New York, NY 10460

Property

Ownership: For Sale
Type: Unknown
Bedrooms: 9 BR
Bathrooms: 6
Lot Size: 0.0 Acres

Financials

Price:$1,249,999
Annual Taxes:$2,770.52
505 Park Ave, New York, NY 10022
Listing Courtesy of eXp Realty

Two Very Well Maintained 3 Family Properties located on the same block, offering a rare chance to acquire side by side assets in a strong rental market.

Description

Two Very Well Maintained 3 Family Properties located on the same block, offering a rare chance to acquire side-by-side assets in a strong rental market. Each property features spacious units with solid layouts, ideal for long term tenants or future repositioning. build in the mid-2000s, these properties benefit from relatively low property taxes compared to similar multifamily assets, enhancing current cash flow. Perfect for investors seeking: consistent rental income, Long term appreciation in a growing Bronx market, Value add potential over time. 2nd and 3rd floor has enough space to add a 4th bedroom if preferred. Whether you're expanding your portfolio or securing a multi-property investment, this is a unique opportunity to control multiple assets in a high demand location. CAN BE DELIVERED FULLY VACANT OR WITH TENANTS IN PLACE. Can be sold individually or as package deal with 865 E 178th St, which are identical properties.

Amenities

  • First Floor Bedroom

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.