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Listing Courtesy of Keller Williams Realty Empire
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Est. payment | /mo
10 Beds
6 Baths
5,400 SqFt
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Est. payment | /mo
10 Beds
6 Baths
5,400 SqFt
Key Details
Property Type Other Types
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,400 sqft
Subdivision Bay Ridge
MLS Listing ID RLS11030435
Style Prewar,Walk-Up
Bedrooms 10
Full Baths 6
HOA Y/N No
Year Built 1915
Annual Tax Amount $21,584
Property Sub-Type Multi Family
Property Description
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. 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.
Location
State NY
County Kings
Interior
Equipment Intercom
Fireplace No
Laundry See Remarks
Exterior
Private Pool No
Building
Dwelling Type Multi Family
Story 3
New Construction No
Others
Pets Allowed Pets Allowed
Tax ID 05855-0180
Ownership None
Monthly Total Fees $1, 798
Pets Allowed Building Yes, Yes
RLS Data display by Nest Seekers New Jersey
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