New York, NY 10472

Property

Ownership: For Sale
Type: Retail

Financials

Price:$4,300,000
Annual Taxes:$31,567
505 Park Ave, New York, NY 10022
Listing Courtesy of eXp Realty

Description

Commercial Brick building ideal for Investor at 7.4% CAP or User (with 6 room medical space available on the second floor for immediate occupancy, with approximately 600NSF). The building is approximately 8,000sf on 2 levels with building size 55 x 72 and Lot size 55 x 100. The Zoning is C4-2, which gives opportunity to investor to add additional 10,000sf and increase to 18,700sf (Please check and confirm with your architect). First floor: - 2 Retail stores (Office and Restaurant). Second Floor: - 3 Medical / Office spaces (which includes shared common areas, including several reception areas, waiting area, bathrooms, stairs, elevator and 3 parking spaces in the back yard). This location is just 100 feet from the #6 subway line and is situated along the high-traffic Westchester Ave, connected to Manor Ave. The center is fully ADA compliant, offering a wheelchair ramp, ADA restroom, and elevator. Please do not disturb current tenants or patients. All showings must be scheduled in advance with the listing broker. Feel free to call with any questions.

Amenities

  • Electricity Connected
  • Sewer Connected
  • Water Connected

Commercial Brick building ideal for Investor at 7.


    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.