Views
Address
1643 Bay Ridge Parkway Brooklyn, NY
Price
$ 1,598,000
Property Attributes
  • MLS#1149034
  • TypeMulti-Family
  • CountyKINGS
  • CityBrooklyn
  • AreaBensonhurst
  • Zip11204
  • Style6F
  • Year Built1931
  • Taxes$ 16156
  • Price$ 1,598,000
  • Bedrooms9
  • Full Bathrooms6
  • Half Bathrooms0
  • Sqr Footage3280
  • Lot Size1,900 SqFt
Listing Provided Courtesy Of:
Mark Lanfranchi with Coldwell Banker Advantage
Data Source:
Staten Island MLS (SIBOR) - 329 - NY
Property Description

LARGE AND VERY DEEP 6 FAMILY BRICK BUILDING FOR SALE NOW IN THE HEART OF BENSONHURST. WITH APPROXIMATELY A RENT ROLL OF $119,060 YEARLY, AND A CAP RATE OF 5.8%. THERE IS MORE SPACE MADE FOR PROFITS THAT BRINGS THIS CAP TO WHERE IT IS NOW. THIS SAFE AND SOLID INVESTMENT IN A GREAT LOCATION, & IS SOMETHING TO SEE. THE ROOF HAS A GREAT VIEW AND WAS RECENTLY REPLACED, A NEW BOILER, NEW HOT WATER HEATER AND MORE. EACH UNIT HAS IT'S OWN GAS METOR. VERY LARGE AND PARTIALLY FINISHED BASEMENT WITH MASSIVE STORAGE SPACE, WITH A SEPARATE ENTRANCE DIRECTLY FROM THE FRONT OF BUILDING. ALL UNITS ARE UPDATED AND IN GREAT SHAPE BUT 1, A ONE BEDROOM WHICH WILL BE AVAILABLE OT UPDATE SOON. GREAT LOCATION RIGHT OFF NEW UTRECHT AVE AND 17TH STREET. CLOSE TO ALL TRANSPORTATION, RESTAURANTS, SHOPPING, SCHOOLS, PLACES OF WORSHIP, AND MUCH MORE. GREAT RENT ROLL, AND OPPORTUNITY TO OWN (OR LIVE AND OWN), IN THIS TERRIFIC INVESTMENT... DON'T WAIT LONG AND COME BRING YOUR BEST FOOT FORWARD. SET UP A VIEWING, AND WE WILL HEAR ALL OFFERS. NICE BACK YARD AS WELL AND PLENTY OF WAYS TO MAXIMIZE ON THE PROPERTY, CONTACT ME TO DISCUSS MORE. ALL TENANTS ARE GOOD-PAYING TENANTS, ALL UP TO DATE ON RENT. NET INCOME ON BUILDING IS $93,000 YEARLY.

Price History
9/7/2021 Listed $1,598,000

General Features

Basement Type Full
Property Type B
Sewer City
Stories 3.0
Type 6F
Zoning R-5

Interior Features

Heating System Hot Water, Other

Exterior Features

Latitude 40.615823
Longitude -73.999511
Condition Excellent
Garage Capacity 0.00

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 11204

Price
AVG $1.79M
$1.6M
Taxes
AVG $12,595
$16,156
Visits
AVG 74
27
Year Built
AVG 1930
1931
Walkscore
AVG 93
93
Data Provided by Walkscore ® not using MLS data

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.

Fair Housing Icon NY Fair Housing Notice