New York, NY 10458

Property

Ownership: For Sale
Type: Multi-Family
Lot Size: 0.1 Acres

Financials

Price:$1,999,000
Annual Taxes:$54,437.48
505 Park Ave, New York, NY 10022
Listing Courtesy of BERKSHIRE HATHAWAY

PRICE REDUCTION NOW 1, 999, 000.

View of building exterior

View of building exterior

View of building exterior
View of building exterior
View of building exterior
View of building exterior
View of building exterior
View of building exterior
Aerial view
Aerial view
Aerial view
Bird's eye view
Bird's eye view
Bird's eye view
Kitchen with white appliances, light countertops, backsplash, light flooring, and open shelves
Kitchen with white appliances, light countertops, backsplash, light flooring, and open shelves
Kitchen with white appliances, light countertops, backsplash, light flooring, and open shelves
Kitchen featuring white appliances, white cabinets, light countertops, tasteful backsplash, and light tile patterned floors
Kitchen featuring white appliances, white cabinets, light countertops, tasteful backsplash, and light tile patterned floors
Kitchen featuring white appliances, white cabinets, light countertops, tasteful backsplash, and light tile patterned floors
Full bath with tile walls, shower / tub combo with curtain, vanity, and wainscoting
Full bath with tile walls, shower / tub combo with curtain, vanity, and wainscoting
Full bath with tile walls, shower / tub combo with curtain, vanity, and wainscoting
Living room with crown molding and light wood finished floors
Living room with crown molding and light wood finished floors
Living room with crown molding and light wood finished floors
Living room featuring ornamental molding and wood finished floors
Living room featuring ornamental molding and wood finished floors
Living room featuring ornamental molding and wood finished floors
Bedroom featuring wood finished floors
Bedroom featuring wood finished floors
Bedroom featuring wood finished floors
Bathroom featuring shower / bath combo with shower curtain, tile walls, and vanity
Bathroom featuring shower / bath combo with shower curtain, tile walls, and vanity
Bathroom featuring shower / bath combo with shower curtain, tile walls, and vanity
Dining space with light wood-style flooring and baseboards
Dining space with light wood-style flooring and baseboards
Dining space with light wood-style flooring and baseboards
Living room with hardwood / wood-style floors
Living room with hardwood / wood-style floors
Living room with hardwood / wood-style floors
Entrance to property
Entrance to property
Entrance to property
View of stairs
View of stairs
View of stairs
Utilities with electric meter and electric panel
Utilities with electric meter and electric panel
Utilities with electric meter and electric panel
View of property location with nearby urban area
View of property location with nearby urban area
View of property location with nearby urban area
View of building exteriorView of building exteriorView of building exteriorView of building exteriorView of building exteriorView of building exteriorAerial viewAerial viewAerial viewBird's eye view

Description

PRICE REDUCTION – NOW $1,999,000. Seller is taking offers seriously. First time on the market in nearly 50 years. 21-unit multifamily building in the heart of Belmont, one block from Arthur Avenue. Consists of 21 income-producing units,2 vacant units and 2 owner-occupied units delivered vacant at closing. Located near Fordham University, major hospitals, and key public transportation corridors providing convenient access throughout NYC. Excellent value-add opportunity in one of the Bronx's strongest rental markets.

Amenities

  • Cable Connected
  • Corner Lot
  • Electricity Connected
  • Gas Cooktop
  • Gas Oven
  • Natural Gas Connected
  • Near Public Transit
  • Near School
  • Near Shops
  • Neighborhood
  • Phone Available
  • Refrigerator
  • Sewer Connected
  • Sidewalks
  • Trash Collection Public
  • Walk Up
  • Water Connected

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.