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35200
  • Key Facts
  • Description
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Key Facts

Type Multi Family
Levels Residential
Size 18720 sqft
Garage No
Taxes $50,611
Days Active 0
Lot Size 
Approx. Age 1916
Avg. Price Per Sqft $186
MLS® Number 492709

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Presenting a rare opportunity to acquire a well-maintained, income-producing 20-family brick building in the heart of Bath Beach—one of Brooklyn’s most established and sought-after neighborhoods. Property Details: Building Size: 60' x 78', Lot Size: 60' x 97'. Total Living Area: 18, 720 SF Unit Mix: (3) Three-bedroom units (9) Two-bedroom units (8) One-bedroom units Most units have been updated Financial Highlights: Gross Annual Income: $290, 820 Cap Rate: Over 5% Approximately 10 leases renew annually, offering consistent rent growth potential Situated on a quiet, tree-lined street just minutes from 86th Street retail, restaurants, banks, supermarkets, Dyker Beach Park & Golf Course, and public transportation. Easy access to the Belt Parkway. This is a high-performing, turn-key asset with stable cash flow and future upside—ideal for investors seeking a strategic long-term hold in a proven Brooklyn submarket.Show Description
MLS® Number492709
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age1916
BasementFull
DrivewayOther
Garage Spaces
HeatHot Water, Gas
A/C
Heating Fuel

Extras

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