New York, NY 10469

Property

Ownership: For Sale
Type: Multi-Family

Financials

Price:$1,950,000
Annual Taxes:$27,131
505 Park Ave, New York, NY 10022
Listing Courtesy of Century 21 Kafcos Realty

Brand New Construction Prime Bronx Investment Opportunity !

Description

Brand New Construction | Prime Bronx Investment Opportunity! Introducing a rare opportunity to own a brand new, legal five-family property in the Bronx—designed with both performance and peace of mind in mind. This fully detached building features five residential units plus a full basement, all independently metered, significantly reducing landlord expenses and maximizing net income. This property is a true cash-flowing asset ideal for both seasoned investors and those looking to expand their portfolio. Built from the ground up, this new construction offers modern systems, minimal maintenance, and long-term reliability, giving owners years of worry-free ownership. Additional upside: The property can be purchased together with the adjacent building, creating a 10-unit investment package—a rare chance to scale quickly in a strong rental market.

Amenities

  • Electricity Connected
  • Fire Sprinkler System
  • Security Gate
  • Sewer Connected
  • Smoke Detectors
  • 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.