$9,500,000
Updated a year ago
Off Market
959 Anderson Ave
High Bridge, Bronx | West 162nd Street & West 164th Street
18,781 Square FeetIncome Property
$9,500,000
floors / apts7 / 26
Lot Size50'x100'
ZoneR7-1
Building TypeLow-Rise
RE Taxes$3,000
Price Per SF
$506
Building Amenities
- Elevator
- Laundry Room
- Outdoor Parking
Property Description for 959 Anderson Ave
Introducing 959 Anderson Avenue a turn key new construction 26 Family a one block from Yankee Stadium in the heart of Highbridge Bronx. Tenants are all paying & the current NOI is $815,000. (8.5% Cap Rate) The Colliers appraisal given last week values 959 Anderson at $11,500,000. The property has a new 35 year 421A tax abatement & was recently occupied this year. (the tenants are all up to date & the avg. rent is $3200 with a mix of 1/2br units) The full setup & appraisal is available for qualified buyers.
Listing History for 959 Anderson Ave
Now
10/03/2025
TOM by Nathaniel J. Smith
Oxford Property Group
09/25/2025
$9,500,000
Initial Price by Nathaniel J. Smith
Oxford Property Group
Building Details for 959 Anderson Ave
OwnershipIncome Property
Building TypeLow-Rise
AgePost-War
AccessElevator
Year Built2023
Floors/Apts7/26
Transit and Citi Bike
Subway
161 St-Yankee Stadium
0.27 miles
167 St
0.45 miles
Railroad
Highbridge YardMetro-North Railroad
0.36 miles
Yankees-E 153 StMetro-North Railroad
0.44 miles
Citi Bike
Jerome Ave & Anderson Ave
0.1 miles
Jerome Ave & E 164 St
0.1 miles
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 76013TH
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