New York Multifamily is pleased to offer 1925 Andrews Avenue South, located in the lively neighborhood of University Heights. Situated between Burnside Avenue and 179th Street, the same ownership group has professionally managed this asset for over 25 years. Spanning 12,500 square feet across five stories, 1925 Andrews Avenue is composed of 11 units. The property benefits from a prime location near Middle School 390, Bronx Community College, and the Ohio Baseball Field, with convenient access to the 4, B, and D subway lines.
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 one two-bedroom apartment in the basement. 1925 Andrews Avenue is located near Bronx Community College and Middle School 390.
Preferential Rents: All units benefit from preferred rents, which offer 11k of annual upside between actual collected and DHCR rents.