New York, NY 10456

Property

Ownership: For Sale
Type: Multi-Family
Lot Size: 0.1 Acres

Financials

Price:$5,479,000
Annual Taxes:$341
505 Park Ave, New York, NY 10022
Listing Courtesy of Exit Realty Group

This brand new 2026 construction five story multifamily building located in the heart of the bronx.

Description

This brand new 2026 construction five story multifamily building located in the heart of the bronx. Situated on a 3,199 Sq ft lot, this fully vacant property offers approximately 8,068 Sq ft of living space and features a total of 16 residential units, including 10 studios and 6 one bedroom apartments. this is an all electric property The layout includes three studio units on the first floor, while the second through fourth floors each offer a balanced mix of two studios and two one bedroom unit on each floor. The top floor boasts a stunning penthouse level with a studio, providing added appeal and premium living space. this property is Perfect for both long-term hold or income- producing investment in this rapidly growing Bronx market.

Amenities

  • Electricity Available
  • Walk Up

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.