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listing
1 of 43
Single FamilyFor Sale
$3,980,000
8699 Bay Parkway
Brooklyn, NY 11214
Listing Provided Courtesy of Re/max Edge
MLS: Brooklyn New York MLS
35Beds
16Baths
15,000Sq Ft
Est. Mortgage
$20,644/mo

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. Convenient for all. Ask listing agent for rent roll.

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Data last updated: 11/25/2024 08:26 AM
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