New York, NY 10462

Property

Ownership: For Sale
Type: Duplex
Bedrooms: 5 BR
Bathrooms: 2
Pets: No Pets Allowed
Lot Size: 0.07 Acres

Financials

Price:$979,000
Annual Taxes:$6,871.88
505 Park Ave, New York, NY 10022
Listing Courtesy of Aurum Standard Realty Corp

Discover the ideal blend of comfort, convenience, and income potential with this well kept, fully fenced in 3 over 2 duplex located in the heart of Van Nest.

Back of property with brick siding and a chimney

Description

Discover the ideal blend of comfort, convenience, and income potential with this well-kept, fully fenced in 3-over-2 duplex located in the heart of Van Nest. Whether you’re an investor seeking strong returns or an end-user looking to offset your mortgage, this property delivers. The top unit offers a bright and spacious 3-bedroom, 1-bath layout with a welcoming living room, functional kitchen, and ample storage. This unit commands excellent rental value or becomes a great owner’s residence. The first-floor unit features 2 bedrooms and 1 bath, offering flexibility for multi-generational living, supplemental income, or a comfortable owner-occupied setup. A major highlight is the walk-out finished basement, providing additional usable space for a recreation room, workspace, storage, or future value-add possibilities. The property features a private backyard accessible directly from the walk-out basement, offering a perfect space for outdoor dining, gardening, or weekend relaxation. It’s a great extension of the living space and ideal for families or tenants who value outdoor enjoyment. The home is just minutes from public transit, schools, playgrounds, supermarkets, restaurants, and major highways, making it an attractive option for both tenants and homeowners.

Amenities

  • Eat-in Kitchen
  • First Floor Bedroom
  • Natural Gas 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.