Property

Ownership: For Sale
Type: Unknown
Bedrooms: 6 BR
Bathrooms: 3
Pets: Pets No

Financials

Price:C769,900
($556,314.34)
(€492,069.72)
Annual Taxes:C3,303
505 Park Ave, New York, NY 10022

Description

This extra large TRIPLEX is fully renovated and also comes with a detached 2.5 garage and six parking spaces! Two of the units are currently tenant occupied, one unit is vacant. This gives you the option to live-in part or rent the empty apartment. Yearly gross rent for 2024 was $55,800. The building is comprised of a spacious 3 bedroom upper unit (pays own hydro), a 2 bedroom main unit (all inclusive rent) and a 1 bedroom main unit (all inclusive rent). All tenants are on month-to-month leases and no apartments are below grade. The basement is full and unfinished and has the potential to make a 4th unit, or just use it for extra storage. The hot water tank is owned. Many recent updates include: new stucco on the building and garage (2024), garage shingles (2022), new garage doors (2020), all new electrical and breaker panel on the upper unit (2018), new flat roof (2017), all newer vinyl windows and flooring throughout. Conveniently located on a city bus route, walking distance to schools and the Pine Plaza.

Amenities

  • Carbon Monoxide Detectors
  • Downtown
  • Smoke Detector
  • Storage
  • Water Heater Owned

This extra large TRIPLEX is fully renovated and also comes with a detached 2.


    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.