1845 Andrews Ave The, Bronx, NY 10453

Building Details

Year Built

1920

Listing office Pantiga Group Inc. j***@locqube.com Show Phone

Listing date Mar 10, 2026

Source Elliman

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 Pantiga Group Inc.

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Overview

Located in the University Heights corridor, 1845 Andrews Avenue is a newly developed five-family brick building. The property generates approximately $169K in gross income and an estimated $150K NOI, yielding a 6.3% cap rate. Each residence features custom finishes, including flint-grey cabinetry, stone breakfast bars, stainless steel appliances, and hardwood flooring. The layouts include spacious living rooms that flow into the kitchens, along with powder rooms. Bedrooms in each unit can accommodate full furniture sets. Heating and cooling are provided by wall units in each apartment. The building comprises 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), and one 2-bedroom unit. Building amenities include on-site common laundry, storage, garage parking, and a security camera system. The building is pet-friendly, and tenants are responsible for their own utilities. Situated in Morris Heights/University Heights, the property is near playgrounds, supermarkets, restaurants, schools, and multiple transit options (4, B, D trains + Bx3/Bx18/Bx36). It also offers access to major roadways and the George Washington Bridge.

Suggested Use

Law Firm Real Estate Agency Gym & Fitness Center Acupuncture Skin Care Clinic HVAC Service Kitchen & Bath Showroom Electrical Service Hotel & Motel Nursing Home

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

Location Insight

• Map
• Local Demand

City

Bronx

County

Bronx

State

New York

Longitude

-73.9144

Latitude

40.8533

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FAQs

What type of property is this?

Apartment building - Five-family building with modern finishes and strong investment potential.

Where is this apartment building located?

The property is located at 1845 Andrews Ave The Bronx, NY.

What is the asking price?

The asking price for this property is $2,299,999.

What are key features of this property?

This property features: Strong investment opportunity with a 6.3% cap rate and estimated $150K NOI; Newly developed five‑family building with free‑market status; Modern, high‑end finishes include stainless steel appliances, stone breakfast bars, and hardwood floors