8699 Bay Parkway Unit 16
Bath Beach,
NY
11214
- For Sale
- 35 Bedrooms
- 16 Full Baths
- 15000 SqFt
- Year Built 1913
- Multi Family
- ML# 3439906
Property Details
Overview
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.
Key Facts
- •SqFt: 15000.00
- •Style: Other
- •Lot Size: 0.11
- •Lot Sq Ft: 4834
- •Taxes: $49,375
- •School District#: 20
- •School District: Community District 20
- •Zoning: R6
•Block: 6415
- •Lot: 35
- •Construction Materials: Brick
- •Garage: 0.0
- •Parking Spaces: Yes
- •Parking Facilities: On Street
- •Wood Floors: Yes
- •Bedroom: 35
- •Full Bath: 16
- •Washer: Yes
- •Dryer: Yes
- •Refrigerator: Yes
- •Dishwasher: Yes
- •Heat: Natural Gas, Hot Water, Steam
- •Water: See Remarks
- •Sewer: Other
Listing Information provided courtesy of
RE/MAX Edge
718-288-3835
The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. Information Copyright 2020, OneKey™ MLS