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Listing Courtesy of Compass
$995,000
Est. payment /mo
10 Beds
6 Baths
5,100 SqFt
UPDATED:
Key Details
Property Type Multi Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,100 sqft
Price per Sqft $195
Subdivision Bay Ridge
MLS Listing ID RLS20057786
Style Walk-Up
Bedrooms 10
HOA Y/N Yes
Year Built 1931
Annual Tax Amount $25,176
Property Sub-Type Multi Family
Property Description
This six-unit rent-stabilized building sits just steps from the R train in the heart of Bay Ridge. Two to three apartments will be delivered vacant, offering immediate flexibility for an investor or owner-user. The current rent roll remains below DHCR guidelines, generating a net operating income of approximately $47,880.
Priced to sell, this property offers a rare combination of stability, steady cash flow, and meaningful upside for an investor seeking a low-risk, low-turnover asset in one of Brooklyn's most established neighborhoods.
Please email me for current setup.
Priced to sell, this property offers a rare combination of stability, steady cash flow, and meaningful upside for an investor seeking a low-risk, low-turnover asset in one of Brooklyn's most established neighborhoods.
Please email me for current setup.
Location
State NY
County Kings
Interior
Furnishings Unfurnished
Fireplace No
Laundry See Remarks
Exterior
Exterior Feature Private Outdoor Space Under 60 Sqft
View Y/N No
Private Pool No
Building
Dwelling Type Multi Family
Story 3
New Construction No
Others
Tax ID 05864-0017
Ownership None
Monthly Total Fees $2, 098
Pets Allowed Building No, No
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RLS Data display by eXp Realty
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Randy Reis
Team Leader | License ID: 40RE1176716
Team Leader License ID: 40RE1176716