New York, NY 10456

Property

Ownership: For Sale
Type: Multi-Family
Pets: No Pets Allowed
Lot Size: 0.05 Acres

Financials

Price:$975,000
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.

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.