Property Details for 958 Anderson Ave

Year built

1908

Lot size

0.09 lot acres

Property size

10,152 SF

Zone code

R7-1

Property type

Apartment buildings

APN

02504-0061

APU

25040061

Description

This exceptional eight-unit multifamily property at 958 Anderson Avenue in the Bronx, New York, presents a compelling investment opportunity. Boasting a total of 10,152 square feet on a 0.09-acre lot, the building is currently fully occupied, generating strong rental income. The property comprises a diverse mix of units: four spacious four-bedroom units and four two-bedroom units, providing a variety of living options for tenants. Each unit is equipped with its own bathroom, resulting in a total of 24 bedrooms and 8 bathrooms across the entire building. A significant advantage is the month-to-month lease structure, offering flexibility and potential for increased rental income. The building also includes a basement unit with a separate entrance, featuring three bedrooms and one bathroom, adding to the overall rental potential. Conveniently located near Yankee Stadium, major schools, hospitals, and the Bronx Courthouse, this property benefits from excellent accessibility. Public transportation is readily available, with proximity to the 4 and D subway lines and several bus routes (Bx6, Bx13, BxM4, Bx2, Bx1, and BxM4). The landlord is responsible for maintenance, heat, and hot water, while tenants cover electricity and cooking gas. This turnkey investment is being sold as-is, offering a chance to acquire a profitable multifamily property in a prime Bronx location. The property's strong occupancy rate, diverse unit mix, and convenient location make it an attractive prospect for investors seeking a stable and potentially high-yielding asset.

Location Insight

City

Bronx

County

Bronx

State

New York

Longitude

-73.9276

Latitude

40.8312

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments