Bay Ridge Real Estate

7624 5th Avenue, Bay Ridge, NY 11209

[Bay Ridge Real Estate, listing number 3338876]



Description: 3338876
   Well maintained mixed-use building (3,655 square feet) in prime Bay Ridge, featuring two 2-bedroom apartments and one retail space. Fully occupied, all tenants are on a month-to-month basis, offering immediate flexibility and upside potential. Projected rents of $3,000/month per apartment and $6,000/month for the store bring total projected annual income to $144,000, with low annual expenses of $29,448. Located in a high foot and car traffic corridor, just minutes away from the R train and a short distance to the B63 bus and B4 bus, this property offers strong income potential in one of Brooklynâ??s most sought-after neighborhoods. Sellers are motivated, present all offers!

Details:
   Families: 2
   Property Type: Mixed Use
   Built: 1931

Financials:
   Price: $1,849,000

 

Ben Bay Realty Co of Bay Ridge
John Koulouroudis
Office: (718)238-6080

provided by Brooklyn Bd of Realtors