New York, NY 10469

Property

Ownership: For Sale
Type: Single Family
Rooms: 5
Bedrooms: 3 BR
Bathrooms: 1
Pets: No Pets Allowed
Lot Size: 0.11 Acres

Financials

Price:$675,000
Annual Taxes:$3,512
505 Park Ave, New York, NY 10022
Listing Courtesy of Keller Williams Realty NYC Grp

Nestled in the highly sought after Pelham Parkway area of the Bronx, this diamond in the rough is ready for a skilled and loving homeowner to restore its charm and ...

View of front of home featuring a chimney, driveway, and an attached garage

Description

Nestled in the highly sought-after Pelham Parkway area of the Bronx, this diamond in the rough is ready for a skilled and loving homeowner to restore its charm and unlock its full potential. This exquisite Dutch Colonial home features an elegant Greek revival portico and is located on a sprawling 50x100 lot. Gated front yard with driveway and garage parking. Large backyard perfect for connecting with nature or family. Close proximity to parks, hospitals, and transportation options, including the #5 & #2 subway line and express buses offering quick access for Manhattan commuters. On the inside, this home welcomes you with a formal living room on the left of the house and a formal dining room adjacent to an open kitchen on the right-hand side. A U-shaped kitchen offers plenty of counter space for a multitude of scenarios - from cooking to entertaining. Three generously sized bedrooms are complete with ample closet space and allow for plenty of natural sunlight. The upstairs bathroom is also well-sized and features a skylight. The utility basement has high ceilings with both internal steps leading to the main floor and egress to the back yard through a separate entrance. DEVELOPER POTENTIAL - The 50 x 100 double lot footprint with R4A zoning and a Max FAR of .75 should allow for additional potential living sq. ft. up to 3,750 sq. ft. (5,000 sq. ft. footprint x Max FAR or .75 = 3,750 sq. ft. of living space; enough for potentially two 1,875 sq. ft. 2-family homes, assuming no additional zoning restrictions apply – building potential must be independently verified with your architect or other zoning professional.)

Amenities

  • Back Yard
  • Cable - Available
  • Eat-in Kitchen
  • Electricity Connected
  • Front Yard
  • Garden
  • Level
  • Mailbox
  • Natural Gas Connected
  • Near School
  • Near Shops
  • Neighborhood
  • Other
  • Phone Available
  • Rain Gutters
  • Range
  • Refrigerator
  • Sewer Connected
  • Storage
  • Trash Collection Public
  • 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.