Property

Ownership: For Sale
Type: Duplex
Bedrooms: 5 BR
Bathrooms: 1
Pets: Pets No
Lot Size: 0.04 Acres

Financials

Price:$799,999
Annual Taxes:$5,612.96
505 Park Ave, New York, NY 10022
Listing Courtesy of Keller Williams Realty NYC Grp

Description

This fully occupied multi-family property is generating a total monthly rent roll of $7,626 and offers strong, consistent income. The well-maintained home includes three income-producing units: a 3-bedroom apartment on the top floor, a 2-bedroom apartment on the first floor, and a 2-bedroom accessory unit in the basement. The property is being sold with tenants in place, making it ideal for investors seeking immediate rental income. Situated in the highly desirable Pelham Bay neighborhood, it's close to parks, shopping, public transportation, and other local amenities. First showing will be held during the posted open house—no private appointments available. Don't miss this turn-key investment opportunity in one of the Bronx's most sought-after locations!

Amenities

  • First Floor Bedroom
  • Natural Gas Connected

This fully occupied multi family property is generating a total monthly rent roll of 7, 626 and offers strong, consistent income.


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.