Property

Ownership: For Sale
Type: Unknown
Bedrooms: 8 BR
Bathrooms: 4
Pets: Pets No

Financials

Price:$2,395,000
Annual Taxes:$16,162
505 Park Ave, New York, NY 10022
Listing Courtesy of Shaw Properties

Description

The Opportunity of a Lifetime is Here – Act Fast! Step right up, because this is your once-in-a-lifetime chance to own a stunning, income-generating 4-family brownstone in one of New York’s most legendary neighborhoods – just steps from the iconic Columbia Presbyterian Hospital! Live the dream, or invest in the perfect property that offers the BEST of both worlds. Imagine living in a gorgeous brownstone while collecting income from three other units. It’s all yours for the taking! This incredible 4,320 square-foot treasure is Semi-occupied, with two units on secure leases and two vacant, all at fair-market rates. That’s income from day one! Situated on a picturesque, tree-lined street, you’ll be just a stone's throw away from the historic Morris-Jumel Mansion – Manhattan’s oldest house and George Washington’s residence during the Revolutionary War! Built in 1905, this 20-foot wide beauty boasts a jaw-dropping limestone facade and exquisite original details throughout. You’ll love the original hardwood floors, which are in pristine condition, and the gorgeous carved wood-mantled fireplaces that grace every single apartment (two in three of them!). The oversized front and rear windows flood each unit with abundant light, and the soaring 10-foot-plus ceilings make this property feel like a true grand masterpiece. Worried about upkeep? Don’t be! This property has been meticulously cared for with updated wiring, a brand new roof in 2010, and a stunning interior staircase installed in 2009 – no creaks here! Every apartment is a spacious 2-bedroom, 1-bath floor-thru, with updates made over the last five years to the parlor and third-floor units, and the ground-floor kitchen and bathroom revamped in 2021. And the best part? The 163rd Street C Train stop is literally across the street – making commuting a breeze and turning this into an investment dream come true. Don’t wait – this once-in-a-lifetime property won’t last! Whether you want to live in a piece of history or capitalize on a prime income-generating investment, this brownstone has it all! Financials available upon request. This is your moment – seize it!

Amenities

  • Bay Window(s)
  • Bedroom
  • Chandelier
  • Crown Molding
  • Electricity Connected
  • Entrance Foyer
  • Family Room
  • First Floor Bedroom
  • Galley Type Kitchen
  • Living Room
  • Natural Gas Available
  • Natural Gas Connected
  • Natural Woodwork
  • Original Details
  • Oversized Windows
  • Park
  • Recessed Lighting
  • Sewer Available
  • Sewer Connected
  • Sidewalks
  • Trash Collection Public
  • Water Available
  • Water Connected

The Opportunity of a Lifetime is Here Act Fast !


    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.