Buy with Yoreevo
$2,259,749
List Price: $2,299,999
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1845 Andrews Avenue
Apartment in Morris Heights •  building info
studio • 3,139ft² $733 per ft²
Buy with Yoreevo

$2,259,749

List Price

$2,299,999

Key Details
Days on market
16
Last price change
loading...
Estimated payment
$12,745/mo
Taxes
N/A
Maintenance
N/A
Description
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: • Two 3-bedroom units, with 1.5 Baths, one with private yard access • Two 1-bedroom units, one with an in-unit washer and dryer and private outdoor space • 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: • Common Laundry on-site • Storage • Garage parking • Security camera system • Pet-friendly • 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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Home features
Dishwasher
Hardwood floors
Building amenities
Services and facilities
Parking Available
Building info

History
What it'll cost
Purchase price
$2,299,000
Asking Price: $2,299,999
Term
30 Years
Down Payment
$229,000 (10%)
Min: 10% (229,000)
Rate
6.25 %
Mortgage Amount
$2,069,999
Mortgage Payment
$12,745
Estimated Yoreevo rebate
$40,250
Estimated closing cost
$36,000
Total monthly cost $12,745
Buy your dream home with us and get an estimated $40,250 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Locqube New York Inc.

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