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8699 Bay Parkway

BROOKLYN, NY 11214
  • $3,880,000
  • STATUS: Active
  • ON SITE: 340 Days
  • MLS #: 477897
UPDATED: 60 min ago
$3,880,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 16
    BATHS
  • 0
    1/2 BATHS
  • 15,000
    SQFT
  • $259
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1913
Area:

School Ratings & Info

Description

This is a rare chance to own a legal 16-unit brick walk-up building located in the highly sought-after area of Bath Beach. The building sits on a large 52x97 lot and measures 50x75. It comprises 13 two-bedroom and 3 three-bedroom apartments, all in excellent condition or recently renovated. The building is conveniently situated just one block away from shopping, restaurants, banks, supermarkets, services, and public transportation. Currently, the building generates approximately $347,000 in rental income, with around $96,500 in expenses. You don't want to miss out on this rare opportunity! Please call agent for more information!

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© 2024 Brooklyn New York Multiple Listing Service, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Edge. Data last updated: 2024-10-03T12:00:27.997.
www.remaxedgenyc.com/homes/144811122
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8699 Bay Parkway BROOKLYN, NY 11214

  • Price: $3,880,000
  • Status: Active
  • On Site: 340 Days
  • Updated: 60 min ago
  • MLS #: 477897
0
Beds
16
Baths
0
½ Baths
0.11
Acres
15,000
SQFT
$259
$/SQFT
1913
Built
Neighborhood:
Brooklyn
County:
Kings (Brooklyn)
Area:
Bath Beach
Property Description
This is a rare chance to own a legal 16-unit brick walk-up building located in the highly sought-after area of Bath Beach. The building sits on a large 52x97 lot and measures 50x75. It comprises 13 two-bedroom and 3 three-bedroom apartments, all in excellent condition or recently renovated. The building is conveniently situated just one block away from shopping, restaurants, banks, supermarkets, services, and public transportation. Currently, the building generates approximately $347,000 in rental income, with around $96,500 in expenses. You don't want to miss out on this rare opportunity! Please call agent for more information!
Exterior Features

Building Length 75.00 Building Width 50.00 Construction Materials Brick Exterior Brick Lot Size Length 96 Lot Size Width 50 Parking Attributes Other Parking Feature Street Roof Flat Yard Back

Interior Features

Basement Amenities Semi-Finished Building Footprint Sq Ft 3750 Flooring HardwoodTile Foundation Details Poured Concrete Heat Delivery Steam/Radiator

Property Features

ACUnits 0 Block 6415 Building Amenities NONE Construction Type Attached Cross Street Name 68th St Cross Street Name2 70th St Electric 110 V Financing 1031 ExchangeBank MortgageCash Gross Income 337000 Handicap Access Unknown Heating Fuel Gas Hot Water Gas Insurance Expense 7200.00 Lot Number 35 Lot Size Irregular YN 0 Number Of Families 16 Property Sub Type Multi-Family Property Type Residential Residential Features Other Sale Type Arm's Length Tax Amount 50278.00 Transaction Type Sale Zoning R6

Listing information © 2024 Brooklyn New York Multiple Listing Service, Inc.
Listing provided courtesy of Grandeur Realty, Inc.: (917) 810-3870.


© 2024 Brooklyn New York Multiple Listing Service, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Edge. Data last updated: 2024-10-03T12:00:27.997.
 
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RE/MAX Edge
1812 Bath Ave
Brooklyn NY, 11214