New York, NY 10452

Property

Ownership: For Sale
Type: Duplex
Bedrooms: 7 BR
Bathrooms: 2
Lot Size: 0.0 Acres

Financials

Price:$800,000
Annual Taxes:$2,446.76
505 Park Ave, New York, NY 10022
Listing Courtesy of HomeSmart Homes & Estates

Motivated seller wants you to stop paying your landlord's mortgage pay your own.

Description

Motivated seller wants you to stop paying your landlord's mortgage pay your own. Live just one stop from Manhattan in this vacant, updated two-family home, presenting a smart opportunity for a buyer ready to build equity and create long-term value. Both units offer updated kitchens and baths, good natural light, and practical layouts. Market rents for the units are $3600 for the three-bedroom and $4100 for the four-bedroom per month, creating the opportunity to live in one unit while using income from the other to help offset your mortgage. The full unfinished basement features high ceilings, excellent storage, and future potential. Conveniently located near shopping, Yankee Stadium, and transportation, with access to the B/D trains at 167 St and the 4, B, and D at 161 St–Yankee Stadium, just one stop from Manhattan on the B/D. Also close to the Major Deegan and Cross Bronx Expressway.

Amenities

  • Electricity Connected
  • First Floor Bedroom
  • First Floor Full Bath
  • Natural Gas Connected
  • Sewer Connected
  • Trash Collection Public
  • 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.