New York, NY 10474

Property

Ownership: For Sale
Type: Unknown
Bedrooms: 8 BR
Bathrooms: 6
Lot Size: 0.1 Acres

Financials

Price:$1,195,000
Annual Taxes:$8,060.12
505 Park Ave, New York, NY 10022
Listing Courtesy of Do All Realty

Solid amp ; Legal 3 Family Brick Home 3 Stories Plus Finished Basement !

Description

Solid & Legal 3-Family Brick Home – 3 Stories Plus Finished Basement! Exceptional Investment Opportunity! Don't miss this rare opportunity to own a fully brick, legal 3-family property in the highly desirable Hunts Point section of the Bronx. Built in 2007, this impressive 3-story home offers approximately 3,180 square feet of living space and features a private 2-car driveway. With paying tenants already in place and one unit being delivered VACANT, this property presents an outstanding opportunity for both investors and owner-occupants. Investors, Buy this house to potentially collect good money every month rental income. One of the spacious 3-bedroom apartments will be delivered VACANT, offering immediate rental potential at an estimated market rent of approximately $3,600 per month. With strong rental demand in the area, the property has the potential to generate over $10,000 in monthly rental income. The second and third floors each feature a generous 3-bedroom, 2-bathroom layout, including a primary suite with a private bathroom and walk-in closet. Both units are currently occupied by paying tenants and rented at $2,285 per month. The first-floor apartment offers 2 bedrooms and 1 full bathroom and is currently occupied by a paying tenant at $2,750 per month. The finished basement includes a full bathroom, a large open layout, and a separate entrance, offering a potential rentable 2-bedroom unit.. Additional highlights include: • Fully brick construction • Built in 2007 • 20' x 53' building size • Approximately 1,060 square feet per floor • 3,180 total square feet • Hardwood floors throughout • Granite countertops • 4 electric meters and 2 gas meters • Updated and well-maintained condition Conveniently located at 635 Coster Street, this property offers easy access to the Bruckner Expressway, Bronx River Pkwy, public transportation, local bus routes, and the 6 train. Residents will enjoy close proximity to schools, shopping centers, restaurants, cafes, parks, and many other neighborhood amenities. Whether you're looking for a strong income-producing investment or a primary residence with substantial rental income potential, this property checks all the boxes. Schedule your showing today—opportunities like this don't come around often!

Amenities

  • Chefs Kitchen
  • Electricity Connected
  • First Floor Bedroom
  • Granite Counters
  • Natural Gas Connected
  • Sewer Connected
  • Trash Collection Public
  • Water Connected

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.