Property

Ownership: For Sale
Type: Multi-Family
Pets: Pets No
Lot Size: 0.12 Acres

Financials

Price:$1,899,000
Annual Taxes:$54,000
505 Park Ave, New York, NY 10022
Listing Courtesy of RE/MAX Team

Description

Excellent investment opportunity offering a 8 CAP. This 7 unit building features four (4) bedroom/two (2) bath apartments, two (2) bedroom/one (1) bath apartments and one (1) bedroom/one (1) bathroom apartment. All apartments are free market with 1 year leases. All apts have been modestly renovated. New boiler as of 2024.

Amenities

  • Cable - Available
  • Electricity Available
  • Phone Available
  • Sewer Connected
  • Water Connected

Excellent investment opportunity offering a 8 CAP.


    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.