New York, NY 10458

Property

Ownership: For Sale
Type: Unknown
Pets: Unknown
Lot Size: 0.06 Acres

Financials

Price:$1,588,888
Annual Taxes:$6,117.12
505 Park Ave, New York, NY 10022
Listing Courtesy of Call It Home Realty LLC

Rare, Fully Vacant Three Family Opportunity R7 Zoning ; FAR 2.

Description

Rare, Fully Vacant Three-Family Opportunity R7 Zoning; FAR 2.75; 25 ft Rear Yard 3BR / 5BR / 5BR Layout Rare opportunity to acquire a spacious, fully vacant three-family home with strong income and development upside. Zoned R7 with a FAR of 2.75 and offering 25 feet of rear yard, the property presents potential for future expansion or reconfiguration. Delivered vacant, with the first floor configured as a 3-bedroom unit, the second floor as a 5-bedroom unit, and the third floor as a 5-bedroom unit, providing immediate flexibility for investors or owner-occupants. Located near public transportation, just a few blocks from Fordham University, and within walking distance to Fordham Road, Grand Concourse, and Third Avenue, with close proximity to shops, schools, restaurants, the local hospital, and easy access to I-95, making it highly attractive to prospective tenants. Additional Highlights: • Parking for up to 3 vehicles • Gas heating

Amenities

  • Back Yard
  • Near Public Transit
  • Near School
  • Near Shops
  • Other
  • 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.