MLS # | 3439906 |
Details | 16 fam, 35 bed, 16 bath, dishwasher, washer, dryer, AC, Lot Size: 0.11 acres, Interior: 15000 ft2, 1394m2, 16 Units in the building |
Construction Year | 1913 |
Taxes (per year) | $49,375 |
Fuel Type | Gas |
Heat type | Hot water |
Basement | Partial |
Bus | 1 min to B6, B82 |
2 min to B64 | |
4 min to B1 | |
5 min to X28, X38 | |
8 min to B3 | |
10 min to B4 | |
Subway | 4 min to D |
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. © 2023 OneKey™ MLS, LLC