8699 Bay Parkway Brooklyn, 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. Convenient for all. Ask listing agent for rent roll.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyKings (Brooklyn)
- Taxes$50,277
- HOA/Condo/Coop Fees$0
- Days on Site175 Days
- MLS StatusActive
- MLS ID Number479171
- Home Size Source N/A
- Year Built1913
- Lot Size Acres
- Full Baths16
- Partial BathsN/A
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General Features
- Construction Brick
- Building Features Storage rooms
- Parking Other
- Basement FinishedFullSemi- Finished
- Number of Stories 4
- Cross Street Benson Ave
- Property Sub Type Multi Family
- Zoning R6
Interior Features
- Heating Steam/ RadiatorGas
- Flooring HardwoodTileOther
- Fireplace No
Exterior Features
- Roof Flat
Community Features
- Building Features Storage rooms