Property

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

Financials

Price:C699,000
($514,659.72)
(€437,453.54)
Annual Taxes:C2,879
505 Park Ave, New York, NY 10022

Description

Endless Possibilities in a Prime Location! Step into comfort and versatility with this beautifully maintained 2-bedroom, 2-bathroom home, ideally situated on a spacious, fully fenced lot. Complete with a detached garage and parking for up to 6 vehicles, this property offers a rare blend of residential charm and commercial potential under AC2(12) zoning allowing for uses such as medical/dental offices, clinics, studios, personal service establishments, offices, convenience stores, and more. Recent updates provide peace of mind and year-round comfort, including a new roof (2022), upgraded attic and wall insulation, and a modern furnace and AC system. The thoughtfully redesigned floor plan opens the door to redevelopment, with the main floor ideal for commercial use and the upper and lower levels suited for residential rental income. Located just minutes from major amenities, this is a unique opportunity to own a property with significant live-work or investment potential in a sought-after neighborhood. Don't miss out schedule your private showing today!

Amenities

  • Available

Endless Possibilities in a Prime Location !


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.