Multi Family 2-4 in Bronx County
| MLS Number | 990761 |
|---|---|
| Address | 505 Taylor Avenue, Bronx, NY 10473 show map |
| Price | $1,140,000 show mortgage calculator |
| Acres | 0.057392102846648 |
| Year Built | 2006 |
| Est. Sq. Footage | 0 |
| Elementary School | |
| Jr High-Middle School | |
| High School | |
| Estimated Taxes | $625 |
| Total Apt Units | 3 |
| Total Bedrooms | 9 |
| # 3 Brs | 3 |
Welcome to 505 Taylor Avenue, an exceptional fully renovated 3-unit multifamily residence located in the desirable Clason Point area of the Bronx. This turnkey asset offers a rare blend of modern design, strong income potential, and long-term upside in a growing residential enclave. Each of the three units has been meticulously updated and features three spacious bedrooms and two full bathrooms, designed with today’s lifestyle in mind creating bright, comfortable, and highly desirable living spaces for tenants or end-users alike. The property also includes a partially finished walk-out basement, ideal for additional recreational or storage use, along with a private backyard perfect for outdoor enjoyment. A dedicated private parking area further enhances the value, an increasingly rare convenience in the Bronx. Currently, Unit 1 and Unit 2 are tenant-occupied on a month-to-month basis at $2,100 each, with no active leases in place, while one unit is vacant. Full vacancy can be delivered, offering maximum flexibility for investors or owner-occupants seeking to reposition or maximize rental income. This property benefits from a 421-a tax abatement with approximately six years remaining and is rent-stabilized, presenting a compelling opportunity to acquire a well-performing asset with tax advantages already in place. Whether you’re expanding your portfolio or seeking a high-quality multifamily investment, 505 Taylor Avenue stands out as a premier opportunity in a prime Bronx location. Call today to schedule your private showing.
© 2022 OneKey Multiple Listing Service, Inc., All Rights Reserved. The data relating to real estate for sale or lease on this website comes in part from OneKey MLS. Real estate listings held by brokerage firms other then CS Realty Relocation Services are marked with a OneKey MLS Logo. The information appearing herein has not been verified by the OneKey Multiple Listing Service, Inc. or by the Hudson Gateway Association of Realtors, Inc. or by any individual(s) who may be affiliated with said entities, all of whom hereby collectively and severally disclaim any and all responsibility for the accuracy of the information appearing at this web site, at any time or from time to time. All such information should be independently verified by the recipient of such data. This data is not warranted for any purpose.
