Fully Renovated 3-Unit
For Sale
$1,140,000
505 Taylor Ave The, Bronx, NY 10473
Turnkey three-unit residence with three bedrooms and two full bathrooms per unit, plus a partially finished walk-out basement.
Days on Market96
Property Features for 505 Taylor Ave The
General Information
Standard status
Active
Property subtype
Investment
Additional Details
Business Included
Yes
Multifamily Units
3
Building Details
Year Built
2006
Tenancy
Multi
Listing Agency:
Coldwell Banker Residential Brokerage
(917) 519-9519
Listed By:
Kiara Lewis
(917) 519-9519
Source:
Elliman
Added: Apr 28
Changed: Jul 20
Last Checked: Jul 21 at 8:36AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Residential Brokerage
Investment Insights
Based on property information with market context.
Welcome to 505 Taylor Avenue, a fully renovated three-unit multifamily residence in the Clason Point area of the Bronx. Each of the three units has been updated and features three spacious bedrooms and two full bathrooms, designed for bright, comfortable living. The property also includes a partially finished walk-out basement and a private backyard for outdoor use.
A dedicated private parking area supports convenient off-street parking. Unit 1 and Unit 2 are currently tenant-occupied on a month-to-month basis at $2,100 each, while one unit is vacant. Full vacancy can be delivered, providing flexibility for an investor or owner-occupant.
The asset benefits from a 421-a tax abatement with approximately six years remaining, and it is described as rent-stabilized.
A dedicated private parking area supports convenient off-street parking. Unit 1 and Unit 2 are currently tenant-occupied on a month-to-month basis at $2,100 each, while one unit is vacant. Full vacancy can be delivered, providing flexibility for an investor or owner-occupant.
The asset benefits from a 421-a tax abatement with approximately six years remaining, and it is described as rent-stabilized.
Key Highlights
- Three‑unit multifamily built in 2006 with fully renovated interiors
- Each unit has 3 bedrooms and 2 full bathrooms
- Partially finished walk‑out basement for additional recreational or storage use
Property Analytics
Current Use
Lease Details
3
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,266
Businesses Nearby
Explore this area
Business Placement
Demographics for 10473, NY
62,692
Population
23,234
Households
2.7
Avg Household Size
38
Median Age
24%
College-Educated
75%
High-School Grad
2.1 sq mi
ZIP Area
29,853
Density / Sq Mi
$50,609
Median Household Income
$40,049
Median Earnings
$1,131
Median Rent
$586,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Turnkey three-unit residence with three bedrooms and two full bathrooms per unit, plus a partially finished walk-out basement.
Where is this triplex located?
The property is located at 505 Taylor Ave The Bronx, NY.
What is the asking price?
The asking price for this property is $1,140,000.
What are key features of this property?
This property features: Three‑unit multifamily built in 2006 with fully renovated interiors; Each unit has 3 bedrooms and 2 full bathrooms; Partially finished walk‑out basement for additional recreational or storage use
