Remarks

Located in the bustling Bay Ridge commercial district on 86th Street, this prime property sits on a 19x100 lot with a 19x55 building. This three-story, solid brick mixed-use building includes two 3-bedroom apartments above a store and a finished basement. The property also offers a double garage. The annual property tax is $9,694. It generates a strong rental income of $157,800 and a cap rate of 7.5%. This well-maintained property is ideal for investment and owner-occupancy, surrounded by a vibrant shopping area, various transportation options, and essential amenities.

Details

MLS#: 489977
Price: $1,980,000

Style: Mixed Use
Year Built: 1923

County: Kings (Brooklyn)
Tax Fee: 9694.00