959 Anderson Ave Bronx, NY 10452-5601
Property Lookup
Property profile & analytics
959 Anderson Ave Bronx, NY 10452-5601
- Apartment buildings
- 18,781 SF
- 0.11 lot acres
Property ID
US63-2741181
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Apartment buildings
Property Details for 959 Anderson Ave
- Year built
- 2022
- Lot size
- 0.11 lot acres
- Property size
- 18,781 SF
- Zone code
- R7-1
- Property type
- Apartment buildings
- APN
- 02507-0032
- APU
- 25070032
Description
This exceptional investment opportunity presents a brand-new, seven-story multifamily building located at 959 Anderson Avenue in the Bronx, New York. Completed in 2023, this 18,781 square foot property boasts 26 units, including 2 studios, 15 one-bedroom units, and 9 two-bedroom units, along with 8 parking spaces. The building enjoys a 100% occupancy rate, generating a substantial net operating income (NOI) of $845,595, resulting in an attractive 8.50% capitalization rate. The asking price is $9,950,000. This stabilized investment benefits from a 421A tax abatement for the next 35 years, ensuring long-term financial stability. All units are occupied by program tenants providing reliable, consistent monthly rent payments. This property represents a rare opportunity to acquire a high-performing, newly constructed multifamily asset in a rapidly growing market. The building's modern design and prime location in Bronx County, zip code 10452, combine to create a highly desirable investment.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $840,000
- ML approach
- $845,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Bronx
- County
- Bronx
- State
- New York
- Longitude
- -73.9281
- Latitude
- 40.8315
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$184,403
$39,937
$1,435,050
$1,474,987
-
$214,000
$3,189,000
$3,403,000
