959 Anderson AveThe Bronx, NY 10452

This exceptional investment opportunity presents a brand-new, seven-story multifamily building located at 959 Anderson Avenue in the Bronx, New York. Completed in 2023, this 18,781 square foot property boasts 26 units, including 2 studios, 15 one-bedroom units, and 9 two-bedroom units, along with 8 parking spaces. The building enjoys a 100% occupancy rate, generating a substantial net operating income (NOI) of $845,595, resulting in an attractive 8.50% capitalization rate. The asking price is $9,950,000. This stabilized investment benefits from a 421A tax abatement for the next 35 years, ensuring long-term financial stability. All units are occupied by program tenants providing reliable, consistent monthly rent payments. This property represents a rare opportunity to acquire a high-performing, newly constructed multifamily asset in a rapidly growing market. The building's modern design and prime location in Bronx County, zip code 10452, combine to create a highly desirable investment.