

Asking
$1,260,000
BTC
13.678
ETH
397.69
Beds
10
Baths
6
Home Size
5,400 sq. ft.
Year Built
1915
Bay Ridge All-Brick 6-family asset. Fully tenanted, the owner-occupied 2-bedroom will be delivered vacant. Upside potential offers the opportunity for growing returns; all current 2-year leases are set to expire on 9/30/25. The building is 20' x 90' on a 114 ft lot zoned R7B. Well-maintained, with 5,400 interior sq. ft. located in prime Northern Bay Ridge near shopping, dining, and multiple transportation options. Current RR is $123,421/yr, with total expenses of $38,584 (current CAP 6.3). Projected income upon new lease signing is $145,729, bringing CAP to 8%. 11 total bedrooms, 6 baths. Buyers are responsible for due diligence; apartments are rent-stabilized. Shown by appointment.
LOADING
Location
Market Area
Kings
Neighborhood
Bay Ridge
Agents
Jean Marrone
+1 310 910 1722
Charles A Olson
+1 310 910 1722