Property

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

Financials

Price:C499,900
($365,167)
(€312,686)
Annual Taxes:C2,107
505 Park Ave, New York, NY 10022

Description

Prime Mixed-Use Opportunity Just Minutes from the Beach! Ideally located in a high foot-traffic area, this beautifully renovated building offers exceptional versatility and charm. Just a short walk to the beach, and amongst all the shops of Crystal Beach, it boasts excellent visibility for both residential and commercial use. Completely updated since 2013, the property features new windows, foam insulation, updated plumbing and wiring, and a rebuilt commercial floor in 2024. Each unit is serviced by separate hydro panels and heated/cooled with efficient heat pumps, complemented by cozy gas fireplaces.The main floor includes a bachelor 420 sqft apartment with wood floors, gas fireplace and sliding patio doors leading to a private stamped concrete patio. Upstairs, you'll find a stylish 910 sqft 1-bedroom apartment with a private second-floor rear deck , gas fireplace and front-facing balcony perfect for enjoying the neighbourhood vibe. Additional features include redone wood flooring, in-suite laundry, and a custom-tiled shower. The commercial space offers high metal ceilings, a 2-piece washroom, and has been structurally updated for peace of mind. A rare chance to own a fully updated, income-generating property in a thriving beachside location! 3 great tenants. There is a new sense of renewal and energy in Crystal Beach, and this is a rare affordable opportunity!

Amenities

  • Available

Prime Mixed Use Opportunity Just Minutes from the Beach !


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.