Property

Ownership: For Sale
Type: Unknown
Bedrooms: 1 BR
Bathrooms: 3
Pets: Pets No

Financials

Price:C439,900
($315,285.13)
(€280,620.12)
Annual Taxes:C4,000
505 Park Ave, New York, NY 10022

Description

Rare Commercial Opportunity with Residential Component! This is a one-of-a-kind property that offers a perfect blend of business and living space. Fully rented and generating over $46,000 annually currently. Vacant possession is also available if needed and would suit contractors, landscaping companies, or anyone seeking a property with ample parking, outdoor storage, and excellent highway exposure. The C4 zoning allows for a variety of uses, making it a versatile choice for businesses or entrepreneurs. Both the commercial and residential units have been extensively updated, providing modern functionality and appeal. The residential component not only offers a comfortable living space but could also be rented for additional income, making it easy to operate your business on the commercial side while collecting rent from the apartment. This is an exceptional opportunity to secure a property that offers location, income potential, and flexibility. **EXTRAS** Furnace and AC (2019), Septic (2016), Storage Barn

Amenities

  • Water Heater Owned

Rare Commercial Opportunity with Residential Component !


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.