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

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 18 income-producing units, 2 owner-occupied units, and 1 vacant unit. 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 - Available
  • Cable Connected
  • Corner Lot
  • Electricity Available
  • Electricity Connected
  • Gas Cooktop
  • Gas Oven
  • Laundry
  • Natural Gas Available
  • 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.