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    958 Anderson Ave, Unit The Bronx, NY 10452

    For Sale
    $1,300,000

    Fully occupied 8-unit building near transportation and local amenities.

    Lot size:
    0.09 Acres

    Property Features for 958 Anderson Ave

    General Information

    Lot size
    0.09 Acres

    Building Details

    Year built
    1908

    Source: Progress Realty Inc. Agent Mohammad A. Hossen

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Multifamily Building Near Yankee Stadium

    This fully occupied eight-unit building presents an investment opportunity in a major location. The property features a mix of four four-bedroom units and four two-bedroom units. The total interior square footage is 10,152. A basement unit with a separate entrance offers a three-bedroom, one-bathroom layout. Located near Yankee Stadium, major schools, hospitals, and the Bronx Courthouse, the property benefits from convenient access to public transportation, including the 4 and D subway lines and several bus routes: Bx6, Bx13, BxM4, Bx2, Bx1, and BxM4. The tenants are responsible for electricity and cooking gas. The landlord covers maintenance, heat, and hot water. All leases are month-to-month, offering strong rental potential.
    Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bronx
    County
    Bronx
    State
    New York
    Longitude
    -73.927593
    Latitude
    40.831157

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    FAQs

    What type of property is this?
    Apartment building - Fully occupied 8-unit building near transportation and local amenities.
    Where is this apartment building located?
    The property is located at 958 Anderson Ave, Unit The Bronx, NY.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: - Fully occupied eight-unit building offering immediate rental income.; - Diverse unit mix: Four spacious four-bedroom units and four two-bedroom units.; - Excellent location near Yankee Stadium, major schools, hospitals, and the Bronx Courthouse.
    (929) 356-1391
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    958 Anderson Ave, Unit The Bronx, NY 10452
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