8699 Bay Parkway
8699 Bay Parkway
$3,980,000
35
16
15,000
15,000
$265
Description
Attention Investors! A solid brick four-story walk-up, legal 16-families building in one of Bath Beach’s most convenient locations. This incredible property is approximately 15,000 sq ft with tremendous income potential! 3 three-bedrooms and 13 two-bedrooms. All oversized two-bedrooms can be easily converted to three-bedrooms. Most units were recently renovated. Enjoy multiple large storage rooms in the basement. New boiler and water heater. Building size 50 75 on Lot size 52 97. Annual property...Attention Investors! A solid brick four-story walk-up, legal 16-families building in one of Bath Beach’s most convenient locations. This incredible property is approximately 15,000 sq ft with tremendous income potential! 3 three-bedrooms and 13 two-bedrooms. All oversized two-bedrooms can be easily converted to three-bedrooms. Most units were recently renovated. Enjoy multiple large storage rooms in the basement. New boiler and water heater. Building size 50 75 on Lot size 52 97. Annual property tax $50,277. Zoning R6. Perfect for Investment. Total annual income approx $334,299.96. Total Expenses approx $94,097.00. Total net operating income $240,202.96. Cap Rate 6%. A block away from 86th St business district, short distance to D train Bay Pkwy. Convenient for all. Ask listing agent for rent roll.
- Listed by Kelly Wu • RE/MAX Edge • Other
Amenities
- Walk Up
- Voice Intercom
- Basement
- Private Outdoor Space
- Parking Included
- Lowrise
Location
LISTING UPDATED: 04/25/2024 02:17 PM
Property Details for 8699 Bay Parkway
Status | Active |
---|---|
MLS ID | 479171 |
Days on Market | 122 |
Taxes | $50,277 / year |
Maintenance | - |
Min. Down Pymt | - |
Total Rooms | 51.0 |
Compass Type | Townhouse |
MLS Type | Residential |
Year Built | 1913 |
Lot Size | 4,834 SF / 50' x 97' |
County | Kings County |
Building
Location
Building Information for 8699 Bay Parkway
Stories4Residences16Year Built1913Building Size50' x 75'Building Sq. Ft15,000 SFLot Size4,834 SF / 50' x 97'Building Age-Building Type-
Payment Calculator
$25,910 per month
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Property Information for 8699 Bay Parkway
Property History for 8699 Bay Parkway
Date | Event & Source | Price | Appreciation | Link |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 8699 Bay Parkway
This home is within Nyc Geog District #20 - Brooklyn.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 6 to 12 | |||
Public - | K to 8 |
Rating | School | Distance |
---|---|---|
P.S. 200 Benson School PublicPK to 5 | ||
Is 281 Joseph B Cavallaro Public6 to 8 | ||
Urban Assembly School for Leadership and Empowerment Public6 to 12 | ||
Brooklyn School Of Inquiry PublicK to 8 |
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.
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