New York, NY 10474

Property

Ownership: For Sale
Type: Unknown
Pets: Pets No
Lot Size: 0.07 Acres

Financials

Price:$1,199,999
Annual Taxes:$7,879
505 Park Ave, New York, NY 10022
Listing Courtesy of Coldwell Banker American Homes

Renovated 3 Family Brick Home in Prime Hunts Point Income Producing amp ; Low Maintenance Welcome to 1321 Lafayette Ave, a solid brick semi detached 3 family home offering over ...

Description

Renovated 3-Family Brick Home in Prime Hunts Point – Income-Producing & Low Maintenance Welcome to 1321 Lafayette Ave, a solid brick semi-detached 3-family home offering over 3,100 sq ft of fully upgraded living space. This is a turnkey investment opportunity in one of the Bronx’s most rapidly developing neighborhoods. The layout includes a spacious 3-bedroom, 2-bath duplex and two 2-bedroom, 1-bath units. Two units are currently occupied by reliable tenants, delivering immediate income. The property is being sold as-is, offering a seamless transition for investors. Extensive renovations have already been completed, including a newer roof, updated gas boiler, new windows, plumbing, heating system, and water heater. With all major systems updated, this is a low-maintenance property with strong long-term value. Additional highlights include a private fenced backyard, large multi-car driveway, and R6 zoning—providing future development potential. Annual property taxes are under $8,000, maximizing your return. Conveniently located near the 6 train, major bus lines, I-95, and the Bronx River Parkway, this property offers excellent access to transit, schools, and local amenities. Whether you're expanding your portfolio or seeking a hands-off investment with upside, this property delivers immediate cash flow, long-term appreciation, and minimal upkeep. Opportunities like this are rare. Don’t miss it.

Amenities

  • Natural Gas Connected
  • Other
  • Trash Collection Public
  • Water Available

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.