New York, NY 10456

Property

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

Financials

Price:$699,999
Annual Taxes:$13,000
505 Park Ave, New York, NY 10022
Listing Courtesy of Keller Williams Realty NYC Grp

Exceptional brownstone six unit multi family building offering a rare opportunity for both investors and end users.

View of front of home featuring a fenced front yard

View of front of home featuring a fenced front yard

View of front of home featuring a fenced front yard
View of front of home featuring a fenced front yard
View of exterior entry featuring brick siding
View of exterior entry featuring brick siding
Unfurnished living room featuring light wood-style floors and baseboards
Unfurnished living room featuring light wood-style floors and baseboards
Bathroom featuring vanity, tile walls, and shower / washtub combination
Bathroom featuring vanity, tile walls, and shower / washtub combination
Corridor featuring light wood-type flooring
Corridor featuring light wood-type flooring
Unfurnished living room featuring light wood finished floors, a textured ceiling, and ornamental molding
Unfurnished living room featuring light wood finished floors, a textured ceiling, and ornamental molding
Unfurnished living room featuring ornamental molding, light wood-type flooring, and a textured ceiling
Unfurnished living room featuring ornamental molding, light wood-type flooring, and a textured ceiling
Kitchen with white gas range oven, dark countertops, decorative backsplash, light tile patterned flooring, and light brown cabinetry
Kitchen with white gas range oven, dark countertops, decorative backsplash, light tile patterned flooring, and light brown cabinetry
Bedroom with wood finished floors, a ceiling fan, and radiator heating unit
Bedroom with wood finished floors, a ceiling fan, and radiator heating unit
Unfurnished room with wood finished floors and baseboards
Unfurnished room with wood finished floors and baseboards
Kitchen featuring white range with gas stovetop, black microwave, tasteful backsplash, and light tile patterned floors
Kitchen featuring white range with gas stovetop, black microwave, tasteful backsplash, and light tile patterned floors
Full bathroom featuring vanity and light tile patterned floors
Full bathroom featuring vanity and light tile patterned floors
Full bath with tile walls, vanity, bathing tub / shower combination, and a wainscoted wall
Full bath with tile walls, vanity, bathing tub / shower combination, and a wainscoted wall
Full bath with shower / tub combo, vanity, light tile patterned floors, and tile walls
Full bath with shower / tub combo, vanity, light tile patterned floors, and tile walls
View of front of home featuring a fenced front yardView of front of home featuring a fenced front yardView of exterior entry featuring brick sidingView of exterior entry featuring brick sidingUnfurnished living room featuring light wood-style floors and baseboardsUnfurnished living room featuring light wood-style floors and baseboardsBathroom featuring vanity, tile walls, and shower / washtub combinationBathroom featuring vanity, tile walls, and shower / washtub combinationCorridor featuring light wood-type flooringCorridor featuring light wood-type flooring

Description

Exceptional brownstone six-unit multi-family building offering a rare opportunity for both investors and end users. This well-maintained, rent-stabilized property delivers reliable, long-term income in one of the Bronx’s high-demand rental markets. The building consists of five 1-bedroom apartments and one 2-bedroom apartment, all featuring well-proportioned layouts, excellent natural light, and strong tenant appeal. Regulated rents provide consistent cash flow while preserving long-term value. A fully finished basement with a full bathroom adds valuable bonus space suitable for recreation, storage, or other permitted uses, Conveniently located near public transportation, major highways, shopping, schools, and neighborhood amenities, making this a compelling asset for investors seeking stability, durability, and appreciation potential.

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.