BEDS0
BATHS
MLS#941143
STATUSActive
PROPERTY TYPECommercial -
Property Description
Introducing 1845 Andrews Avenue, a newly developed brick five-family offering premium modern living and strong investment stability in the fast-growing University Heights corridor. With approximately $169K in gross income and an estimated $150K NOI, this building delivers a solid 6.3% cap rate, making it an attractive opportunity for savvy investors seeking a high-quality, free-market asset.Inside, each residence showcases custom finishes and thoughtful design, including flint-grey cabinetry, stone breakfast bars, stainless steel appliances, and hardwood flooring throughout. Spacious living rooms flow seamlessly into the kitchens-ideal for entertaining-while well-placed powder rooms offer added convenience. Bedrooms in every unit easily accommodate full furniture sets, creating comfortable, livable spaces. Each unit comes with wall units that provide efficient heating and cooling. This five-family includes: 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 One 2-bedroom unit Perfectly positioned in Morris Heights/University Heights, the building is moments from playgrounds, supermarkets, restaurants, schools, and multiple transit options (4, B, D trains + Bx3/Bx18/Bx36). With quick access to major roadways and the George Washington Bridge, commuting is efficient and convenient.Building Amenities: Common Laundry on-site Storage Garage parking Security camera system Pet-friendly Tenants pay their own utilities.Whether you're an end user seeking modern comfort or an investor pursuing a newly built, free-market asset with strong income, 1845 Andrews Avenue stands out as a premier offering in University Heights.
Property Features
Property Type: Commercial -
Basement: Yes
Basement: Common, Finished, Walk-Out Access
Cooling: Electric, Wall/Window Unit(s)
Heating: Electric
Lot Size: 0.07 Acres
Taxes: $9,892
Year Built: 1920
Feature Descriptions
Appliances: Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator, Stainless Steel Appliance(s)
Building Area Total: 4187
Building Features: Laundry, Quartz/Quartzite Counter Tops, Storm Windows
Cap Rate: 6
Days on Site: 211
Exterior: Brick
Flooring: Hardwood
On Market Date: 2025-12-04
Parcel Number: 02879-0301
Parking Features: Garage, Shared Driveway
Parking Total: 1
Rental Term: Monthly
Separate Electric Meters: 5
Sewer: Public Sewer
Special View Info: City
Tenant Pays: All Utilities
Units: 5
Utilities: Electricity Available, Natural Gas Available
Water: Public
Listed By / Shown By
Listing By
Agency Name: Locqube New York, Inc.
Agency Phone: 347-657-1114
Shown By
Agency Title: Joyce Realty
Agency Phone: (800-275-5692)
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Corporate Headquarters
7 E Central Ave, Unit 15, Pearl River, NY 10965Phone: 800-ASK-JOYCE (800-275-5692)
Joyce Realty® and Logo are registered trademarks of US Patent & Trademark Office: Reg. No. 5,743,966-Ser. No. 88-0075,379. All rights reserved.
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 07/03/2026. The listing information on this page last changed on 07/03/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 07/03/2026 12:25:34 AM EST) or NJMLS/ IDX (last updated Thu 07/02/2026 11:23:56 PM EST) or OneKey MLS (last updated Fri 07/03/2026 12:21:35 AM EST) or REBNY MLS (last updated Thu 07/02/2026 9:21:55 PM EST). Real estate listings held by brokerage firms other than Joyce Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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1845 Andrews Avenue | MLS# 941143
This commercial property located at 1845 Andrews Avenue, Bronx, NY 10453 is currently listed for sale with an asking price of $2,299,999. Search Bronx real estate on www.joycerealty.com today.