8510 Bay 16th ST, Brooklyn, NY 11214
8510 Bay 16th ST, Brooklyn, NY 11214
8510 Bay 16th ST, Brooklyn, NY 11214
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Randy Reis

Randy Reis

+1(917) 435-4870
$2,980,000
Est. payment /mo
7,311 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 7,311 sqft

Price per Sqft $407

MLS Listing ID 499099

Year Built 1996

Annual Tax Amount $45,854

Property Sub-Type Office

Property Description

Rare-find commercial building built in 1996 with C1-2/R5 overlay zoning, currently fully occupied by 5 commercial tenants: a long-established dental office on the 1st front, a construction company office on the 1st floor rear, a limousine service company on the 2nd floor front, a dental lab on the 2nd floor rear, and a usable basement occupied by a spice company. The building measures approximately 30×103 ft (about 3,111 SF) on the first floor, with the second floor and basement each approximately 30×70 ft, for a total of roughly 7,311 SF, situated on a 38×103 ft lot with a private driveway. Additional features include an elevator from the basement to the top floor, 4 separate entrances, and 5 separate water heaters along with 5 independent HVAC systems. This is an excellent investment opportunity generating approximately $191,400 in annual income with an NOI of $134,546, offering strong upside potential for future income growth.

Location

State NY

County Kings (brooklyn)

Area Bensonhurst

Zoning R5/C1-2

Rooms

Basement Finished, Full, Separate Entrance, Usable

Interior

Interior Features Elevator - Private, Fire Sprinkler, Handicap Design, Restrooms - Public, Restrooms - Staff, Security Alarm

Heating Gas

Flooring Hardwood, Tile

Heat Source Gas

Exterior

Exterior Feature Stucco

Roof Type Flat

Present Use Health Care,Office,Other

Handicap Access Yes

Building

Story 2

Foundation Poured Concrete

Others

Energy Description Gas

Financing 1031 Exchange,Bank Mortgage,Cash

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Listed by RE/MAX Edge

NEARBY SCHOOL & BUSINESS

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Randy Reis

Randy Reis

+1(917) 435-4870

Team Leader | License ID: 40RE1176716

Team Leader License ID: 40RE1176716

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