Attention Investors!!! A solid brick four-story walk-up, legal 16-families building in one of Bath Beachâ??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.
Details:
Families:
16
Bedrooms:
35
Bathrooms:
16
Property Type:
Multi-Family
Built:
1913
Financials:
Price:
$3,980,000
For More Information Call 718-234-7777 or Contact Agent
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. Listing Information provided courtesy of RE/MAX Edge, Kelly Wu - (718)612-3088
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