New York, NY 10461

Property

Ownership: For Sale
Type: Duplex
Bedrooms: 6 BR
Bathrooms: 2
Lot Size: 0.1 Acres

Financials

Price:$875,000
Annual Taxes:$7,160
505 Park Ave, New York, NY 10022
Listing Courtesy of Keller Williams Realty Group

Opportunity knocks in the Pelham Bay section of the Bronx !

Description

Opportunity knocks in the Pelham Bay section of the Bronx! This bright and spacious detached, two-family home offers exceptional versatility, featuring two expansive 3-bedroom, 1-bath apartments plus a large Walk-out basement, making it an outstanding opportunity for owner-occupants, multi-generational living, or investors seeking income potential. The first-floor apartment features a beautifully renovated kitchen with direct access to a large patio, creating the perfect setting for outdoor entertaining. A spacious living room, in-unit laundry, 3 generously sized bedrooms, and direct access to the finished walk-out basement add to the home's functionality and convenience. The second-floor apartment has been freshly painted, and new kitchen flooring has been installed. It offers a layout similar to unit 1, with three bedrooms, a spacious living area, and excellent flexibility for extended family or rental income. The finished walk-out basement, complete with a private entrance, a kitchenette, and a full bathroom, adds approximately 655 square feet of versatile bonus space, ideal for guest quarters, recreation, a home office, gym, or a variety of other uses. Ideally located just minutes from City Island and Orchard Beach, and conveniently close to public transportation, major highways, shopping, restaurants, parks, and local amenities, this home offers the perfect combination of space, flexibility, convenience, and location. Don't miss this exceptional opportunity to own a versatile two-family home in one of the Bronx's most sought-after neighborhoods!

Amenities

  • Electricity Connected
  • Entrance Foyer
  • First Floor Bedroom
  • First Floor Full Bath
  • Galley Type Kitchen
  • Granite Counters
  • High ceiling
  • Natural Gas Connected
  • Original Details
  • Sewer Connected
  • Storage
  • Walk Through Kitchen
  • Washer/Dryer Hookup

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.