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  • FOR SALE
    $3,980,000

    8699 Bay Parkway #16
    Bath Beach, NY 11214

    Multi-Family
    Residential
    35
    Beds
    16
    Baths
    15,000
    Sq. Ft.
    0.11
    Acre Lot
    Listing by: RE/MAX Edge, 718-288-3835
    Weichert> New York> Bath Beach> 11214
    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.
    3439906
    Residential - Multi-Family, Other
    35
    16 Full
    1913
    Brooklyn
    0.11 Acres
    See Remarks
    Brick
    Other
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    The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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    Listing by: RE/MAX Edge, 718-288-3835
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