New York, NY 10452

Property

Ownership: For Sale
Type: Single Family
Rooms: 4
Bedrooms: 2 BR
Bathrooms: 1
Lot Size: 0.0 Acres

Financials

Price:$649,999
Annual Taxes:$2,755
505 Park Ave, New York, NY 10022
Listing Courtesy of Locqube New York, Inc.

Discover a rare single family home in NYC an exceptional alternative to cooperative living and an incredible opportunity for both end users and developers.

Description

Discover a rare single-family home in NYC—an exceptional alternative to cooperative living and an incredible opportunity for both end users and developers. Enjoy unmatched privacy with no upstairs or downstairs neighbors, plus the freedom of true homeownership without monthly co-op maintenance fees. A private backyard offers a sought-after city luxury, perfect for pets, gardening, or outdoor relaxation. For savvy investors and builders, this property delivers tremendous upside. Positioned on an R8-zoned lot and delivered completely vacant, the site presents a prime canvas for redevelopment, expansion, or a ground-up project, allowing you to capitalize on the neighborhood’s continued growth and strong demand. Whether you're looking to create additional units, a modern multi-family building, or a long-term hold with increased density, this zoning unlocks significant value. For everyday buyers, this home offers affordability that often beats the cost of renting a comparable apartment—bringing attainable ownership within reach. Located steps from transportation, highways, shopping, parks, and local amenities, convenience is second to none. Roll out of bed and directly into the 161 St–Grand Concourse subway station, served by the B, D, and 4 trains, providing seamless access to Manhattan and beyond.

Amenities

  • Electricity Available
  • Formal Dining
  • Gas Oven
  • Gas Range
  • Microwave
  • Natural Gas Available
  • Refrigerator

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.