Property

Ownership: For Sale
Type: Duplex
Bedrooms: 5 BR
Bathrooms: 2
Pets: Pets No

Financials

Price:C799,000
($587,840.28)
(€509,358.35)
Annual Taxes:C3,814
505 Park Ave, New York, NY 10022

Description

Live Comfortably with Room to Grow Legal Duplex with In-Law Suite or Nanny Quarters. Welcome to a home that offers more than just a place to live its a smart move toward financial freedom. This beautifully maintained legal duplex provides the space, flexibility, and income potential to truly make life easier. Upstairs, enjoy a bright and spacious 3-bedroom layout with a full bathroom perfect for families. The main unit also includes a brand-new washer and dryer for added convenience. Downstairs, the fully renovated lower level features 2 large bedrooms, a versatile den (ideal for a home office or third bedroom), a full bathroom, and its own brand-new kitchen and laundry appliances. Whether you need space for extended family, a private area for a nanny, or want to rent it out, this level brings huge value. Here's the game-changer: the lower unit can rent for approximately $2,700 per month significantly reducing your monthly mortgage payments and helping you build long-term financial security. With a carport and parking for up to 10 vehicles, plus a location close to schools, transit, parks, and shopping, this home is ideal for families, multi-generational living, or anyone looking for smart, flexible living with real financial benefits.

Amenities

  • Other

Live Comfortably with Room to Grow Legal Duplex with In Law Suite or Nanny Quarters.


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.