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Listed by Jeffrie Pena of Locqube New York,Inc.
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: o Two 3-bedroom units, with 1.5 Baths, one with private yard access o Two 1-bedroom units, one with an in-unit washer and dryer and private outdoor space o 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: o Common Laundry on-site o Storage o Garage parking o Security camera system o Pet-friendly o 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.

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Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of May 27, 2026 5:22 PM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement.

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