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Home For Sale
8699 Bay Parkway
Brooklyn, New York 11214
Kings (Brooklyn) CountyCommunity:
$3,980,000
35 br, 16.0 bath
15000 sq. ft.
0.111 acres
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.
Interior:
- Bedrooms: 35
- Baths: 16.0
- Sq Ft: 15000
- Year Built: 1913
- Utilities:
- Fireplaces:
- Stories: 4.0
- Heat/AC: Radiator,Steam
- Garage:
Exterior:
- Lot Size: 0.111 acre
- Lot Dimensions:
- View Types:
- Yard:
- Siding: Brick
- Roof: Unknown
- Property Taxes: $50,277
- MLS #: 479171
Ad Number: 4507090
Viewed 152 times.
Updated: Feb 05, 2024
This property is a Home located at 8699 Bay Parkway, Brooklyn, New York 11214, and is currently For Sale at $3,980,000. This Home has 35 bedrooms, 16.0 baths, 15000 sq ft.
Listing Agent: Kelly Wu, Womcore LLC dba Remax Edge, 718-612-3088, 718-612-3088
Listing Site, Listing Status: Active
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