Multifamily
1925 Andrews Ave S
1925 Andrews Ave S, The Bronx, NY 10453
Listing Price: $1,200,000
Investment Overview
THE OFFERING
Marcus & Millichap is pleased to offer 1925 Andrews Avenue South, located in the lively neighborhood of University Heights. Situated between Burnside Avenue and 179th Street, this asset has been professionally managed by the same ownership group for over 25 years. Spanning 12,500 square feet across five stories, 1925 Andrews Avenue is composed of 11 units total. The property benefits from a prime location near the Middle School 390, Bronx Community College, and the Ohio Baseball Field, with convenient access to the 4, B and D subway lines.?
THE OPPORTUNITY
The Building: This 11-unit, walk-up building features spacious family-sized apartments, thoughtfully designed to accommodate the needs of students and families at one of the nearby schools. It comprises 10 three-bedroom apartments and 1 two-bedroom apartment in the basement.?
The Metrics: 7.1x GRM with a low basis of $109,091 per unit?
Prime Location – School Zone: 1925 Andrews Avenue is well located in close proximity to the Bronx Community College & The Middle School 390.
1925 Andrews Ave S
Investment Highlights
- The Building: This 11-unit, walk-up building features spacious family-sized apartments, thoughtfully designed to accommodate the needs of students and families at one of the nearby schools.
- Prime Location – School Zone: 1925 Andrews Avenue is well located in close proximity to the Bronx Community College & The Middle School 390.
- The Metrics: 7.1x GRM with a low basis of $109,091 per unit?
Exclusively Listed By
Listing Price: $1,200,000
Investment Highlights
- The Building: This 11-unit, walk-up building features spacious family-sized apartments, thoughtfully designed to accommodate the needs of students and families at one of the nearby schools.
- Prime Location – School Zone: 1925 Andrews Avenue is well located in close proximity to the Bronx Community College & The Middle School 390.
- The Metrics: 7.1x GRM with a low basis of $109,091 per unit?
Investment Overview
THE OFFERING Marcus & Millichap is pleased to offer 1925 Andrews Avenue South, located in the lively neighborhood of University Heights. Situated between Burnside Avenue and 179th Street, this asset has been professionally managed by the same ownership group for over 25 years. Spanning 12,500 square feet across five stories, 1925 Andrews Avenue is composed of 11 units total. The property benefits from a prime location near the Middle School 390, Bronx Community College, and the Ohio Baseball Field, with convenient access to the 4, B and D subway lines.? THE OPPORTUNITY The Building: This 11-unit, walk-up building features spacious family-sized apartments, thoughtfully designed to accommodate the needs of students and families at one of the nearby schools. It comprises 10 three-bedroom apartments and 1 two-bedroom apartment in the basement.? The Metrics: 7.1x GRM with a low basis of $109,091 per unit? Prime Location – School Zone: 1925 Andrews Avenue is well located in close proximity to the Bronx Community College & The Middle School 390.
Exclusively Listed By
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