New York Multifamily is pleased to offer 1925 Andrews Avenue South, located in the lively neighborhood of University Heights. Situated between Burnside Avenue and 179th Street, this asset has been professionally managed by the same ownership group for over 25 years. Spanning 12,500 square feet across five stories, 1925 Andrews Avenue is composed of 11 units total. The property benefits from a prime location near the Middle School 390, Bronx Community College, and the Ohio Baseball Field, with convenient access to the 4, B and D subway lines.? THE OPPORTUNITY • The Building: This 11-unit, walk-up building features spacious family-sized apartments, thoughtfully designed to accommodate the needs of students and families at one of the nearby schools. It comprises 10 three-bedroom apartments and 1 two-bedroom apartment in the basement.? • The Metrics: 5.7 x GRM with a low basis of $88,636 per unit? • Prime Location – School Zone: 1925 Andrews Avenue is well located in close proximity to the Bronx Community College & The Middle School 390. • Preferential Rents: 100% of units benefit from preferred rents offering ~11k of annual upside between actual collected & DHCR rents.