Property

Ownership: For Sale
Type: Unknown
Bedrooms: 11 BR
Bathrooms: 3
Pets: Pets No
Lot Size: 0.05 Acres

Financials

Price:$1,600,000
Annual Taxes:$3,662.12
505 Park Ave, New York, NY 10022
Listing Courtesy of Keller Williams Realty NYC Grp

Description

DELIVERED FULLY VACANT!! This legal 3-family zoned R7-1 with a building size of 20x55 provides over 4,800 sq ft!!!!, making it a perfect opportunity for re-development ( check with your architect) .The building stands 4 stories tall and has a basement with high ceilings maximizing the scalability of this potential project. The building features two 4 bedroom apts, and one 3 bedroom apt. With a potential income easily over $10k a month, this asset makes for a great add to your portfolio. Very rarely do you get an opportunity to acquire an asset with these unique characteristics. Survey available. As-is sale.

Amenities

  • Electricity Connected
  • Entrance Foyer
  • Natural Gas Connected
  • Sewer Connected
  • Water Connected

DELIVERED FULLY VACANT ! !


    Long Island MLS

    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.