New York, NY 10474

Property

Ownership: For Sale
Type: Duplex
Bedrooms: 6 BR
Bathrooms: 5
Pets: Pets No
Lot Size: 0.04 Acres

Financials

Price:$1,150,000
Annual Taxes:$6,759.24
505 Park Ave, New York, NY 10022
Listing Courtesy of Locqube New York, Inc.

Description

*** 2.5% assumable mortgage *** The property includes an assumable mortgage at just 2.5%, based on the remaining balance owed—offering significant savings compared to current market rates. Welcome to this stunning two-family duplex, a true gem that embodies modern elegance, versatility, and investment potential. Featuring 6 spacious bedrooms and 4.5 beautifully designed bathrooms, this meticulously crafted home offers an unparalleled combination of comfort, style, and functionality—perfect for homeowners seeking extra income or savvy investors looking for a prime opportunity. The first unit showcases high-end finishes with three spacious bedrooms and 2.5 bathrooms, designed for both relaxation and sophistication. This unit also boasts exclusive access to a fully finished basement, impeccably designed for additional living space or entertainment. The walk-out leads to a massive backyard, creating an inviting retreat for gatherings, leisure, or a private escape. The second unit is equally impressive, featuring a fully renovated kitchen and bathroom, gleaming hardwood floors, and a convenient in-unit washer/dryer. Step onto the private balcony, perfect for morning coffee or evening gatherings, while sun-drenched bedrooms provide a warm and tranquil atmosphere. Situated near major public transportation and essential highways, commuting is effortless. Nestled in a sought-after neighborhood thats up and coming, this move-in-ready duplex is an extraordinary opportunity for multi-generational living or a high-yield investment.

Amenities

  • Accessible Central Living Area
  • Cathedral Ceiling(s)
  • First Floor Bedroom
  • First Floor Full Bath
  • Marble Counters
  • Trash Collection Public
  • Washer/Dryer Hookup

2. 5 assumable mortgage The property includes an assumable mortgage at just 2.


    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.