$3,980,000
8699 Bay Parkway, Bath Beach, Brooklyn, NY, 11214, USA
MLS#
3439906
Property type
Residential For Sale, Multi-Family, Multi Family
Land size
4,834 sqft (449 m2)
Bedrooms
35
Baths
16
Bathrooms
16
Total number of rooms
48
Sale price per sqm
0 $
Save Listing
Attention Investors!!! A solid brick four-story walk-up, legal 16-families building in one of Bath Beach's most convenient locations. This incredible property is approximately 15,000 sq ft with tremendous income potential! 3 three-bedrooms and 13 two-bedrooms. All oversized two-bedrooms can be easily converted to three-bedrooms. Most units were recently renovated. Enjoy multiple large storage rooms in the basement. New boiler and water heater. Building size 50*75 on Lot size 52*97. Annual property tax $50,277. Zoning R6. Perfect for Investment. Total annual income approx $334,299.96. Total Expenses approx $94,097.00. Total net operating income $240,202.96. Cap Rate 6%. A block away from 86th St business district, short distance to D train Bay Pkwy.
Property Details
Year Built:
1913
Construction:
Brick
Appliances:
Refrigerator, Dishwasher, Washer, Dryer
Floors:
hardwood
Heating System:
Hot Water, Natural Gas, Steam
Cooling System:
Air Conditioning
Basement and Foundation:
Partially Finished
Parking / Garage
Parking type:
On Street
School Information
High School District:
Brooklyn 20
Elementary School:
Ps 200 Benson School
High School:
New Utrecht High School
Middle School:
Jhs 201 Dyker Heights (The)

Contact Me

  • Kelly Wu
  • RE/MAX Edge
  • Phone: 917-916-2368