New York, NY 10469

Property

Ownership: For Sale
Type: Single Family
Rooms: 13
Bedrooms: 5 BR
Bathrooms:
Lot Size: 0.1 Acres

Financials

Price:$689,000
Annual Taxes:$4,858.96
505 Park Ave, New York, NY 10022
Listing Courtesy of Progress Realty Inc.

Turnkey Multi Generational Gem on a Quiet Bronx Block !

Ground Floor is ADU Eligible.
Ground Floor is ADU Eligible.

Description

Turnkey Multi-Generational Gem on a Quiet Bronx Block! Offered at a Competitive Price Point | High Appraisal & Investment Value Welcome to this impeccably updated, move-in-ready solid brick home offering incredible versatility, spacious outdoor living, and strong rental income/ADU potential! Perfectly situated on a peaceful, quiet street, this semi-attached property is ideal for multi-generational living, buyers looking for an income-producing unit to offset their mortgage, or investors seeking top market value. The Layout & Features: Main Living Unit (Upper Duplex): Renovated and bright, featuring 3 spacious bedrooms, 1.5 baths, a sprawling living room, formal dining room, and an updated kitchen designed for easy entertaining. Lower Unit (ADU-Eligible Walk-Out): A fully functional ground-level unit boasting 2 bedrooms, 1 bathroom, an eat-in kitchen, and a living area—ideal as a guest suite, extended family quarters, or potential rental income. Outdoor & Bonus Spaces: Enjoy a cozy enclosed front porch, side yard, private back yard for summer cookouts and family gatherings, plus a private driveway. Key Upgrades & Peace of Mind: Solid 1945 brick construction featuring a brand-new roof, updated electrical and gas systems, and 2 separate electric breaker boxes and meters for easy separation of utilities. Location & Convenience: Unbeatable proximity to everything you need: Transit: Steps to the #2 Train (Gun Hill Rd / White Plains Rd), local buses, Metro-North, and easy driving access via the Bronx River Parkway. Community & Health: Minutes from Montefiore Medical Center, NYC Health + Hospitals/North Central Bronx, local schools, and places of worship. Buyer’s Note on Value: Similar and smaller homes in the immediate neighborhood are currently listed for $750,000+. Appraising well above $700k, this turnkey property is competitively priced for a fast sale! Some pictures are AI-generated to show it furnished. Delivered Vacant.

Amenities

  • Electric Cooktop
  • Electricity Connected
  • Gas Range
  • Gas Water Heater
  • Microwave
  • Natural Gas Connected
  • Natural Woodwork
  • Open Kitchen
  • Refrigerator
  • Sewer Connected
  • Tile Counters
  • Trash Collection Public
  • Washer/Dryer Hookup
  • 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.