New York, NY 10469

Property

Ownership: For Sale
Type: Duplex
Bedrooms: 5 BR
Bathrooms: 3
Lot Size: 0.1 Acres

Financials

Price:$950,000
Annual Taxes:$8,836
505 Park Ave, New York, NY 10022
Listing Courtesy of RE/MAX Distinguished Hms.&Prop

Welcome to an exceptional two family home in the desirable Pelham Gardens area of the Bronx.

Description

Welcome to an exceptional two family home in the desirable Pelham Gardens area of the Bronx. This home offers the perfect combination of comfort, convenience, and investment potential. This well maintained property sits on a rare double lot in a highly desirable neighborhood close to shopping, schools, restaurants, parks, major highways, train and express bus service to Manhattan. The owner’s unit features a spacious three bedroom, two bathroom layout filled with natural light and comfortable living space with plenty of closet space. The second unit offers a generous two bedroom, one bathroom large floor plan, making it ideal for generating rental income or accommodating extended family. Each apartment has its own separate boiler and hot water heater, providing added efficiency and convenience for both owners and tenants. One of this property’s standout features is its incredible outdoor space. The oversized double lot offers a beautiful backyard that is perfect for hosting unforgettable summer barbecues, family gatherings, relaxing evenings, or simply enjoying your own private outdoor retreat. The private driveway provides parking for up to four vehicles. Whether you’re an investor seeking a strong income producing property or a homeowner looking to offset your mortgage by living in one unit while generating rental income from the other, this home checks every box. Perfectly located with easy access to shopping, dining, schools, public transportation, and major commuter routes, this home offers the ideal blend of suburban comfort and city convenience. You don't want to miss it! * There is a video recording device on the property. Dishwasher selling as is, it is not working on the top unit. Crawl space in Utility room.

Amenities

  • Back Yard
  • Cathedral Ceiling(s)
  • Electricity Available
  • High ceiling
  • Natural Gas Available
  • Paved

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.