NEW! Buy and sell safely with virtual options - Learn More
About the Listing CLBANS04 - 64896
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.
Listing Highlights
Interior Details
- Bedrooms: 9
- Bathrooms: 6 Full
- Appliances:
- Air Cond: Wall/Window Unit(s)
- Heating: Baseboard
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Full,Partially Finished,Storage Space,Walk-Out Access
- Other: First Floor Bedroom,First Floor Full Bath
- Water: Public
Exterior Details
- Lot Description: No Waterfront
- Garage Capacity: 6 car
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: Driveway,Off Street,Private
Financial Details
- Tax Amount: $625
- Taxes w/Assessments: N/A
- Tax/Property ID: 03522-0072
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
505 Taylor Ave Bronx, NY 10473
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
