New York, NY 10456

Property

Ownership: For Sale
Type: Duplex
Pets: Pets No
Lot Size: 0.03 Acres

Financials

Price:$700,000
Annual Taxes:$3,187
505 Park Ave, New York, NY 10022
Listing Courtesy of Keller Williams Realty Group

Presenting a unique opportunity, this property, currently offered as a short sale, beckons you to envision its untapped potential.

Description

Presenting a unique opportunity, this property, currently offered as a short sale, beckons you to envision its untapped potential. Although there is no direct interior access at the moment, this two-family residence provides a canvas for your creativity. Seize the chance to reimagine and unlock the hidden value within. The property comprises two distinct units. The second floor features 3 bedrooms, a living room, an eat-in kitchen, and a bathroom. On the first floor, you'll find 4 bedrooms, a living room, a kitchen, and a bathroom. The full finished basement, equipped with front and back doors, adds an extra dimension to the living space. While the current rents fall below market rates, the listed rents are projections aligned with the current market conditions. This short sale is being offered "AS IS" and is subject to third-party approval. Don't miss the opportunity to transform this property into your ideal investment or living space.

Amenities

  • Trash Collection Public

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.