38 Bay 32nd Street

$1,325,000
Last Sold Price
Beds
5,244 Sq. Ft.
$253 / Sq. Ft.
5,244
Sq. Ft.
$253
per Sq. Ft.

Description

Back on the market. Value-Add Opportunity! 6-unit building with (1) 1-bedroom, (4) 2-bedroom and (1) 3-bedroom apartments. All Brick, large building with high ceilings, 3 floors plus full unfinished basement and 1 parking space. Building is 5,244 sf not including basement. Building dimensions are 23x76. All units individually metered for cooking gas and electric. Landlord pays heat, hot-water, common electric and water/sewer. Lot is 30x96. R5 zoning. Taxes are $17,917 yearly. Building is Rent Stabilized....Back on the market. Value-Add Opportunity! 6-unit building with (1) 1-bedroom, (4) 2-bedroom and (1) 3-bedroom apartments. All Brick, large building with high ceilings, 3 floors plus full unfinished basement and 1 parking space. Building is 5,244 sf not including basement. Building dimensions are 23x76. All units individually metered for cooking gas and electric. Landlord pays heat, hot-water, common electric and water/sewer. Lot is 30x96. R5 zoning. Taxes are $17,917 yearly. Building is Rent Stabilized. There is 1 vacant unit and 2 owner occupied units. Existing Income is $36,360 yearly. Projected Income is $86,316 yearly. Expenses are approximately $33,517 yearly. Adjacent building is available, see MLS# 1146298. Buy as package or separate.

Property Details for 38 Bay 32nd Street

Parking
Carport
Area Name
Bensonhurst
Zoning
R5

Location

Listing Courtesy of HT Realty USA, LLC

Sold By HT Realty USA, LLC

Add your commute
LISTING UPDATED: 03/30/2022 11:23 AM

Property Details for 38 Bay 32nd Street

StatusSold
MLS ID1146299
Days on Market169
Taxes$17,917 / year
Maintenance-
Min. Down Pymt-
Total Rooms-
Compass TypeMulti Family
MLS TypeMultiFamily
Year Built1924
Lot Size2,900 SF / 30' x 97'
CountyKings County

Building

38 Bay 32nd St

6 Units3 StoriesBuilt in 1924

Location

Listing Courtesy of HT Realty USA, LLC

Sold By HT Realty USA, LLC

Add your commute

Building Information for 38 Bay 32nd Street

Stories3Residences6Year Built1924Building Size23' x 76.67'Building Sq. Ft5,290.23 SFLot Size2,900 SF / 30' x 97'Building Age-Building Type-

Payment Calculator

$8,724 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,231

Property Taxes

$1,493

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 38 Bay 32nd Street

Summary
Location and General Information
  • Absolute Longitude: 74
  • Directions: Take 86th Street to Bay 32nd Street (between Bay Parkway and 23rd Ave)
  • Section: N/A
Parking
  • Garage Location: None
  • Garage Capacity: 0.0
Taxes and HOA Information
  • Tax Abated: No
Property
Lot Information
  • Block: 06382
  • Lot: 0058
  • Lot Dim: 30x96.67
  • Parcel ID: 06382-0058
Property and Assessments
  • CofO: Yes
  • Condition: Good
  • Irregular: No
  • Property Group ID: 19990816212116581394000000
  • Year Built Info: Approx
Utilities
  • Cooling: No
  • Electric: 220
  • Electric Meters: Individual
  • Gas Meters: Individual
  • Sewer: City
Interior and Exterior Features
Interior Features
  • # of A/C Units: 0
  • Air Conditioner: Units
  • Basement Desc: Unfinished
  • Basement Type: Full
  • Heat Source: Gas
  • Heat System: Steam
  • No. of Heating Units: 1
Exterior Features
  • Bldg. Dimensions: 23x76.67
  • Siding: Brick
Multi Family
Multi-Family Information
  • Extras: Laundry, Storage
  • Income & Expenses: Gross Income: $36,360.00
  • Income & Expenses: Net Income: $.00
  • Income & Expenses: Total Expense: $.00
Unit 1
  • Unit 1: # Baths: 1
  • Unit 1: # Bedrooms: 2
  • Unit 1: # Rooms: 4
  • Unit 1: Level: 1
  • Unit 1: Rent/Month: $1,300.00
Unit 2
  • Unit 2: # Baths: 1
  • Unit 2: # Bedrooms: 2
  • Unit 2: # Rooms: 4
  • Unit 2: Level: 1
  • Unit 2: Rent/Month: $930.00
Unit 3
  • Unit 3: # Baths: 1
  • Unit 3: # Bedrooms: 3
  • Unit 3: # Rooms: 5
  • Unit 3: Level: 2
  • Unit 3: Rent/Month: $.00
Unit 4
  • Unit 4: # Baths: 1
  • Unit 4: # Bedrooms: 1
  • Unit 4: # Rooms: 3
  • Unit 4: Level: 2
  • Unit 4: Rent/Month: $800.00
Unit 5
  • Unit 5: # Baths: 1
  • Unit 5: # Bedrooms: 2
  • Unit 5: # Rooms: 4
  • Unit 5: Level: 3
  • Unit 5: Rent/Month: $.00
Unit 6
  • Unit 6: # Baths: 1
  • Unit 6: # Bedrooms: 2
  • Unit 6: # Rooms: 4
  • Unit 6: Level: 3
  • Unit 6: Rent/Month: $.00
Rental
Rental Information
  • Rent Control # of Units: 0
  • Rent Stabilized # Units: 6

Property History for 38 Bay 32nd Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 38 Bay 32nd Street

This home is within Nyc Geog District #21 - Brooklyn.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 6 to 12
Public - 6 to 12
Rating
School
Distance
P.S. 101 the Verrazano
PublicPK to 5

Is 281 Joseph B Cavallaro
Public6 to 8

Brooklyn Studio Secondary School
Public6 to 12

Kingsborough Early College School
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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Listing Courtesy of HT Realty USA, LLC

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. 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. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.