New York, NY 10466

Property

Ownership: For Sale
Type: Duplex
Bedrooms: 5 BR
Bathrooms: 2
Lot Size: 0.1 Acres

Financials

Price:$850,000
Annual Taxes:$7,035.80
505 Park Ave, New York, NY 10022
Listing Courtesy of Keller Williams Realty Group

Welcome to this exceptional two family home in the heart of the Bronx, offering the perfect blend of comfortable living and smart investment opportunity.

Description

Welcome to this exceptional two-family home in the heart of the Bronx, offering the perfect blend of comfortable living and smart investment opportunity. This well-maintained property features a spacious 3-bedroom apartment over a 2-bedroom unit, plus a fully finished basement complete with its own full bathroom and kitchen—ideal for extended living, recreation, or additional flexibility. Whether you're an investor or an owner-occupant, this home delivers incredible value. Live in one unit while generating rental income from the other, helping offset your mortgage and significantly reduce your monthly expenses. Conveniently located near public transportation, including trains and buses, as well as shopping, parks, and major highways—making commuting and everyday living a breeze. With as little as $31,000 down, you can own this property and potentially live almost for free while building long-term equity. Don’t miss this rare opportunity to own a versatile, income-producing home in a prime Bronx location.

Amenities

  • Electricity Connected
  • First Floor Bedroom
  • First Floor Full Bath
  • 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.