Property

Ownership: For Sale
Type: Unknown
Bedrooms: 8 BR
Bathrooms: 6
Pets: Pets No

Financials

Price:C1,050,000
($760,399.50)
(€669,784.37)
Annual Taxes:C8,164
505 Park Ave, New York, NY 10022

Description

Welcome to your next investment opportunity. This property has a large Modern legal non conforming fourplex. This Building has 2 (3 Bedroom 2 Bath Units) and 2 (1 Bedroom 1 Bath Units). Mixed with great long term tenants and newer tenants. Offering a generous 4.5 Cap Rate at current rents with ability to bring to a 6.2 Cap Rate at market rent. See Rent / Expense Statement and Floor Plans Attached. 176 Nassau is also for Sale MLS E12117389. Properties can be Purchased Together or Separately. Properties are in a great area, close to 401, public transit, parks, shopping and more!

Amenities

  • Water Heater

Welcome to your next investment opportunity.


    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.