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505 Taylor Ave, Bronx, NY, 10473

$1,199,999

Home List Price

$10,000*

Closing Credit

9 Bedrooms
6 Full Baths
Multi

Location

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505 Taylor Ave, Bronx$1,199,999

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingDriveway, Off Street, Private
Year Built2006
HeatingBaseboard, Natural Gas
CoolingWall/Window Unit(s)
BasementYes
MLS #801868
Lot Size0.06 Acres
StatusActive

About 505 Taylor Ave

Welcome to Soundview (Clason Point) section of the Bronx. This property 505 Taylor Ave is an exceptional investment opportunity nestled in the vibrant community of Bronx, NY. This immaculately maintained brick triplex, built in 2007, offers a compelling blend of modern design and reliable income potential, ideal for the discerning investor. Spanning a generous 3,111 square feet, this property boasts nine well-appointed bedrooms and six full bathrooms, distributed across three expansive apartments. Each unit features a thoughtful layout that includes a master bedroom with an ensuite bathroom, two additional large bedrooms, a second full bath, and an inviting living room that flows seamlessly into an open concept kitchen and dining area. Quality finishes like gleaming hardwood floors enhance the warmth and elegance of the space, while abundant windows bathe each apartment in natural light, creating a welcoming ambiance for tenants. The contemporary kitchens are perfect for hosting and entertaining, cementing this property's appeal in the rental market. A huge full basement with lots of potentials with 2 entrances front and walk out to the backyard. Each apartment has it's own boiler and hot waters heater tenants are resppnsibly for their own utilities. With eight years of tax abatement remaining, investors will appreciate the extremely low taxes that increase the profitability of this income-producing machine. Additionally, the convenience of long drivewaway that has room for six private parking spaces adds to the desirability for prospective renters. Lot of backyard space for entertainment and family gatherings. Situated in a dynamic neighborhood with easy access to amenities, close to stores, restaurants, schools, banks, Soundview Park and close to transportation buses, trains. You also have easy access to the NYC Ferry with stops from Soundview (Clason Point Park) to 4 different stops Manhattan. This makes travaling to the City that much easier and hassle free. 505 Taylor Ave is not only a wise investment but also a turnkey solution for generating substantial rental income. Capitalize on this rare opportunity to own a top-tier, investor-friendly apartment building in one of New York's burgeoning boroughs.

Property Details

Property Features

Property Information:

  • Year Built: 2006

Listing Office:

  • Office Name: eXp Realty
  • Office Phone: (347) 779-6485

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Hardwood
  • Interior: First Floor Bedroom, First Floor Full Bath, High Ceilings

Bedroom and Bathroom Information:

  • Full Bathrooms: 6
  • Total Bedroom Count: 9

Exterior Features

Parking Information:

  • Parking: Driveway, Off Street, Private

Lot Features

Lot Information:

  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Natural Gas
  • Cooling: Wall/Window Unit(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,199,999

Tax Information:

  • Annual Amount: $658
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Bronx, NY.

Med. Sold Price

$592.3K

Med. Price/SqFt

$348

Avg. Days On Market

60

# of Sold Homes

164

505 Taylor Ave vs Bronx

3 DAYS ON ROCKET

-57 Days

$1,199,999

+$607.6K More

KEY TAKEAWAY

This property is $607.6K more than the Median Sold Price in Bronx, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ONEKEY2
  • MLS Number: #801868

Listing Office:

  • Office Name: eXp Realty
  • Office Phone: (347) 779-6485

IDX Listings courtesy of OneKey MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDXThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.

Information Copyright 2024, OneKey™ MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 12/3/2024, 10:56:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 11, 2007Home Sold
$715,850
Sep 11, 2006Home Sold
$65,000

Tax History

YEARPROP. TAXASSESSMENT
2020$658$41,400
2018$6,936$34,920
2017$6,417$34,026

History based on county public records data.

Payment Calculator

$6,057

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,664

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-3834241
4
/10
  • P.S. 69 The New Visions School

  • 560 Thieriot Ave

  • 0.13 miles

  • Public District Grades PK-5

school-card-donut-3834242
6
/10
  • P.S. 182 Bronx

  • 601 Stickball Blvd

  • 0.35 miles

  • Public District Grades KG-5

school-card-donut-3834243
5
/10
  • P.S. 107 Bronx

  • 1695 Seward Ave

  • 0.42 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $46,190. Residents of Bronx, NY typically earn between $35k-100k each year. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas


Rocket Homes›New York›Bronx County›Bronx›10473›505 Taylor Ave

This home is located at 505 Taylor Ave in Bronx, NY and zip code 10473 in the Southeast Bronx neighborhood. This home, which was built in 2006, sits on a 0.06 acre lot. Features: 9 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since November 30, 2024 and is currently priced at $1,199,999.

While more than 52 listings in Bronx, NY in November 2024 were sold above asking price, there were more than 37 listings sold at asking price, and more than 75 were sold below. The number of listings in Bronx, NY decreased by 6% between October 2024 and November 2024. The median list price of listings available in November 2024 was $592,317, while the average time on the real estate market was 60 days.

From Rocket Homes Real Estate and based on county public records data.

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