8699 BAY PKWY # 16
BATH BEACH, NY 11214
$3,980,000
35 Beds
16 Baths
15,000 Sq Ft
Status Active
MLS# 3439906
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.
Details for 8699 BAY PKWY # 16
Built in 1913
$265 / Sq Ft
0 parking spaces
Natural Gas, Hot Water, Steam
570 Days on website
0.11 acres lot
Price per square foot and days on website are not provided values and are calculated by RE/MAX.
RE/MAX Edge, 718-288-3835
11:40am UTC- 5/19/2024
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Area Information for 8699 BAY PKWY # 16
