New York, NY 10469

Property

Ownership: For Sale
Type: Duplex
Bedrooms: 7 BR
Bathrooms: 2
Lot Size: 0.1 Acres

Financials

Price:$949,000
Annual Taxes:$6,269
505 Park Ave, New York, NY 10022
Listing Courtesy of Winzone Realty Inc

Turnkey investment opportunity in the Bronx !

Description

Turnkey investment opportunity in the Bronx! This newly renovated two-family home offers immediate income and flexibility for an owner-occupant or investor. First Floor: Spacious 3-bedroom unit — vacant and move-in ready, perfect for owner-occupancy or immediate lease-up at market rate Second Floor: Generous 4-bedroom unit — currently occupied by a paying tenant, providing instant cash flow from day one- Collecting $3,700 Basement: Bonus studio apartment — additional income stream or ideal space for extended family, home office, or storage Condition: Comprehensively renovated throughout — modern kitchens, updated bathrooms, and fresh finishes across all units Whether you're an investor seeking strong rental income across three units or a buyer looking to live in one unit while the others offset your mortgage, this property delivers flexibility rarely found in the current market. The vacant first-floor unit means no waiting to set your own rent at today's rates, while the occupied second floor and basement studio provide day-one cash flow. Located in the Bronx with easy access to transportation and neighborhood amenities — a strong addition to any rental portfolio.

Amenities

  • Cable - Available
  • Electricity Available
  • First Floor Bedroom
  • Natural Gas Available

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.