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$ 999,000
Est. payment /mo
New
474 Bay Ridge AVE Brooklyn, NY 11220
5 Beds
7 Baths
3,042 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,042 sqft
Price per Sqft $328
MLS Listing ID 501844
Bedrooms 5
Full Baths 7
Year Built 1910
Annual Tax Amount $10,258
Property Sub-Type Multi-Family
Property Description
Rare opportunity to own a solid brick 6-family building in the heart of Bay Ridge, just minutes from the neighborhood's vibrant commercial corridor. This income-producing property features 4 vacant apartments, including the front and rear units on both the first and second floors, two tenants occupied on 3rd floor front and rear. Offering exceptional flexibility for investors or owner-occupants. Situated on a 20' x 96' lot with a building size of approximately 20' x 55', this property offers strong upside potential in one of Brooklyn's most desirable neighborhoods. Annual property taxes are approximately $10,385. Conveniently located near shopping, dining, transportation, and local amenities. A rare Bay Ridge investment opportunity not to be missed! PS: Purchaser must provide a substantial down payment in order to qualify for mortgage financing for this purchase.
Location
State NY
County Kings (brooklyn)
Area Bay Ridge
Zoning R5B
Rooms
Basement Full, Semi-Finished, Separate Entrance
Interior
Hot Water Oil
Heating Oil
Flooring Carpeting, Laminate, Tile
Heat Source Oil
Exterior
Exterior Feature Brick
Amenities Available NONE
Roof Type Flat
Handicap Access Unknown
Building
Story 3
Foundation Poured Concrete
Others
Energy Description Oil
Financing 1031 Exchange,Bank Mortgage,Cash
Listed by RE/MAX Edge