New York, NY 10456

Property

Ownership: For Sale
Type: Unknown
Bedrooms: 8 BR
Bathrooms: 3
Pets: No Pets Allowed
Lot Size: 0.05 Acres

Financials

Price:$1,050,000
Annual Taxes:$6,140
505 Park Ave, New York, NY 10022
Listing Courtesy of New Group Realty Inc

Excellent investment opportunity in the Bronx !

Description

Excellent investment opportunity in the Bronx! 1350 Clay Ave is a solid 3-family property with two income-producing units in place and additional upside. Current rents: Apt 1 (2BR) $1,653/mo, Apt 2 (3BR) $2,852/mo, plus 2-car garage rentals individually generating $450/mo. Apt 3 (3BR) is vacant, providing immediate value-add potential through lease-up or owner occupancy. Strong rental demand in the area ensures stable cash flow with room for growth. Offered at $1,050,000, this property is ideal for investors seeking both current income and long-term appreciation.

Amenities

  • Other

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.