New York, NY 10458

Property

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

Financials

Price:$1,250,000
Annual Taxes:$20,393.16
505 Park Ave, New York, NY 10022
Listing Courtesy of eRealty Advisors, Inc

Great Investment Opportunity, This is an exceptional investment opportunity in the highly desirable Bedford Park neighborhood of the Bronx.

Description

Great Investment Opportunity, This is an exceptional investment opportunity in the highly desirable Bedford Park neighborhood of the Bronx. The property is in excellent condition and features a semi-detached structure, a new gas boiler, a 75-gallon hot water tank, brand-new electrical service, a garage, a carport, and a newly paved concrete backyard. One apartment will be delivered vacant. This well-maintained six-unit multifamily building offers strong income-producing potential and features a classic New York City walk-up design. Ideally situated near major transportation options, shopping centers, restaurants, schools, parks, and other neighborhood amenities, this property provides convenient access to Manhattan and the surrounding boroughs. Bedford Park is known for its vibrant residential character, proximity to educational institutions, and excellent public transportation connections. Whether you are looking to expand your investment portfolio or acquire a stable multifamily asset in a growing Bronx market, this property presents outstanding long-term value and significant upside potential.

Amenities

  • Electricity Available
  • Natural Gas Available
  • 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.