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1072 University Ave, Bronx, NY 10452

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For Sale

$2,600,000

10 baths • 6,842 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $380.01
    Price per square foot

  • New Construction, 6-10 Years Old
    Age

Explore this Property

Introducing 1072 University Avenue - a rare, young-construction 10-family building boasting nearly 7,000 square feet of well-designed, income-producing space in the rapidly developing Highbridge section of the Bronx. Built with quality craftsmanship and long-term durability, this modern asset offers investors a hassle-free opportunity with strong upside potential. The building features a diverse unit mix ideal for the area's rental demand: 4 spacious studios, 5 one-bedrooms, and 1 two-bedroom duplex unit, all thoughtfully laid out with contemporary finishes and excellent natural light. The property can be delivered with up to 7 vacant units, allowing an incoming investor to raise rents, improve cash flow, or reposition the asset according to their investment strategy. Located just minutes from Yankee Stadium, the 4, B, and D subway lines, as well as major highways, this property offers tenants unparalleled access to Manhattan, local retail, parks, and schools - making it a highly desirable location for renters and a smart acquisition for investors. Key Highlights: 1) Young construction - low-maintenance asset with modern systems 2)Nearly 7,000K SQFT across 10 residential units 3) Desirable unit mix: 4 studios, 5 one-bedrooms, 1 two-bedroom 4) Potential to be delivered with 7 vacancies - rare value-add opportunity 5) Prime Highbridge location near transit, retail, and entertainment 6) Strong fundamentals with future rent growth potential Whether you're seeking to add a high-quality Bronx asset to your portfolio or looking for a value-driven investment in a thriving rental market, 1072 University Ave is a rare opportunity worth pursuing.
MLS# 11547527

Courtesy Of Discover LLC

(347) 876-9337

Property Features

  • Age
    New Construction, 6-10 Years Old
  • Architecture Style
    Other
  • Exterior Type
    Brick
  • Floor Covering
    Hardwood
  • Heating System
    Baseboard

Map and Directions

Directions to 1072 University Ave, Bronx, NY 10452

Home seller CENTURY 21 Milestone Team Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Milestone Team Realty

(718) 291-7000
Learn More About Us

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.