New York, NY 10030

Property

Ownership: For Sale
Type: Single Family
Rooms: 20
Bedrooms: 8 BR
Bathrooms:
Lot Size: 0.0 Acres

Financials

Price:$2,599,999
Annual Taxes:$16,242.36
505 Park Ave, New York, NY 10022
Listing Courtesy of HomeLink Homes LLC

A rare opportunity to acquire a fully vacant mixed use building in the heart of historic Strivers Row one of Manhattan s most architecturally distinguished and tightly held enclaves.

Description

A rare opportunity to acquire a fully vacant mixed-use building in the heart of historic Strivers’ Row — one of Manhattan’s most architecturally distinguished and tightly held enclaves. Positioned along a landmarked block defined by grand townhouses and limited turnover, this approximately 7,000 square foot property offers investors and developers a true blank canvas within a premier Harlem micro-market. Delivered entirely free of tenants, the asset eliminates the operational and legal complexities typically associated with Upper Manhattan acquisitions, allowing for immediate planning, renovation, and repositioning. Unlike most mixed-use offerings in the neighborhood, the building combines complete vacancy, free-market residential potential, and commercial upside within a historically significant setting where opportunities to acquire scale are exceptionally scarce. The property is ideally suited for a full-scale redevelopment or boutique rental conversion designed to capitalize on Harlem’s continued residential growth and strong demand for renovated housing stock. Full OM available in the data room.

Amenities

  • First Floor Bedroom
  • Other

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.