11-Unit Five-Story Apartment
For Sale
$4,799,000
1081 Anderson, Bronx, NY 10452
Newly completed rental apartments feature in-unit appliances, elevator service, and shared recreation and bicycle rooms.
Property Size9,978 SF
Price / SF$480.96
Days on Market167
Property Features for 1081 Anderson
General Information
Standard status
Active
Size
9,978 SF
Elevators
Yes
Property subtype
Commercial
Units
Unit Mix
3 x studio, 3 x one-bedroom, 4 x two-bedroom, 1 x three-bedroom
Multifamily Units
11
Taxes and HOA fees
Annual Taxes
$91
Amenities
recreation room
bike room
trash compactor room
refuse rooms
Building Details
Building Size
9,978 SF
Year Built
2025
Buildings
1
Stories
5
Units
11
Listing Agency:
Coldwell Banker Realty
(914) 967-0059
Listed By:
Anthony Bommarito
(914) 434-3460
Source:
Croninreale
Added: May 11
Changed: Oct 23
Last Checked: Oct 23 at 4:29PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty
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Investment Insights
Based on property information with market context.
Completed in 2025, this five-story apartment property at 1081 Anderson in the Highbridge section of the Bronx contains 9,978 SF and 11 rental units. The unit mix includes three studios, three one-bedroom apartments, four two-bedroom apartments, and one three-bedroom apartment, located on floors two through five. Interiors have vinyl flooring, custom cabinetry, quartz counters, stainless steel appliances, and Frederick heating and cooling units.
The first floor includes the lobby, recreation room, bicycle room, elevator, trash compactor room, and electrical meter room. Each floor also has a refuse room. The property is eligible for a 485X tax abatement for 35 years.
The first floor includes the lobby, recreation room, bicycle room, elevator, trash compactor room, and electrical meter room. Each floor also has a refuse room. The property is eligible for a 485X tax abatement for 35 years.
Key Highlights
- 11 apartments: 3 studios, 3 one‑bedroom, 4 two‑bedroom, and 1 three‑bedroom
- 9,978 SF, five‑story building completed in 2025
- Apartments occupy floors 2–5; first floor includes lobby and elevator
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$224,038
Cap Rate
4.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,480,760
$4.5M
Cap Rate 7%
$3,200,543
$3.2M
Cap Rate 9%
$2,489,311
$2.5M
Market Conditions
NOI Build-Up for 9,978 SF
Gross rent
$431.0K $43.20/SF
− Vacancy
−$23.7K −$2.38/SF
EGI
$407.3K $40.82/SF
− OpEx
−$183.3K −$18.37/SF
NOI
$224.0K $22.45/SF
Area
ZIP 10452
Vacancy
5.50%
Lease Rate
$43.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,480,760
Cap Rate 7%
$3,200,543
Cap Rate 9%
$2,489,311
Alternative Uses
Best Use
Apartment 5plus
$3.20M
$2.80M – $3.73M
NOI $224,038 @ 7.0% cap · market cap 4.67%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.05M
$4.42M – $5.89M
NOI $353,461 @ 7.0% cap · market cap 7.37%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
11
Residential units
Location Intelligence
Trade Area within ½ mile
4,140
Businesses Nearby
Explore this area
Business Placement
Demographics for 10452, NY
77,564
Population
28,854
Households
2.7
Avg Household Size
35
Median Age
14%
College-Educated
71%
High-School Grad
1.0 sq mi
ZIP Area
77,564
Density / Sq Mi
$37,854
Median Household Income
$32,732
Median Earnings
$1,367
Median Rent
$263,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - Newly completed rental apartments feature in-unit appliances, elevator service, and shared recreation and bicycle rooms.
Where is this apartment building located?
The property is located at 1081 Anderson Bronx, NY.
What is the asking price?
The asking price for this property is $4,799,000.
What are key features of this property?
This property features: 11 apartments: 3 studios, 3 one‑bedroom, 4 two‑bedroom, and 1 three‑bedroom; 9,978 SF, five‑story building completed in 2025; Apartments occupy floors 2–5; first floor includes lobby and elevator
