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1092 Anderson Ave
Bronx, NY 10452
1173 Nelson Ave & 1092 Anderson Ave · Multifamily Property For Sale
INVESTMENT HIGHLIGHTS
- Positioned in Highbridge, this portfolio offers investors stability and growth potential fueled by revitalization and proximity to Manhattan.
- Located in a densely populated Bronx neighborhood with cultural landmarks and parks, supported by strong renter demographics and occupancy trends.
- Exceptional transit access via the 4 train, multiple bus routes, and Major Deegan Expressway ensures strong connectivity and sustained rental demand.
- Strategic location near Yankee Stadium, Bronx Lebanon Hospital, and retail corridors positions the assets for long-term economic growth and demand.
EXECUTIVE SUMMARY
Opportunity to acquire two well-maintained, professionally managed walk-up multifamily buildings in the historic Highbridge neighborhood of the Bronx. Together, these assets comprise approximately 70,000 square feet and 82 residential units, featuring a diverse mix of studios, one-, two-, and three-bedroom layouts, plus a supers unit. The properties benefit from over 30 years of long-term ownership and operational stability, offering immediate scale and management efficiencies due to their close proximity. Additional upside is realized through an existing antenna lease with a profit-sharing agreement, creating supplementary income streams.
Positioned within an R7-1 zoning district, the portfolio offers future development potential supported by favorable FAR and air rights. Residents enjoy excellent connectivity via the Major Deegan Expressway, Jerome Avenue, multiple bus lines, and the 4 train at 167th Street, while being minutes from Yankee Stadium, Bronx Lebanon Hospital, and Highbridge Park. With an asking price of, this investment combines strong in-place cash flow, potential tax benefits, and long-term growth in one of the Bronx’s most vibrant communities.
Positioned within an R7-1 zoning district, the portfolio offers future development potential supported by favorable FAR and air rights. Residents enjoy excellent connectivity via the Major Deegan Expressway, Jerome Avenue, multiple bus lines, and the 4 train at 167th Street, while being minutes from Yankee Stadium, Bronx Lebanon Hospital, and Highbridge Park. With an asking price of, this investment combines strong in-place cash flow, potential tax benefits, and long-term growth in one of the Bronx’s most vibrant communities.
PROPERTY FACTS
| Price / SF | $113.69 CAD / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 69,985 SF |
| Status | Active | Total Land Area | 0.44 AC |
| Number of Properties | 2 |
| Price / SF | $113.69 CAD / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 69,985 SF |
| Total Land Area | 0.44 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 1173-1177 Nelson Ave, Bronx, NY 10452 | Multifamily | 53,385 SF | 1926 | - |
| 1092 Anderson Ave, Bronx, NY 10452 | Multifamily | 16,600 SF | 1928 | - |
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