8699 Bay Parkway #16Bath Beach, NY 11214
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 TypeMulti-Family
- NeighborhoodN/A
- CountyBrooklyn
- Taxes$49,375
- HOA/Condo/Coop Fees$0
- Days on Site148 Days
- MLS StatusActive
- MLS ID Number3439906
- Home Size Source N/A
- Year Built1913
- Lot Size0.11 Acres
- Full Baths16
- Partial BathsN/A
Sell your house quickly!
Get multiple potential cash offers for your home. Fast and hassle-free!
Learn MoreRecent Activity For 8699 Bay Parkway Bath Beach, NY 11214
| a month ago | |
| 4 months ago | |
| 5 months ago |
Don't miss a thing!
Get updates on new activity for this listing
General Features
- Style Other
- Construction Brick
- Parking On Street
- Sewer Other
- Basement Partially Finished
- Acreage 0.11
- Water See Remarks
- Zoning R6
- Cross Street Benson Ave
- Property Sub Type Multi Family
- Garage Spaces 0
- Attached Garage No
Interior Features
- Heating Natural GasHot WaterSteam
- Appliances DishwasherDryerRefrigeratorWasher
- Flooring Hardwood
- Fireplaces 0
Community Features
- Township Brooklyn
- Senior Community No