8710 3RD Avenue Pending

Brooklyn,NY 11209

$ 2499000

7 Beds

5 Baths

4800 SqFt


Key Details

Property Type Townhouse

Sub Type Townhouse

Listing Status Pending

Purchase Type For Sale

Square Footage 4,800 sqft

Price per Sqft $520

Subdivision Fort Hamilton

MLS Listing ID RPLU-5123165249

Bedrooms 7

HOA Y/N No

Year Built 1926

Annual Tax Amount $14,736

Property Description

Priced to sell at a 5.02% Cap rate! 8710 3rd Ave is a prime Bay Ridge, 6-unit multifamily townhouse, comprised of 5 residential units and 1 commercial unit across 4800 square feet. All units are free market and fully leased. Located just one block from the 86th Street Station. This well-maintained property offers a steady income stream and multiple value-add opportunities. Unit Breakdown 1 X Commercial space 3 X 1 Bedroom & 1 Bathroom 2 X 2 Bedroom & 1 Bathroom Building Information Lot Size 20 X 100 Building Size 20 X 80 Total interior square foot 4800 Upgrades: Hot water heaters and boiler For income and expense breakdown, please reach out. Value-Add Opportunities: Laundry Facility: Basement hook-up already in place for adding laundry services. Storage Cages: Potential to add storage cages in the basement for extra income. Roof Improvement: Opportunity to finish the roof and possibly create additional usable space. All numbers are estimate and will need to be verified

Location

State NY

County Kings

Rooms

Basement Other

Interior

Fireplace No

Laundry In Unit

Exterior

View Y/N No

View Other

Porch None

Private Pool No

Building

Dwelling Type Townhouse

Story 3

New Construction No

Others

Pets Allowed Pets Allowed

Ownership None

Monthly Total Fees $1,228

Special Listing Condition Standard

Pets Allowed Building Yes,No

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