New York, NY 10473

Property

Ownership: For Sale
Type: Single Family
Rooms: 5
Bedrooms: 3 BR
Bathrooms: 2
Pets: Pets No
Lot Size: 0.12 Acres

Financials

Price:$840,000
Annual Taxes:$6,178
505 Park Ave, New York, NY 10022
Listing Courtesy of Real Broker NY LLC

Description

Welcome to this unique opportunity — a charming single-family home with three bedrooms and two full bathrooms, offered together with an expansive lot. The existing home boasts comfortable living space and a large backyard, perfect for entertaining, gardening, or simply enjoying private outdoor time. What truly sets this property apart is the potential. The adjoining lot opens the door for future expansion of the current residence, offering the possibility to create a larger dream home tailored to your needs. Alternatively, for the savvy investor, the lot presents a chance to explore income-generating opportunities — from developing additional units to creating rental potential that maximizes long-term value. Whether you’re looking for a place to call home and grow into, or a smart investment to secure passive income, this property delivers the rare combination of present comfort and future upside. Don’t miss the chance to own a home and a lot in one purchase — opportunities like this don’t come around often.

Amenities

  • Back Yard
  • First Floor Bedroom
  • First Floor Full Bath
  • Formal Dining
  • Gas Range
  • Refrigerator

Welcome to this unique opportunity a charming single family home with three bedrooms and two full bathrooms, offered together with an expansive lot.


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.