Description

Great mixed-use property features 1 store and 2 family located in the highly desirable and high traffic location on 3rd ave, bay ridge. Total yearly expense $16,958, including property tax $11,634, insurance $3,800, electric $552, and water $972. Unfinished basement. Lot size 20 x 80. First floor store building size 20 x 80, 2nd and 3rd floor apartments 20 x 55. Store has 3-4 years lease, rent $5,200/month, covers 1/3 of the water expenses. 2nd floor as 3 bedroom apartment, with 1 full bath and 1 half bath, leased until 1/31/2025. 3rd floor as 3 bedroom apartment, with 2 full baths, leased until 8/31/2024. Sits on the 3rd avenue, the most busiest area of Bay ridge, closed to a lot of restaurants and stores. Closed to public tranportation R train, bus B4 and B37. Good school district Ps 102, Jhs 259, and fhhs. A great investment chance for all the investers.
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Building Features 3 Floors2 Units

intercom

$1,900,000 / $513 per ft²

Listed on Aug 30, 2024

229 Days on Market

- Beds / - Baths - / 3,700 ft²

Total Monthly expenses: $969

Maintenance: - / R.E. Taxes $969

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Estimated Monthly Payment: $12,345

Assumes 7% Mortgage Rate and 90% financing

Other Details:

Mixed Use (1-6 Family)

Lot Size: 20.0' x 80.0' Built: 20.0' x 55.0'

Zoning: S1-5, S9

Exclusively listed with: ProBase Real Estate Source: Brooklyn MLS

Xi Xian (Johnny) Pan

johnnyprobase@gmail.com

(347) 384-0505

Listing Courtesy of ProBase Real Estate

Unit listing history

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