New York, NY 10464

Property

Ownership: For Sale
Type: Duplex
Pets: Pets No
Lot Size: 0.17 Acres

Financials

Price:$770,000
Annual Taxes:$7,179
505 Park Ave, New York, NY 10022
Listing Courtesy of Century 21 Marciano

Description

This spacious property is in need of TLC but sits on a generous 64' x 121' lot and offers excellent potential! Zoned as a legal two-family but currently being used as a single-family home, it’s perfect for investors, extended families, or those looking to live in one unit and rent the other for added income, or keep it as a single family and make this your dream home. The Possibilities are endless. This home has plenty of outdoor space perfect for entertaining and future expansions. It features Hardwood floors, roof was updated 2014, Boiler 2018, updated electrical service, Driveway parking, Beach block, walk out basement, and the property is all fenced in. The best part is No flood insurance required. Plenty of room to create your dream home – or two! Property needs complete renovations but has strong bones and tons of upside. Great Opportunity to Customize! This home is in close proximity to schools, shops, beach, restaurants, parks, horseback riding, golf, walking trails, express bus to New York City & city bus to the #6 subway train. Taxes do not reflect the NYS STAR school tax exemption. Contact me today to schedule a viewing and come live the City Island lifestyle! Property has cameras.

Amenities

  • Eat-in Kitchen
  • Electricity Connected
  • First Floor Bedroom
  • Formal Dining
  • Natural Gas Connected
  • Original Details
  • Sewer Connected
  • Storage
  • Trash Collection Public
  • Washer/Dryer Hookup
  • Water Connected

This spacious property is in need of TLC but sits on a generous 64' x 121' lot and offers excellent potential !

Victorian home featuring a covered porch

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.