Building
| Type: | Low-rise |
|---|---|
| Era: | Pre-war |
| Floors: | 9 |
Property
| Ownership: | Condo |
|---|---|
| Rooms: | 4 |
| Bedrooms: | 2 BR |
| Bathrooms: | 1.5 |
| Pets: | Pets No |
FinancialsPrice: $925,000 Common charges: $462 Real estate tax: $46 Financing Allowed: 90% Minimum down: $92,500
| Price: | $925,000 |
|---|---|
| Common charges: | $462 |
| Real estate tax: | $46 |
| Financing Allowed: | 90% |
| Minimum down: | $92,500 |
505 Park Ave, New York, NY 10022 Phone: +1212-252-8772 | |
| Courtesy of Corcoran Group | |
DescriptionSeize the chance to own a high-end, tenant-occupied apartment in the thriving neighborhood of South Harlem. This investment opportunity offers significant yield potential, backed by robust real estate growth and long-term tax advantages.
This is more than just a stylish, well-equipped apartment; it's a sustainable revenue generator. The property comes with a reliable, well-qualified tenant in place, who contributes a substantial monthly rent of $3,510 (Lease Expires 12/31/2024). What's more, with a 421A tax abatement valid for another 18 years, you can look forward to a substantial reduction in property taxes, enhancing your net return on investment.
Step into an elegant, open living room illuminated by contemporary recessed lighting. Experience the convenience and luxury of a Daikin split air conditioning system, providing customized temperature control for each room, all year round. With two bedrooms boasting custom closets, storage concerns become a thing of the past. The master suite enhances comfort and practicality with its attached half bathroom.
Embrace intelligent investing with this chic income-generating property in South Harlem. Maximize your portfolio's value by capitalizing on the thriving real estate market. Seize this opportunity now for long-term rewards.
AmenitiesBike Room; Garage; Courtyard; Fitness Room; Laundry Room; Roof Deck;
- Courtyard
- Elevator
- Fitness Facility
- Garage
- Laundry Room
- Roof Deck
- Virtual Doorman
Neighborhood
Seize the chance to own a high-end, tenant-occupied apartment in the thriving neighborhood of South Harlem. This investment opportunity offers significant yield potential, backed by robust real estate growth and long-term tax advantages.
This is more than just a stylish, well-equipped apartment; it's a sustainable revenue generator. The property comes with a reliable, well-qualified tenant in place, who contributes a substantial monthly rent of $3,510 (Lease Expires 12/31/2024). What's more, with a 421A tax abatement valid for another 18 years, you can look forward to a substantial reduction in property taxes, enhancing your net return on investment.
Step into an elegant, open living room illuminated by contemporary recessed lighting. Experience the convenience and luxury of a Daikin split air conditioning system, providing customized temperature control for each room, all year round. With two bedrooms boasting custom closets, storage concerns become a thing of the past. The master suite enhances comfort and practicality with its attached half bathroom.
Embrace intelligent investing with this chic income-generating property in South Harlem. Maximize your portfolio's value by capitalizing on the thriving real estate market. Seize this opportunity now for long-term rewards.
Bike Room; Garage; Courtyard; Fitness Room; Laundry Room; Roof Deck;
- Courtyard
- Elevator
- Fitness Facility
- Garage
- Laundry Room
- Roof Deck
- Virtual Doorman
Neighborhood
Seize the chance to own a high end, tenant occupied apartment in the thriving neighborhood of South Harlem.
DescriptionSeize the chance to own a high-end, tenant-occupied apartment in the thriving neighborhood of South Harlem. This investment opportunity offers significant yield potential, backed by robust real estate growth and long-term tax advantages.
This is more than just a stylish, well-equipped apartment; it's a sustainable revenue generator. The property comes with a reliable, well-qualified tenant in place, who contributes a substantial monthly rent of $3,510 (Lease Expires 12/31/2024). What's more, with a 421A tax abatement valid for another 18 years, you can look forward to a substantial reduction in property taxes, enhancing your net return on investment.
Step into an elegant, open living room illuminated by contemporary recessed lighting. Experience the convenience and luxury of a Daikin split air conditioning system, providing customized temperature control for each room, all year round. With two bedrooms boasting custom closets, storage concerns become a thing of the past. The master suite enhances comfort and practicality with its attached half bathroom.
Embrace intelligent investing with this chic income-generating property in South Harlem. Maximize your portfolio's value by capitalizing on the thriving real estate market. Seize this opportunity now for long-term rewards.
AmenitiesBike Room; Garage; Courtyard; Fitness Room; Laundry Room; Roof Deck;
- Courtyard
- Elevator
- Fitness Facility
- Garage
- Laundry Room
- Roof Deck
- Virtual Doorman
Neighborhood
Seize the chance to own a high-end, tenant-occupied apartment in the thriving neighborhood of South Harlem. This investment opportunity offers significant yield potential, backed by robust real estate growth and long-term tax advantages.
This is more than just a stylish, well-equipped apartment; it's a sustainable revenue generator. The property comes with a reliable, well-qualified tenant in place, who contributes a substantial monthly rent of $3,510 (Lease Expires 12/31/2024). What's more, with a 421A tax abatement valid for another 18 years, you can look forward to a substantial reduction in property taxes, enhancing your net return on investment.
Step into an elegant, open living room illuminated by contemporary recessed lighting. Experience the convenience and luxury of a Daikin split air conditioning system, providing customized temperature control for each room, all year round. With two bedrooms boasting custom closets, storage concerns become a thing of the past. The master suite enhances comfort and practicality with its attached half bathroom.
Embrace intelligent investing with this chic income-generating property in South Harlem. Maximize your portfolio's value by capitalizing on the thriving real estate market. Seize this opportunity now for long-term rewards.
Bike Room; Garage; Courtyard; Fitness Room; Laundry Room; Roof Deck;
- Courtyard
- Elevator
- Fitness Facility
- Garage
- Laundry Room
- Roof Deck
- Virtual Doorman
Neighborhood
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.