New York, NY 10467

Property

Ownership: For Sale
Type: Unknown
Bedrooms: 8 BR
Bathrooms: 6
Pets: Pets No
Lot Size: 0.05 Acres

Financials

Price:$1,399,999
Annual Taxes:$9,072
505 Park Ave, New York, NY 10022
Listing Courtesy of Exit Realty DKC

Description

Beautiful 3-Family Brick Home for Sale in Prime Location – Delivered 100% Vacant! Don't miss this rare opportunity to own a fully vacant 3-family brick home, perfectly located just steps from major public transportation (Norwood Subway D Train, Buses) in a highly sought-after neighborhood. On top of that this is near to well known Hospitals like NYC Health and Montefiore. This well-maintained property features: 3 Spacious Apartments: Second & Third Floors: Each unit offers 3 large bedrooms, 1 and 1/2 bathrooms, a huge living area with dedicated dining space, and private balconies. First Floor Unit: 2 Big sized bedrooms, 1 and 1/2 bathrooms, and an open-concept living/dining area. High-Ceiling Basement: Full-height basement with big window, perfect for additional living space, storage, or recreation. Wheelchair Accessible: Thoughtfully designed for accessibility throughout the building. Ideal for Owner-Occupants or Investors Live in one unit and rent out the others to cover your mortgage or generate strong rental income. Delivered 100% vacant, giving you full flexibility to set your own rents or customize for personal use. High Rental Income Potential: According to Section 8 and CityFHEPS guidelines: 3-Bedroom Units: Up to $3,777/month 2-Bedroom Unit: Up to $3,027/month That’s a potential of over $10,000/month in rental income!

Amenities

  • Electricity Available
  • Electricity Connected
  • High ceiling
  • Natural Gas Available
  • Natural Gas Connected
  • Open Floorplan
  • Sewer Available
  • Sewer Connected
  • Water Connected

Beautiful 3 Family Brick Home for Sale in Prime Location Delivered 100 Vacant !


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.