Interconnected Elevator Apartment
For Sale
Contact for pricing
Pending
1950 Andrews Ave S The, Bronx, NY 10453
Interconnected elevator apartment buildings with 224 rentable units plus one superintendent apartment.
Property SizeContact for details
Days on Market143
Property Features for 1950 Andrews Ave S The
General Information
Standard status
Pending
Property subtype
Multifamily
Additional Details
Multifamily Units
225
Building Details
Year Built
1926
Tenancy
Multi
Listing Agency:
Friedman Roth Realty Services LLC
(646) 794-1488
Listed By:
Lynda Blumberg · License #NY 30BL0743805
Source:
Crexi
Added: Apr 11
Changed: Aug 13
Last Checked: Aug 30 at 11:52PM
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 Friedman Roth Realty Services LLC
Investment Insights
Based on property information with market context.
This offering features interconnected elevator-served apartment buildings with a total of 224 rentable units and one supers apartment. The property was built in 1926.
The current configuration reflects an acquisition that involved rehabilitation and affordable housing financing structured as a tax credit deal, resulting in the creation of new rehab housing for low- and moderate-income residents.
The buildings are presented as a single interconnected multifamily investment with an existing unit count of 225 total apartments when including the superintendent unit.
The current configuration reflects an acquisition that involved rehabilitation and affordable housing financing structured as a tax credit deal, resulting in the creation of new rehab housing for low- and moderate-income residents.
The buildings are presented as a single interconnected multifamily investment with an existing unit count of 225 total apartments when including the superintendent unit.
Key Highlights
- Interconnected elevator apartment buildings with 224 rentable units plus 1 superintendent apartment
- Built in 1926
- Involves a rehab and affordable housing tax credit deal creating housing for low and moderate income
Property Analytics
Current Use
Lease Details
225
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
5,105
Businesses Nearby
Explore this area
Business Placement
Demographics for 10453, NY
81,951
Population
28,801
Households
2.8
Avg Household Size
34
Median Age
15%
College-Educated
69%
High-School Grad
0.9 sq mi
ZIP Area
91,057
Density / Sq Mi
$35,482
Median Household Income
$30,097
Median Earnings
$1,393
Median Rent
$580,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Apartment building - Interconnected elevator apartment buildings with 224 rentable units plus one superintendent apartment.
Where is this apartment building located?
The property is located at 1950 Andrews Ave S The Bronx, NY.
What are key features of this property?
This property features: Interconnected elevator apartment buildings with 224 rentable units plus 1 superintendent apartment; Built in 1926; Involves a rehab and affordable housing tax credit deal creating housing for low and moderate income
