New York, NY 10470

Property

Ownership: For Sale
Type: Unknown
Bedrooms: 8 BR
Bathrooms: 5
Pets: No Pets Allowed
Lot Size: 0.25 Acres

Financials

Price:$1,350,000
Annual Taxes:$26,325
505 Park Ave, New York, NY 10022
Listing Courtesy of Double C Realty

Nestled on an expansive 75 x 140 lot in the highly desirable Woodlawn neighborhood of the Bronx, this detached Legal 4 Family Home offers an incredible blend of historic charm, ...

Description

Nestled on an expansive 75 x 140 lot in the highly desirable Woodlawn neighborhood of the Bronx, this detached Legal 4-Family Home offers an incredible blend of historic charm, space, and income potential — all just 25 minutes north of Manhattan. Boasting over 4,800 square feet of living space, this sun-filled residence features a long private driveway and a detached 3-car garage, providing ample parking and convenience. Inside, you’ll find a beautifully maintained collection of apartments, each brimming with old-world character and original architectural details including 10-foot ceilings and pine hardwood floors throughout. This home features a First floor- 3 Bedroom / 2 bath Duplex unit with the lower level along with (2) two bedroom apartments and a lovely 1 Bedroom apartment as well. Each apartment enjoys access to its own private deck area, perfect for outdoor relaxation. The third floor offers additional versatility — a fully finished suite with its own private entrance, complete with a recreation room, living area, bonus space, and bathroom — ideal for extended family or creative use. This property presents a prime investment opportunity to maximize rental income in a free-market building, with plenty of room for future expansion or customization. Recent upgrades include a gas heating system as well as a hot water heater and roof, adding peace of mind for years to come. Perfect for investors or owner-occupants alike, this exceptional home offers the best of both worlds — live in one unit and collect rent from the others. Located in a commuter’s dream location, you’re just blocks from buses, trains, shopping centers, schools, major parkways, and only a quick 25-minute commute to Manhattan Don’t miss this rare opportunity to own a timeless property in one of the Bronx’s most sought-after neighborhoods.

Amenities

  • Aluminum Frames
  • Ceiling Fan(s)
  • Electricity Connected
  • Entrance Foyer
  • Galley Type Kitchen
  • Natural Gas Connected
  • Sewer Connected
  • 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.