New York, NY 10452

Property

Ownership: For Sale
Type: Duplex
Bedrooms: 5 BR
Bathrooms: 2
Pets: Pets No
Lot Size: 0.05 Acres

Financials

Price:$1,299,000
Annual Taxes:$7,700
505 Park Ave, New York, NY 10022
Listing Courtesy of Houlihan Lawrence Inc.

Description

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.

Amenities

  • Cable Connected
  • Electricity Connected
  • First Floor Bedroom
  • First Floor Full Bath
  • Natural Gas Connected
  • Phone Connected
  • Sewer Connected
  • Trash Collection Public
  • Water Connected

Development amp ; 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 ...


    Long Island MLS

    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. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

    All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.