New York, NY 10461

Property

Ownership: For Sale
Type: Unknown
Lot Size: 0.1 Acres

Financials

Price:$1,150,000
Annual Taxes:$14,784.40
505 Park Ave, New York, NY 10022
Listing Courtesy of Keller Williams Realty Group

Exceptional investment opportunity in the heart of Pelham Bay.

Description

Exceptional investment opportunity in the heart of Pelham Bay. This classic brick-front, four-family property combines timeless character, strong income potential, and a highly sought-after location, making it an outstanding addition to any investment portfolio. Featuring three, two-bedroom apartments and one, renovated one-bedroom apartment, and a walkout basament, the building offers a desirable unit mix that appeals to a wide range of tenants. A private 2-car garage provides additional convenience and potential income opportunities. Ideally situated moments from transportation, shopping, restaurants, schools, and the expansive green spaces of Pelham Bay Park, residents enjoy the perfect balance of neighborhood charm and urban accessibility. Whether you're a seasoned investor seeking stable cash flow and long-term appreciation or an owner-occupant looking to offset expenses with rental income, 2043 Mayflower Avenue presents a rare opportunity to acquire a multifamily asset. Highlights: • Four-family brick-front building • Three 2-bedroom units and one 1-bedroom unit • Walk-out basement • Private garage • Strong income-producing potential • Prime Pelham Bay location • Close to transportation, shopping, dining, and parks • Excellent opportunity for investors or owner-occupants • Opportunity for long-term appreciation in a high-demand rental market

Amenities

  • Other

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.