ID # | 23165249 |
Details | 7 bed, 5 bath, Interior: 4800 ft2, 446m2, 6 Units in the building, Building has 3 floors Listing Age: 7 days |
Construction Year | 1926 |
Taxes (per year) | $14,736 |
Bus | 0 min to B70 |
1 min to B16 | |
4 min to B1 | |
6 min to B63, B8 | |
9 min to X27, X37 | |
10 min to B4, X28, X38 | |
Subway | 4 min to R |
LIRR | 5.1 miles to "Atlantic Terminal" |
5.8 miles to "Nostrand Avenue" | |
Priced to sell at a 5.02% Cap rate!
8710 3rd Ave is a prime Bay Ridge, 6-unit multifamily townhouse, comprised of 5 residential units and 1 commercial unit across 4800 square feet. All units are free market and fully leased. Located just one block from the 86th Street Station. This well-maintained property offers a steady income stream and multiple value-add opportunities.
Unit Breakdown
1 X Commercial space
3 X 1 Bedroom & 1 Bathroom
2 X 2 Bedroom & 1 Bathroom
Building Information
Lot Size 20 X 100
Building Size 20 X 80
Total interior square foot 4800
Upgrades: Hot water heaters and boiler
For income and expense breakdown, please reach out.
Value-Add Opportunities:
Laundry Facility: Basement hook-up already in place for adding laundry services.
Storage Cages: Potential to add storage cages in the basement for extra income.
Roof Improvement: Opportunity to finish the roof and possibly create additional usable space.
All numbers are estimate and will need to be verified
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2023 The Real Estate Board of New York, Inc., All rights reserved.