New York, NY 10469

Property

Ownership: For Sale
Type: Duplex
Bedrooms: 6 BR
Bathrooms: 3

Financials

Price:$1,100,000
Annual Taxes:$1,289
505 Park Ave, New York, NY 10022
Listing Courtesy of WW Realty Group Inc

Discover an outstanding opportunity to own a newly built multi unit residence in the highly desirable Williamsbridge section of the Bronx.

Description

Discover an outstanding opportunity to own a newly built multi-unit residence in the highly desirable Williamsbridge section of the Bronx. This detached brick property combines contemporary style, quality construction, and excellent income-producing potential, making it an attractive option for both homeowners and investors. Designed with a spacious 3-over-3 layout, each level offers generous living space, soaring ceilings, and an abundance of natural light. The first-floor residence features three comfortable bedrooms and 1.5 bathrooms, providing a practical and inviting layout. The second-floor residence offers three bedrooms and two full bathrooms, including a spacious primary suite with a private bath and direct access to a rooftop balcony—an ideal space to unwind, entertain guests, or enjoy outdoor living. Throughout the property, you'll find modern finishes, open-concept living areas, and thoughtful craftsmanship designed to meet today's lifestyle needs. The fully finished basement provides valuable additional space suitable for recreation, a home office, storage, or other flexible uses. A private driveway offers convenient off-street parking, a highly sought-after feature in this neighborhood. Situated on a quiet residential street, the property enjoys close proximity to public transportation, shopping centers, schools, parks, and a wide range of local amenities. Investment Potential This property presents a strong opportunity for rental income, with estimated market rents exceeding $5,700 per month, or approximately $69,000 annually, based on current Williamsbridge rental demand. • Three-Bedroom Unit: Approximately $2,800–$3,000 per month • Three-Bedroom Unit with Primary Suite & Balcony: Approximately $2,900–$3,200 per month Whether occupying one residence while generating income from the other or leasing both units, this property offers a compelling combination of cash flow, appreciation potential, and long-term value. Our team also provides rental management and tenant-placement services following purchase, helping simplify the transition from ownership to income generation. A rare opportunity to acquire a brand-new, move-in-ready multi-unit property in one of the Bronx's most established neighborhoods.

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.