1122 Anderson Ave The Bronx, NY 10452

Property Details for 1122 Anderson Ave

Year built

1920

Lot size

0.05 lot acres

Property size

2,900 SF

Property type

Commercial real estate

APN

02505-0045

Description

This exceptional investment opportunity presents a charming two-unit apartment building situated at 1122 Anderson Avenue in the burgeoning Highbridge neighborhood of the Bronx, New York. Built in 1920, this two-story structure boasts a total of 2,900 square feet and sits on a 0.05-acre lot. The property is zoned R7, offering potential for future development or expansion. Each unit provides ample living space, and the property includes a finished basement, adding further value and utility. The asking price for this multifamily property is $1,200,000. The property's address is 1122 Anderson Avenue, The Bronx, NY 10452, and its APN is 02505-0045. This property represents a strong investment in a rapidly developing area, offering both immediate rental income and long-term appreciation potential. The building's solid construction and desirable location make it an attractive prospect for savvy investors seeking a stable and profitable addition to their portfolio. The finished basement provides additional space that could be utilized for various purposes, enhancing the overall value and versatility of the property. This is a rare opportunity to acquire a well-maintained multifamily property in a high-growth area of the Bronx.