New York, NY 10464

Property

Ownership: For Sale
Type: Duplex
Bedrooms: 3 BR
Bathrooms: 2
Lot Size: 0.1 Acres

Financials

Price:$599,000
Annual Taxes:$7,143
505 Park Ave, New York, NY 10022
Listing Courtesy of Seas The Day Realty LLC

CASH only sale. Bring your imagination and renovation vision to this rare opportunity two homes on a 50x100 lot.

Description

CASH only sale. Bring your imagination and renovation vision to this rare opportunity: two homes on a 50x100 lot. Each bungalow can be rented separately for income, or you can live in one and rent the other. Full of City Island’s early-1900s vacation charm, these homes are ready for your contractors and ideas. Updates include roofs and exterior paint in 2019, plus hot water heaters in 2023. 485 Minnieford Avenue has been winterized and currently has no heat or running water. The property is in the R3A building class, B9 two-family zone. The existing bungalows may be used as two residences as shown or potentially expanded, including the possibility of adding a second floor for more living space. Enjoy a convenient location near Beach Street beach on Long Island Sound, restaurants, yacht clubs, and shopping. The property is in an AE flood zone with an existing FEMA policy in place, and flood insurance may be required. Taxes do not reflect the STAR exemption.

Amenities

  • Cable - Available
  • Ceiling Fan(s)
  • Electricity Connected
  • First Floor Bedroom
  • First Floor Full Bath
  • Galley Type Kitchen
  • Garden
  • High ceiling
  • Natural Gas Connected
  • Rain Gutters
  • Sewer Connected
  • Storm Doors
  • 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.