New York, NY 10462

Property

Ownership: For Sale
Type: Unknown
Bedrooms: 4 BR
Bathrooms: 3
Pets: No Pets Allowed

Financials

Price:$999,000
Annual Taxes:$6,141
505 Park Ave, New York, NY 10022
Listing Courtesy of RE/MAX Prestige Properties

Investor s Dream in Morris Park Expand Your Portfolio or Build Bigger !

Description

Investor’s Dream in Morris Park – Expand Your Portfolio or Build Bigger! 677 Van Nest Avenue and an Expansion Potential combining with 679 Van Nest Avenue too! 677 Must be Purchased together with 679 Van Nest (679 Van Nest can be Purchased Alone). Unlock the potential of this prime Morris Park property—an exceptional opportunity for savvy investors and visionaries alike! Located in one of the Bronx’s sought-after neighborhoods, this three-unit multi-unit properties Zoned as R-5 offers flexibility, income potential, and the rare option to combine with neighboring 679 Van Nest Avenue for an even larger development footprint. Ideal for rental income, owner-occupancy, or redevelopment. This property offers a Retail/Office Space, 2 Apartment Units and the entire Driveway and Yard to support 10+ vehicles. Convenient location near major highways, public transportation, shopping, and dining. Poised for growth, whether you're looking to continue as a cash-flowing multi-family or explore a larger-scale investment, 677 & 679 Van Nest Avenue are your gateways to opportunities in the Bronx. Don’t miss this chance to invest in a thriving neighborhood with strong rental demand and development upside!

Amenities

  • Back Yard
  • Corner Lot
  • Electricity Connected
  • Level
  • Natural Gas Connected
  • Near Public Transit
  • Near School
  • Near Shops
  • Other
  • Paved
  • Private
  • Sewer Connected
  • 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.