New York, NY 10453

Property

Ownership: For Sale
Type: Duplex
Bedrooms: 7 BR
Bathrooms: 3
Lot Size: 0.0 Acres

Financials

Price:$899,000
Annual Taxes:$2,100.32
505 Park Ave, New York, NY 10022
Listing Courtesy of WW Realty Group Inc

Welcome to this exceptional duplex residence situated in the highly sought after Fordham section of the Bronx.

Description

Welcome to this exceptional duplex residence situated in the highly sought-after Fordham section of the Bronx. Offering an impressive combination of space, versatility, and convenience, this property presents an outstanding opportunity for homeowners, investors, or those seeking a residence with strong income-producing potential. Featuring a total of seven bedrooms and three full bathrooms, the property spans approximately 1,406 square feet of interior living space and is thoughtfully configured across two separate units. The flexible layout allows for a variety of living arrangements, whether you're looking to occupy one unit while generating rental income from the other, accommodate extended household needs, or maximize investment returns. Inside, you'll find bright and inviting living areas complemented by light wood flooring, recessed lighting, and an abundance of natural light throughout. The spacious room configurations provide endless possibilities for personalization, modernization, or value-enhancing improvements. Generous bedroom sizes and functional floor plans create comfortable living spaces designed to meet a wide range of lifestyle needs. Situated on a 1,425-square-foot lot, the property makes excellent use of its footprint while offering the benefits of urban living in one of the Bronx's most established and vibrant neighborhoods. Fordham is known for its excellent accessibility, bustling commercial corridors, educational institutions, and strong transportation network, making it a highly desirable location for both residents and tenants alike. The property is conveniently located near major bus routes, subway lines, shopping centers, supermarkets, restaurants, local businesses, schools, parks, and recreational facilities. Commuters will appreciate the easy access to Manhattan and other parts of New York City, while local amenities provide everything needed for day-to-day convenience. For investors, this residence offers significant upside potential in a neighborhood that continues to experience strong housing demand. The versatile two-unit configuration creates multiple opportunities for rental income and long-term appreciation. For owner-occupants, the property provides the ability to offset ownership costs through rental revenue while enjoying the benefits of a spacious Bronx residence. Whether you're expanding your real estate portfolio, searching for a property with flexible occupancy options, or seeking a well-located investment in a high-demand market, this Fordham residence delivers exceptional value, versatility, and potential. Don't miss the opportunity to secure a property in one of the Bronx's most accessible and dynamic communities.

Amenities

  • Other
  • Trash Collection Public

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.