Property

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

Financials

Price:$1,279,000
Annual Taxes:$7,700
505 Park Ave, New York, NY 10022
Listing Courtesy of Houlihan Lawrence Inc.

Description

Welcome to 1120 Anderson Avenue — a legal 2-family home offering space, flexibility, and long-term value in the heart of the Bronx. This well-located property is perfect for buyers looking to live in one unit while generating rental income from the other. With solid structure, high ceilings, and spacious layouts, it’s ideal for extended families, multigenerational living, or those seeking to offset monthly mortgage costs. Situated on a residential block in the Highbridge section, just minutes from Yankee Stadium, Grand Concourse, and the 4, B, and D trains, this home combines convenience with opportunity. Zoned R7-1, the property also offers long-term potential for expansion or redevelopment (consult your architect for details). Key Features: • Legal 2-family layout • Ideal for live-in owners with rental income from second unit • Spacious interiors with flexible use potential • Located near parks, shopping, schools, and major subway lines • Zoning: R7-1 – future development flexibility for the right buyer • 20 minutes to Midtown Manhattan • Close to top local schools and higher education institutions Whether you’re stepping into homeownership or looking for a smart, income-producing property in a rapidly evolving neighborhood, 1120 Anderson Avenue delivers comfort today and potential for tomorrow. Private showings available by appointment.

Amenities

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

Welcome to 1120 Anderson Avenue a legal 2 family home offering space, flexibility, and long term value in the heart of the Bronx.


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.