New York, NY 10466

Property

Ownership: For Sale
Type: Multi-Family

Financials

Price:$4,300,000
Annual Taxes:$44,757
505 Park Ave, New York, NY 10022
Listing Courtesy of Douglas Elliman Real Estate

Excellent investment ! Now's the time to own this complex of stores and rental apartments that are located on bustling White Plains Rd.

Description

Excellent investment! Now's the time to own this complex of stores and rental apartments that are located on bustling White Plains Rd. in the Wakefield section of the Bronx. This mixed use property complex offers lots of foot traffic. Above the store on at 3925 are two large apartments. There's a 4-bedroom (vacant) on top, $3400, and a 3-bedroom (rented) on the bottom. Both are conveniently located off the corner of E. 223rd St., close to shopping, restaurants. Take advantage and profit from the income of the stores, food market baking French bread daily, apartment rentals, hair and accessory shop. Even the famous Papa Johns franchise is one of the businesses on the strip. Note: there is a FAR above each of the stores, so you can build up or tear down to build apartment buildings. All offers in writing. Don't bother tenants.

Amenities

  • City
  • Electricity Connected
  • Neighborhood

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.