New York, NY 10461

Property

Ownership: For Sale
Type: Single Family
Rooms: 8
Bedrooms: 3 BR
Bathrooms: 2
Lot Size: 0.1 Acres

Financials

Price:$795,000
Annual Taxes:$3,134
505 Park Ave, New York, NY 10022
Listing Courtesy of Richard Greco Real Estate

Solid 1949 all brick home offering exceptional flexibility as a one family, mother daughter, or legal two family residence per NYC Housing Preservation amp ; Development records.

Description

Solid 1949 all brick home offering exceptional flexibility as a one family, mother daughter, or legal two family residence per NYC Housing Preservation & Development records. Originally built as a single family and upgraded to a two unit dwelling in 1955, this property provides multiple living configurations to suit your needs. The second floor main apartment features two bedrooms, a spacious living room, and a large kitchen/dining area that can easily be transformed into a third bedroom, home office, study, or library—the layout adapts to your imagination. The first floor offers a generous entry foyer with two private entrances, leading to a comfortable one bedroom unit with living room, kitchen, and full bath. Ideal for extended family, guests, or rental income. Located in the Morris Park Transportation Zone and within 3 minutes you're at the Pelham Parkway Subway Station for the #2 subway and Morris Park Ave for the BXM10 Express Bus to Manhattan or a 7 minute walk takes you to the Morris Park Station for the #5 subway. Driving? Within 1-3 minutes you're accessing major highways including I 95, the Hutchinson River Parkway, and the Bronx River Parkway. Enjoy proximity to the New York Botanical Garden, Bronx Zoo, and other cultural landmarks. You’re not just purchasing a home—you’re investing in a well established neighborhood with room to grow. Come explore the possibilities and envision how you can transform this spacious property into your future residence or income producing opportunity. Dont make this "sleeper" property slip through your fingers And YES, the value of a property is LOCATION, LOCATION, LOCATION.. Call and make an appointment today.

Amenities

  • Electricity Connected
  • First Floor Bedroom
  • Gas Range
  • Natural Gas Available
  • Phone Available
  • Refrigerator
  • Sewer Connected
  • Trash Collection Private
  • 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.