8699 Bay Parkway, Unit 16
8699 Bay Parkway, Unit 16
$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.
- Listed by Kelly Wu • RE/MAX EdgeP: 718-288-3835 C: 917-916-2368 KellyWu2368@gmail.com
Property Details for 8699 Bay Parkway, Unit 16
Township
Brooklyn
Architectural StyleOther
Zoning DescriptionR6
Garage Spaces.00
Section AreaBenson Ave
Offer PresentationCan be Present
Location
LISTING UPDATED: 04/16/2024 09:57 PM
Property Details for 8699 Bay Parkway, Unit 16
Status | Active |
---|---|
MLS ID | 3439906 |
Days on Market | 549 |
Taxes | $49,375 / year |
Maintenance | - |
Min. Down Pymt | - |
Total Rooms | 48.0 |
Compass Type | Multi Family |
MLS Type | Multi Family |
Year Built | 1913 |
Lot Size | 4,834 SF / 50' x 97' |
County | Kings County |
Building
Location
Building Information for 8699 Bay Parkway, Unit 16
Stories4Residences16Year Built1913Building Size50' x 75'Building Sq. Ft15,000 SFLot Size4,834 SF / 50' x 97'Building Age-Building Type-
Payment Calculator
$25,835 per month
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Property Information for 8699 Bay Parkway, Unit 16
Property History for 8699 Bay Parkway, Unit 16
Date | Event & Source | Price | Appreciation |
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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.
Public Records for 8699 Bay Parkway, Unit 16
Taxable ValueLand$31,050Additions$391,050Total$422,100
Home Facts
Total Finished SqFt15,000 SqFtLot Size4,839 SqFtYear Built1913ZoningR6APN3064150035
Schools near 8699 Bay Parkway, Unit 16
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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