Property

Ownership: For Sale
Type: Unknown
Bedrooms: Studio
Bathrooms: 11
Pets: Pets No

Financials

Price:C2,999,990
($2,207,812.64)
(€1,913,680.02)
Annual Taxes:C15,922.59
505 Park Ave, New York, NY 10022

Description

Attractive Investment Opportunity - 7.8% Cap Rate! This Mixed-Use Commercial Building Features 6 Ground-Level Commercial Retail Units and 5 Two-Storey Residential Apartments Above. Rear Parking Lot With 10 Spaces. Excellent Visibility on a High-Exposure Regional Corridor With Over 10,000 Vehicles Passing Daily. Seller Has Made Many Improvements - Roof 2021, Windows Replaced, Kitchens Updated in Apartments, New Storefronts, Exterior Stucco. Financial Information Available Upon Signing A Confidentiality Agreement. Buyer And Buyer's Agent To Verify Square Footage.

Amenities

  • Public Transit

Attractive Investment Opportunity 7.


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.