$3,980,000 $21,366 est/mo Sourced by Back At You

8699 Bay Parkway # 16,Bath Beach, NY 11214

Bath Beach NY, 11214

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Description

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.

Details

MLS#3439906
Listing TypeFor Sale
StyleTown House
Suite Number16
Sub-TypeResale
StatusActive
Year1913
Days On Site570
Listing Provided ByRE/MAX Edge | Kelly Wu

Features

Bed(s)35
Bath(s) 16 Total
SQ Feet15,000
BasementY
Units16
ZoningR6
Acreage0.11

Market Activity 11214

MLS Internet Data Exchange (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, and that the data is deemed reliable but is not guaranteed accurate by the OneKey MLS.

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Learn More About This Property

StateNY
CountyBrooklyn
CityBath Beach
Zip Code11214
Subarea13
School DistrictNew Utrecht High School
Elementary SchoolPs 200 Benson School
Middle SchoolJhs 201 Dyker Heights (The)
High SchoolNew Utrecht High School
Listing VS Median (in 11214)
Price:
$3,980,000
low | high
Med:
$559,500
100% of Average
SqFt:
15,000
low | high
Med:
699
100% of Average
$ / SqFt:
$265
low | high
Med:
$802
100% of Average
On Site:
570
low | high
Med:
183.500000
100% of Average
Sourced by Back At You
Listing Updated: May 19, 2024 at 1:10:30 AM PDT
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