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1643 Bay Ridge Parkway

BROOKLYN, NY 11204
  • $1,598,000
  • STATUS: Active
  • ON SITE: 50 Days
  • MLS #: 455342
UPDATED: 84 min ago
$1,598,000
  • 0
    BEDS
  • 0.04
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,500
    SQFT
  • $355
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1931
Area:

School Ratings & Info

Description

LARGE AND VERY DEEP 6 FAMILY BRICK BUILDING FOR SALE NOW IN THE HEART OF BENSONHURST. APPROXIMATELY A RENT ROLL OF $119,000 YEARLY WITH STORAGE, AND A CAP RATE OF CLOSE TO 5.8% $1.6 MILLIION ON THIS GREAT INVESTMENT. THE ROOF HAS A GREAT VIEW AND WAS RECENTLY REPLACED, ALSO HAS A NEW BOILER, NEW HOT WATER HEATER AND MORE. PARTIALLY FINISHED BASEMENT WITH MASSIVE STORAGE SPACE, WITH A SEPARATE ENTRANCE DIRECTLY FROM THE FRONT OF BUILDING. EACH APARTMENT HAS ITS OWN GAS METER. ALL APARTMENTS ARE RENOVATED NOW BUT 1 UNIT, A ONE-BEDROOM, WHICH THE TENANT WILL SOON LEAVE, AND THAT WILL BE UPGRADED. GREAT LOCATION RIGHT OFF NEW UTRECHT AVE AND 17TH STREET. CLOSE TO ALL TRANSPORTATION, RESTAURANTS, SHOPPING, SCHOOLS, PLACES OF WORSHIP, AND MUCH MORE. GREAT RENT ROLL, AND OPPORTUNITY TO OWN (OR LIVE AND OWN), THIS TERRIFIC INVESTMENT OPPORTUNITY... DON'T WAIT LONG AND COME BRING YOUR BEST FOOT FORWARD. SET UP A VIEWING, AND WE WILL HEAR ALL OFFERS. NICE BACK YARD AS WELL AND PLENTY OF WAYS TO MAXIMIZE ON THE PROPERTY, CONTACT TO DISCUSS MORE. ALL TENANTS ARE GOOD-PAYING TENANTS, ALL UP TO DATE ON RENT. THERE IS EVEN MORE POTENTIAL TO EARN ON THIS SAFE GOOD INVESTMENT WITH A GREAT CAP RATE. CALL NOW FOR MORE!

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© 2021 Brooklyn New York Multiple Listing Service, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Gio | RE/MAX Central. Data last updated: 2021-10-28T00:00:20.74.
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1643 Bay Ridge Parkway BROOKLYN, NY 11204

  • Price: $1,598,000
  • Status: Active
  • Updated: 84 min ago
  • MLS #: 455342
0
Beds
0
Baths
0
½ Baths
0.04
Acres
4,500
SQFT
$355
$/SQFT
1931
Built
Neighborhood:
Brooklyn
County:
Kings (Brooklyn)
Area:
Bensonhurst
Property Description
LARGE AND VERY DEEP 6 FAMILY BRICK BUILDING FOR SALE NOW IN THE HEART OF BENSONHURST. APPROXIMATELY A RENT ROLL OF $119,000 YEARLY WITH STORAGE, AND A CAP RATE OF CLOSE TO 5.8% $1.6 MILLIION ON THIS GREAT INVESTMENT. THE ROOF HAS A GREAT VIEW AND WAS RECENTLY REPLACED, ALSO HAS A NEW BOILER, NEW HOT WATER HEATER AND MORE. PARTIALLY FINISHED BASEMENT WITH MASSIVE STORAGE SPACE, WITH A SEPARATE ENTRANCE DIRECTLY FROM THE FRONT OF BUILDING. EACH APARTMENT HAS ITS OWN GAS METER. ALL APARTMENTS ARE RENOVATED NOW BUT 1 UNIT, A ONE-BEDROOM, WHICH THE TENANT WILL SOON LEAVE, AND THAT WILL BE UPGRADED. GREAT LOCATION RIGHT OFF NEW UTRECHT AVE AND 17TH STREET. CLOSE TO ALL TRANSPORTATION, RESTAURANTS, SHOPPING, SCHOOLS, PLACES OF WORSHIP, AND MUCH MORE. GREAT RENT ROLL, AND OPPORTUNITY TO OWN (OR LIVE AND OWN), THIS TERRIFIC INVESTMENT OPPORTUNITY... DON'T WAIT LONG AND COME BRING YOUR BEST FOOT FORWARD. SET UP A VIEWING, AND WE WILL HEAR ALL OFFERS. NICE BACK YARD AS WELL AND PLENTY OF WAYS TO MAXIMIZE ON THE PROPERTY, CONTACT TO DISCUSS MORE. ALL TENANTS ARE GOOD-PAYING TENANTS, ALL UP TO DATE ON RENT. THERE IS EVEN MORE POTENTIAL TO EARN ON THIS SAFE GOOD INVESTMENT WITH A GREAT CAP RATE. CALL NOW FOR MORE!
Exterior Features

Building Length 82.00 Building Width 19.00 Commercial Features Exterior None Construction Materials Brick Exterior Brick Loading Docks None Lot Dimensions 19 X100 Lot Size Length 100 Lot Size Width 19 Parking Attributes Other Parking Feature Street Roof Flat Yard Back

Interior Features

Basement Amenities FullSemi-FinishedSeparate Entrance Building Footprint Sq Ft 1558 Commercial Features Interior None Flooring LaminateLinoleumTile Foundation Details Poured Concrete Heat Delivery Steam/Radiator Lavatories Unknown

Property Features

Block 6214 Commercial Condo 0 Construction Type Attached Cross Street Name New Utrecht Av Cross Street Name2 17th Av Electric 220 V Financing 1031 ExchangeBank MortgageCash Fuel Expense 5000.00 Gross Income 108060 Handicap Access No Heating Fuel Gas Hot Water Gas Insurance Expense 3700.00 Lot Number 84 Lot Size Irregular YN 0 Number Of Families 6 Number Of Stores 0 Property Sub Type Mixed Use Property Type Mixed Use Sale Type Arm's Length Tax Amount 16156.00 Transaction Type Sale Zoning R5

Listing information © 2021 Brooklyn New York Multiple Listing Service, Inc.
Listing provided courtesy of Coldwell Banker Advantage.


© 2021 Brooklyn New York Multiple Listing Service, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Gio | RE/MAX Central. Data last updated: 2021-10-28T00:00:20.74.
 
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