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.
Listed by Jonny Lezi
·
Houlihan Lawrence Inc.
·
914-636-6700
Last updated October 02, 2025
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Source: OneKey #862635
Listing Facts
TypeMulti-family
NeighborhoodHighbridge
Bedrooms5
Bathrooms2
Days on Prevu160
Taxes$7,700/year
Amenities
Parking
Location
Mortgage Calculator
Listing History
10/01/2025
Status changed to Active
$1,100,000
09/30/2025
Status changed to Removed from Feed
$1,100,000
09/03/2025
Status changed to Temporarily Off Market
$1,100,000
08/22/2025
Price Decreased
$1,100,000
07/30/2025
Status changed to Active
$1,279,000
07/28/2025
Price Decreased
$1,279,000
07/25/2025
Status changed to Temporarily Off Market
$1,299,000
05/16/2025
Listed by Houlihan Lawrence Inc.
$1,299,000
Estimated Closing Costs
Total
$42,390
Attorney Fees
$4,000
NYC Mansion Tax
$11,000
Title Insurance
$4,950
Bank Attorney
$1,500
Mortgage Recording Tax
$16,940
Other Closing Costs
$4,000
Estimated closing costs are based on the list price of $1,100,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.
Property Details for 1120 Anderson Avenue
Exterior
Construction
Number Of Units Total: 2
Property Attached: Yes
Property Condition: Actual
Year Built: 1920
Construction Materials: Brick
Features
Direction Faces: West
Measurements
Building Area Total: 3,657
Building Area Units: Square Feet
Lot Size Acres: 0.04
Lot Size Square Feet: 2,125
Financial
Taxes
Parcel Number: 02505-0044
Tax Annual Amount: $7,700.00
Tax Assessed Value: $59,280.00
Tax Year: 2024
Interior
Features
Interior Features: First Floor Bedroom, First Floor Full Bath
Rooms
Basement: Partially Finished
Has Basement: Yes
Bathrooms Full: 2
Bathrooms Total Integer: 2
Bedrooms Total: 5
Other
General
Exclusions: chandelier, furniture & personal belongings
Parking
Parking
Garage Spaces: 2
Garage: Yes
Parking Total: 3
Schools
Elementary School
Elementary School District: Bronx
High School
High School District: Bronx
Middle or Junior School
Middle Or Junior School District: Bronx
Utilities
Equipment
Cooling: Wall/Window Unit(s)
Heating: Baseboard
Sewer: Public Sewer
Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Trash Collection Public, Water Connected
Water Source: Public
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