New York, NY 10451

Property

Ownership: For Sale
Type: mixed-use
Pets: No Pets Allowed

Financials

Price:$2,700,000
Annual Taxes:$20,876
505 Park Ave, New York, NY 10022
Listing Courtesy of Canaan Realty International

Mixed used 4 stories Brick Building.

Description

Mixed used 4 stories Brick Building. 2stores plus 6 apartments. All Apartments are Free Market Rent. Still have 6 years Tax abatement. All utilities are seperate. Have 8 Gas Boiler and 9 Electric Meter. 1 Fl: Left side : store. Right side : Store 2 Fl: left 1 Bedroom/1 Lr/1 Bath Apartment,Right 1 Bedroom /1 Lr/1Bath apartment. 3 Fl: left 1 Bedroom/1 Lr/1 Bath Apartment,Right 1 Bedroom /1 Lr/1 Bath apartment. 4 Fl: Left 2 Bedrooms /1 Lr/2 Baths Apartment ,Right 2 Bedrooms /1 Lr/2 Baths Apartment. Gross Income: $216000/Year. Expense: $43500/Year. Net Income: $172500/Year.

Amenities

  • Electricity Available
  • Electricity Connected
  • Natural Gas Available
  • Natural Gas 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.