United StatesNew YorkBrooklynGravesend8699 Bay Parkway # 16

8699 Bay Parkway # 16
8699 Bay Parkway # 16 Brooklyn, New York 11214 United States

$3,980,000
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RE/MAX Edge

Listing Courtesy of RE/MAX Edge, Email/Phone : 718-288-3835

About 8699 Bay Parkway # 16

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.

Listing Courtesy of RE/MAX Edge, Hudson Gateway Multiple Listing Service, Inc. (HGMLS), Email/Phone : 718-288-3835

The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

PROPERTY INFORMATION

Appliances
Dishwasher, Dryer, Refrigerator, Washer
Basement
Partially Finished
Garage Info
0
Heating
Natural Gas, Hot Water, Steam
Parking Description
On Street
Sewer
Other
Water
See Remarks

EXTERIOR

Construction
Brick

INTERIOR

Flooring
Hardwood
Rooms
48

ADDITIONAL INFORMATION

Number of Units
16
$3,980,000
Change Currency
35
Bedrooms
16
Full Baths
48
Rooms
15,000 Sq Ft.
Interior
.11 Acres
Exterior
Single Family Homes
Property type
1913
Year Built
3439906
Web Id
3439906
MLS ID
New York City Department Of Education
School District
Ps 200 Benson School
Elementary
Jhs 201 Dyker Heights (The)
Middle
New Utrecht High School
High
Listing Courtesy of RE/MAX Edge, Email/Phone : 718-288-3835

RE/MAX Edge

Listing Courtesy of RE/MAX Edge, Email/Phone : 718-288-3835

Copyright 2016 Mid-Hudson Multiple Listing Service, Inc.


All rights reserved. The information appearing herein has not been verified by the Mid-Hudson Multiple Listing Service, Inc. or by any individual(s) who may be affiliated with said entity, all of whom hereby collectively and severally disclaim any and all responsibility for the accuracy of the information appearing at this web site, at any time or from time to time. All such information should be independently verified by the recipient of such data. This data is not warranted for any purpose.

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