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$ 1,990,000
Est. payment | /mo
5,412 SqFt
$ 1,990,000
Est. payment | /mo
5,412 SqFt
Key Details
Property Type Other Rentals
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 5,412 sqft
Price per Sqft $367
MLS Listing ID 492256
Year Built 1923
Annual Tax Amount $17,776
Property Sub-Type Mixed Use
Property Description
Presenting a rare opportunity to acquire a well-maintained, cash-producing mixed-use 5-family building in the heart of Bath Beach. This non-stabilized, free-market property is being offered for the first time on the market.
The building features one ground-floor commercial unit—currently operating as an insurance brokerage—and five residential units: three spacious 2-bedroom apartments and two 3-bedroom units. All tenants are reliable, and none of the units are rent-stabilized or under lease, offering exceptional rental flexibility.
Building Size: 22 ft × 82 ft
Lot Size: 22 ft × 100 ft
Gross Annual Income: Approx. $126,360, Annual Insurance: $4,800
All residential units have been renovated within the past 10 years and feature high ceilings and excellent overall condition. The location is highly convenient—just minutes to the bus stop, as to the D train, near the 86th Street commercial corridor, and easy access to the Belt Parkway.
The building features one ground-floor commercial unit—currently operating as an insurance brokerage—and five residential units: three spacious 2-bedroom apartments and two 3-bedroom units. All tenants are reliable, and none of the units are rent-stabilized or under lease, offering exceptional rental flexibility.
Building Size: 22 ft × 82 ft
Lot Size: 22 ft × 100 ft
Gross Annual Income: Approx. $126,360, Annual Insurance: $4,800
All residential units have been renovated within the past 10 years and feature high ceilings and excellent overall condition. The location is highly convenient—just minutes to the bus stop, as to the D train, near the 86th Street commercial corridor, and easy access to the Belt Parkway.
Location
State NY
County Kings (brooklyn)
Area Bath Beach
Zoning R5
Rooms
Basement Finished, Full, Other
Interior
Interior Features Other
Hot Water Gas
Heating Gas
Flooring Hardwood, Tile, Other
Heat Source Gas
Exterior
Exterior Feature Brick
Roof Type Flat
Building
Story 3
Foundation Poured Concrete
Others
Energy Description Gas
Financing 1031 Exchange,Bank Mortgage,Cash
Listed by Tiger Realty
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