Property

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

Financials

Price:C1,900,000
($1,394,847)
(€1,211,909.29)
Annual Taxes:C51,817
505 Park Ave, New York, NY 10022

Description

Former long term care facility now vacant, excellent opportunity for investor to rebuild. Ideal location Second & Marlborough St. Plans and drawings that are in hand are available under NDA. A Stantec Building condition report indicates the original residential buildings were converted to the present use in the 1960's with further additions in the 1970's and again in 1993. Overall the building boasts some 30,500 sq ft. Roof systems are either asphalt shingle or built up asphalt or membrane roofing. The exterior is brick, with most windows being metal framed with insulating glass. The original buildings were wood frame construction while the additions are thought to be concrete masonry with steel framing. Much of the building is barrier free accessible and serviced with elevators. When last in use the facility boasted 65 rooms, including a mix of private semiprivate and basic accommodation. The facility is complete with common areas, dining facilities, commercial kitchen & more.The property is currently leased to the City of Cornwall for short term accommodation. Details available under NDA.

Amenities

  • Partial

Former long term care facility now vacant, excellent opportunity for investor to rebuild.


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.