8316 6th Avenue

Bay Ridge

$1,800,000
Last Sold Price
8
Beds
4
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Prime 1031 Exchange Property: Grand freestanding four-family home with two-car detached garage in prime Bay Ridge! Welcome home to this newly renovated parlor floor. Choose to live in this unit and have rental income from the rest. Three bedrooms plus sunroom with a newly renovated kitchen and one full bathroom. Garden level is currently used as an office space; could be used as a two bedroom apartment with one full bathroom. Top floor is a studio apartment facing the front and a 3 bedroom apartment...Prime 1031 Exchange Property: Grand freestanding four-family home with two-car detached garage in prime Bay Ridge! Welcome home to this newly renovated parlor floor. Choose to live in this unit and have rental income from the rest. Three bedrooms plus sunroom with a newly renovated kitchen and one full bathroom. Garden level is currently used as an office space; could be used as a two bedroom apartment with one full bathroom. Top floor is a studio apartment facing the front and a 3 bedroom apartment facing the backyard. Newly renovated kitchen and bathroom in the 3 bedroom apartment. Ample parking with a driveway and 2 car detached garage. Yard in the back, side and the front on this 43ft wide x 120ft deep large lot. Located in prime Bay Ridge, steps away from 86th Street shopping, R train, and close proximity to parks. Investment opportunity for potential end-users to live and earn tremendous rental income.

Amenities

  • Top Floor
  • Common Outdoor Space
  • Hardwood Floors
  • Walk Up
  • Washer / Dryer in Unit
  • Driveway
  • Renovated Kitchen
  • Garage

Location

Listing Courtesy of Brennan Realty Services LLC

Sold By Brennan Realty Services LLC

Add your commute
LISTING UPDATED: 02/23/2022 10:51 AM

Property Details for 8316 6th Avenue

StatusSold
MLS ID451596
Days on Market265
Taxes$16,000 / year
Maintenance-
Min. Down Pymt-
Total Rooms20.0
Compass TypeTownhouse
MLS TypeResidential
Year Built1925
Lot Size5,040 SF / 43' x 119'
CountyKings County

Building

8316 6th Ave

4 Units2 StoriesBuilt in 1925

Location

Listing Courtesy of Brennan Realty Services LLC

Sold By Brennan Realty Services LLC

Add your commute

Building Information for 8316 6th Avenue

Stories2Residences4Year Built1925Building Size23' x 62'Building Sq. Ft2,852 SFLot Size5,040 SF / 43' x 119'Building Age-Building Type-

Payment Calculator

$11,157 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,823

Property Taxes

$1,333

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 8316 6th Avenue

Summary
Location and General Information
  • Block: 6019
  • Cross Street Name: Fort Hamilton Parkway
  • Roof: Shingle
  • Water Front Present YN: No
  • Residential Features: Dishwasher, Disposal, Microwave, Refrigerator, Stove, Window Treatments
Parking
  • Parking Attributes: 4 Spaces, Detached Garage, Parking Area
  • Parking Feature Single: Shared Drive
Taxes and HOA Information
  • Financing: 1031 Exchange, Bank Mortgage, Cash, Lease/Purchase, Owner
  • Tax Amount: 16000.0
  • Gross Expense: 21500.0
  • Gross Income: $103,200.00
  • Cap Rate: .04%
Property
Lot Information
  • Yard: Back, Front, Side
  • Lot Number: 43
  • Lot Size Irregular YN: No
  • Lot Size Length: 119
  • Lot Size Width: 42
Utilities
  • Heat Delivery: Steam/Radiator
  • Heating Fuel: Gas
  • AC Units: 0
  • Hot Water: Hot Water Coil in Boiler
  • Utility Expense: 0.0
  • Fuel Expense: 4000.0
Interior and Exterior Features
Interior Features
  • Basement Amenities: Cellar, Finished, Full, Separate Entrance
  • Baths Three Quarter: 0.0
  • Foundation Details: Stone
  • Flooring: Carpeting, Concrete, Hardwood
  • Unit Count: 1
  • Building Amenities: NONE
  • Construction Materials: Brick
  • Electric: 110 V
Exterior Features
  • Exterior: Brick
  • Handicap Access YNU: Yes
Multi Family
Multi-Family Information
  • Building Type: Detached
Unit 1
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0.0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 3
  • Unit Category: Apt
  • Unit Features: Heat Included, Refrigerator
  • Unit Floor: 1
  • Unit Rooms Total: 3
  • Unit Status: Leased
  • Unit Unit Type: 3 Bedrooms
Agent
Agent Information
  • Net Operating Income: 81700.0
Sale and Listing
  • Sale Type: Arm's Length
  • Selling Agent MUI: 1488661.0
Rental
Rental Information
  • Insurance Expense: 1500.0
  • Certificate Of Occupancy YN: Yes
  • Owner Occupied: No
  • Rent Income: 103200.0

Property History for 8316 6th Avenue

DateEvent & SourcePriceAppreciationLink
DateEvent & SourcePrice

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

Public Records for 8316 6th Avenue

Taxable ValueLand$146,700Additions$227,700Total$374,400
Home Facts
Total Finished SqFt4,623 SqFtLot Size5,040 SqFtYear Built1925ZoningR4-1APN3060190043

Schools near 8316 6th Avenue

This home is within Nyc Geog District #20 - Brooklyn.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
P.S. 127 Mckinley Park
PublicK to 5

Jhs 201 The Dyker Heights
Public6 to 8

Fort Hamilton High School
Public9 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 Brennan Realty Services 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.