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.… Read More 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. Read Less
Listing Courtesy of: Jean Marrone, Keller Williams Realty Empire, 718-954-8400.
Listing Snapshot
Days Online
436
Last Updated
Property Type
MultiFamily
Beds
10
Full Baths
6
Square Ft.
5,400
Lot Size
0.05 Acres
Year Built
1915
MLS Number
RLS11030435
30 Days Snapshot Of 11220
$1.26M
0%
(avg) sold price
0
-100%
homes sold
Snapshot
Area Map
Additional Details
Building
Living Area Units: SquareFeet, Rooms Total: 23, Structure Type: MultiFamily
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