Bay Ridge Real Estate

8510 Bay 16th Street, Bensonhurst, NY 11214

[Bensonhurst Real Estate, listing number 3331576]



Description: 3331576
   Rare-find commercial building built in 1996 with C1-2/R5 overlay zoning, currently fully occupied by 5 commercial tenants: a long-established dental office on the 1st front, a construction company office on the 1st floor rear, a limousine service company on the 2nd floor front, a dental lab on the 2nd floor rear, and a usable basement occupied by a spice company. The building measures approximately 30Ã?103 ft (about 3,111 SF) on the first floor, with the second floor and basement each approximately 30Ã?70 ft, for a total of roughly 7,311 SF, situated on a 38Ã?103 ft lot with a private driveway. Additional features include an elevator from the basement to the top floor, 4 separate entrances, and 5 separate water heaters along with 5 independent HVAC systems. This is an excellent investment opportunity generating approximately $191,400 in annual income with an NOI of $134,546, offering strong upside potential for future income growth.

Details:
   Property Type: Office
   Built: 1996

Financials:
   Price: $3,100,000

 

RE/MAX Edge
Jason Zhou
Office: (718)612-3088

email: jasonzhourealty@gmail.com
provided by Brooklyn Bd of Realtors