Property

Ownership: For Sale
Type: mixed-use
Bedrooms: Studio
Pets: Pets No
Lot Size: 0.04 Acres

Financials

Price:$2,750,000
Annual Taxes:$22,906.44
505 Park Ave, New York, NY 10022
Listing Courtesy of Closed By Mo

Description

Solid mixed-use building up for grabs, perfect for an owner-occupant running a medical practice or an investor looking to lease it out. The property can be delivered vacant, giving you a clean slate to work with. Property Details - Four Units: Two residential units (2-bed/2-bath and 1-bed/2-bath with optional junior 1-bed). Two commercial units, used by the owner’s medical practice with a steady patient base. Commercial Edge: The commercial spaces are ideal for a medical practice serving patients on Medicare/Medicaid, in an area with strong demand for healthcare services. Location: Well-placed with easy access to transit and local amenities, great for attracting tenants or patients. Flexibility: Run your practice and live on-site, or rent out the whole building for income. Your call.

Amenities

  • Electricity Available
  • Electricity Connected
  • Natural Gas Connected

Solid mixed use building up for grabs, perfect for an owner occupant running a medical practice or an investor looking to lease it out.

View of building exterior

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.