New York, NY 10472

Property

Ownership: For Sale
Type: Duplex
Bedrooms: 4 BR
Bathrooms: 3
Lot Size: 0.0 Acres

Financials

Price:$685,000
Annual Taxes:$4,924
505 Park Ave, New York, NY 10022
Listing Courtesy of Emran Estates Realty

Legal 2 Family Home For 685, 000 Prime Location, Priced to Move !

Description

Legal 2-Family Home For $685,000 – Prime Location, Priced to Move! Welcome to 1029 Wheeler Avenue, a legal 2-family home offering the perfect opportunity for first-time buyers and investors alike. The main unit is a spacious duplex featuring 3 bedrooms and 2 baths, while the ground floor offers a 1-bedroom, 1-bath apartment — ideal for rental income or extended family living. Recent capital improvements include a brand-new furnace (2026) and a new roof (2025), giving buyers peace of mind and reduced maintenance costs for years to come. Enjoy the convenience of a private driveway and a backyard perfect for entertaining. Unbeatable location just two blocks from the 6 train, with easy access to major highways, grocery stores, and shopping. This is a rare chance to own a legal multi-family property under $700K in one of the Bronx's most connected neighborhoods. Whether you're looking to offset your mortgage with rental income or add a strong asset to your portfolio, this home delivers. Don't miss it — schedule your showing today!

Amenities

  • Electricity Connected
  • First Floor Bedroom
  • First Floor Full Bath
  • Natural Gas 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.