505 Taylor AVE, Bronx, NY 10473
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$ 1,140,000
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505 Taylor AVE Bronx, NY 10473

9 Beds

6 Baths

2,500 Sqft Lot


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID 990761

Bedrooms 9

Full Baths 6

Rental Info No

Year Built 2006

Annual Tax Amount $625

Lot Size 2,500 Sqft

Acres 0.0574

Property Sub-Type Triplex

Source onekey2

Property Description

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.

Location

State NY

County Bronx County

Rooms

Basement Full, Partially Finished, Storage Space, Walk-Out Access

Interior

Interior Features First Floor Bedroom, First Floor Full Bath

Heating Baseboard

Cooling Wall/Window Unit(s)

Fireplace No

Exterior

Parking Features Driveway, Off Street, Private

Garage Spaces 6.0

Utilities Available Cable Available, Electricity Available, Natural Gas Connected, Sewer Connected, Trash Collection Public

Garage false

Private Pool No

Building

Sewer Public Sewer

Water Public

Structure Type Stone

Others

Senior Community No

Special Listing Condition None


OneKey MLS/ Hudson Gateway (HGAR)/ Long Island MLS (MLSLI)/ Mid Hudson MLS
Listed by Coldwell Banker Realty • Kiara Lewis

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3505 Veterans Memorial Hwy, Suite L, Ronkonkoma, NY, 11779, USA
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505 Taylor AVE