Delivered fully vacant at closing, this detached 2 family duplex offers immediate flexibility for both end users and investors in a consistently strong rental corridor of Bronx.


Property

Website:https://www.nestseekers.com/5508174
Address:
New York, NY 10470
Ownership: For Sale
Type: Duplex
Bedrooms: 4 BR
Lot Size: 0.1 Acres

Financials

Price:$850,000
Annual Taxes:$5,303.24

Description

Delivered fully vacant at closing, this detached 2-family duplex offers immediate flexibility for both end-users and investors in a consistently strong rental corridor of Bronx. Located near major transit options, including Metro-North access and multiple subway and bus routes along the Gun Hill Road and Jerome Avenue corridors, the property offers an easy commute to Manhattan and surrounding employment hubs—an important driver of long-term rental demand and resale stability. The layout features a 2-over-2 duplex configuration with a finished basement, private parking, and an oversized lot, providing multiple income and living strategies. Investors can immediately reposition rents at market levels with no tenant turnover delays, while end-users can occupy one unit and offset carrying costs with rental income from the second unit—creating a clear path toward affordability and long-term wealth building. The R4A zoning and lot size add additional long-term value, offering both stability and potential future upside in a neighborhood where multi-family housing remains in strong demand and supply is limited. Key Highlights: Delivered fully vacant at closing (rare, immediate control) Detached 2-family duplex (2 over 2 layout) Finished basement with flexible use potential Private driveway / parking Oversized lot Strong rental income potential with market-rate upside Close to transit, schools, shopping, and commuter routes Ideal for owner-occupants or passive income investors This is a true asset in a high-demand Bronx neighborhood—offering immediate usability, strong rental fundamentals, and long-term appreciation potential driven by location, transit access, and housing demand.

Amenities

  • Electricity Connected
  • First Floor Bedroom
  • Natural Gas Connected

Contact

505 Park Ave, New York, NY 10022
Listing Courtesy of Keller Williams Realty Group