out Access
Flooring Hardwood
Basement Features Common Finished Walk-Out Access
Basement (Y/N) Y
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Exterior
Parking Features Garage Shared Driveway Garage Shared Driveway
Water Source Public
Total Parking 1
Parking Spaces 1
Building Area Total 4187
Waterfront Y/N N
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Internal Only
Street Number 1 1845
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* Excluded Features
List By
Jeffrie Pena

Listing Agent

Locqube New York, Inc.

Broker

jeff.pena@locqube.com

Email

Affordability Calculator

$15,173
Per Month
95%
5%
0%
Monthly Principal & Interest
$14,349
Monthly Property Taxes
$824
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4101131 Elementary School
4101327 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/4/2025$2,299,999 Listed Price

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1845 Andrews Avenue, Bronx, NY, 10453 is a Commercial Property for sale at $2,299,999 with 4,187 sqft and a lot size of 0.0721. 1845 Andrews Avenue was built in 1920. The property's zip code is 10453 which is in Bronx, NY