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.
Bedroom: 35 Full Bath: 16
Lot Size: 0.11 Lot Sq Ft: 4834 Approx. Int. Sq. Ft.: 15000.00 Garage: 0.0 Parking Spaces: Yes Parking Facilities: On Street
Washer: Yes Dryer: Yes Refrigerator: Yes Dishwasher: Yes Heat: Natural Gas, Hot Water, Steam Water: See Remarks Sewer: Other
Taxes: $49,375
School District#: 20 School District: Community District 20 Zoning: R6 Block: 6415 Lot: 35
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