$1,299,000

Estimated payment $7,817/month

Total Views 3,069
5 Beds
2 Baths
3,657 Sq Ft
$355 Price per Sq Ft

Highlights

  • Main Floor Bedroom
  • 5-minute walk to 167 Street (4 Line)
  • 2-minute walk to Nelson Avenue Playground
  • Baseboard Heating
  • West Facing Home

About This Home

Development & Investment Opportunity – 1120 Anderson Avenue, Bronx, NY
Unlock the potential at 1120 Anderson Avenue, a legal 2-family home with R7-1 zoning in the rapidly developing Highbridge section of the Bronx. This is a prime opportunity for investors, builders, or end-users seeking long-term value in one of the Bronx’s most active growth corridors.
Set on a residential block just minutes from Yankee Stadium and the Grand Concourse, this property offers multiple paths forward — whether you’re interested in maximizing rental income, expanding the existing structure, or pursuing a ground-up development (subject to zoning and approvals).
Key Highlights:
• Legal 2-family residence
• R7-1 zoning – explore redevelopment or expansion options
• Strong rental and resale potential
• Excellent location near the 4, B, and D subway lines, parks, and major highways
• Close proximity to shopping, schools, and hospitals
• Just 20 minutes to Midtown Manhattan

With the Bronx seeing increased interest from developers and buyers alike, 1120 Anderson Ave stands out as a smart acquisition with built-in flexibility and future upside. Properties with this zoning and location rarely last — act quickly.
?? Education Nearby:
Public: PS 73, PS 14, MS 301, Sheridan Academy
Charter/Private: Sacred Heart, All Hallows, Girls Prep
Higher Ed: Bronx Community College, DeVry College
Private showings available upon request.

Listing Agent

Jonny Lezi

Houlihan Lawrence Inc. Brokerage Phone: 914-636-6700 License #10401331602 Listed on: 05/16/2025

Houlihan Lawrence Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,700

Year Built

  • Built in 1920

Lot Details

  • 2,125 Sq Ft Lot
  • West Facing Home

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Schools

  • Contact Agent Elementary School
  • Contact Agent High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Baseboard Heating

Additional Features

  • Partially Finished Basement

Listing and Financial Details

  • Exclusions: chandelier, furniture & personal belongings
  • Assessor Parcel Number 02505-0044

Community Details

Overview

  • 2 Units

Building Details

  • 3 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,700

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property SubType: Duplex
  • Property Condition: Actual
  • Exclusions: chandelier, furniture & personal belongings
  • Year Built: 1920
  • Attribution Contact: 914-636-6700
  • Carport Y N: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: First Floor Bedroom, First Floor Full Bath
  • Full Bathrooms: 2
  • Basement: Partially Finished
  • Inclusions: Stoves & refrigerators included,as is.
  • Total Bedrooms: 5
  • Basement YN: Yes

Exterior Features

  • Direction Faces: West
  • Construction Materials: Brick
  • Pool Private: No
  • Spa: No
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 3
  • Garage Spaces: 2
  • Garage: Yes

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Baseboard
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Trash Collection Public, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.0488
  • Lot Size Sq Ft: 2125
  • Building Area Total: 3657
  • Parcel Number: 02505-0044
  • Property Attached: Yes
  • Additional Parcels: No

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 3
  • Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 7700
  • Tax Year: 2024

MLS Schools

  • Elementary School: Contact Agent
  • High School: Contact Agent
  • Middle School District: Bronx

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,684 $12,288 $2,046 $10,242
2024 $1,684 $12,182 $2,343 $9,839
2023 $1,677 $11,500 $2,269 $9,231
2022 $1,508 $48,540 $11,400 $37,140
2021 $1,444 $39,420 $11,400 $28,020
2020 $1,509 $40,800 $11,400 $29,400
2019 $1,465 $34,920 $11,400 $23,520
2018 $1,294 $9,583 $3,693 $5,890
2017 $1,198 $9,045 $3,337 $5,708
2016 $1,085 $8,536 $3,393 $5,143
2015 $590 $8,533 $2,581 $5,952
2014 $590 $8,460 $2,734 $5,726
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2025 05/16/25 For Sale $1,299,000 -- $355 / Sq Ft
Source: OneKey® MLS

Mortgage History

Date Status Loan Amount Loan Type
Closed $2,548 No Value Available
Source: Public Records

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Source: OneKey® MLS

MLS Number: 862635

OneKey® MLS

APN: 02505-0044