Bay Ridge All-Brick 6-family asset. Fully tenanted, the owner-occupied 2-bedroom will be delivered vacant. Upside potential offers the opportunity for growing returns; all current 2-year leases are set to expire on 9/30/25. The building is 20' x 90' on a 114 ft lot zoned R7B. Well-maintained, with 5,400 interior sq.… Read More ft. located in prime Northern Bay Ridge near shopping, dining, and multiple transportation options. Current RR is $123,421/yr, with total expenses of $38,584 (current CAP 6.3). Projected income upon new lease signing is $145,729, bringing CAP to 8%. 11 total bedrooms, 6 baths. Buyers are responsible for due diligence; apartments are rent-stabilized. Shown by appointment. Read Less
Listing Courtesy of: Jean Marrone, Keller Williams Realty Empire
Listing Snapshot
Days Online
721
Last Updated
Property Type
MultiFamily
Beds
10
Full Baths
6
Square Ft.
5,400
Lot Size
0.05 Acres
Year Built
1915
MLS Number
RLS11030435
30 Days Snapshot Of 11220
$1.81M
0%
(avg) sold price
0
-100%
homes sold
42
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Living Area Units: SquareFeet, Rooms Total: 23, Structure Type: MultiFamily
Exterior Features
Other Equipment: Intercom
Foundation
Foundation Area: 0
Property
Property Condition: GoodCondition, Property Sub Type: MultiFamily
Information herein is deemed reliable but not guaranteed and 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. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by Coldwell Banker Warburg. If you have any questions regarding the accuracy of this data, please contact us at [email protected]. Data updated:
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