Property

Ownership: For Sale
Type: Unknown
Bedrooms: 7 BR
Bathrooms: 4
Pets: Pets No

Financials

Price:C899,900
($649,205.86)
(€575,032.43)
Annual Taxes:C4,224
505 Park Ave, New York, NY 10022

Description

Client RemarksPRIME INVESTMENT OPPORTUNITY: COMMERCIAL + RESIDENTIAL. Are you looking for a property that offers a perfect blend of potential rental income and business space? Look no further! This meticulously maintained mixed-use property is now available for sale, featuring one commercial unit and three residential units. The commercial unit was leased for $1600/month previously which is currently now vacant. 2 bed apartment on the main level is currently leased for 1450/month and the 2 bed apartment on the upper level is currently leased for $1300/month to AAA tenants. 3 bed apartment on upper level is currently leased for $1450/month making the total rental potential for this property close to $6000 monthly. This property presents an excellent investment opportunity with multiple income streams. The commercial unit can provide steady rental income, while the residential units offer long-term tenants. Don't miss out on this amazing opportunity!!

Amenities

  • Other

Client RemarksPRIME INVESTMENT OPPORTUNITY COMMERCIAL RESIDENTIAL.


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.