Property

Ownership: For Sale
Type: Duplex
Bedrooms: 7 BR
Bathrooms: 3
Pets: Pets No

Financials

Price:$699,999
Annual Taxes:$11,200
505 Park Ave, New York, NY 10022
Listing Courtesy of Houlihan Lawrence Inc.

Description

This well-maintained 2-family home features a spacious duplex apartment with a thoughtful layout. The first floor of the duplex offers a living room, kitchen, one bedroom, and a full bathroom, with a porch that leads to a huge private backyard, perfect for outdoor relaxation and entertaining. The second floor includes 3 bedrooms, a full bathroom, and a generous laundry room. One of the bedrooms on this level also has its own private porch for added privacy and comfort. The second unit offers 3 bedrooms and 1 bathroom, plus access to a cozy porch. The property has been rented by the same tenants for over 20 years, currently on a month-to-month lease. The tenants are paying well below the current market rent rate. If preferred, the property can be delivered vacant upon request. A fantastic opportunity for both homeowners and investors! Conveniently located near major roads, public transportation, and local amenities.

Amenities

  • First Floor Bedroom
  • Natural Gas Available

This well maintained 2 family home features a spacious duplex apartment with a thoughtful layout.


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.