Remarks

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.

Details

MLS#: 492256
Price: $1,990,000

Style: Mixed Use
Sq Ft: 5412
Year Built: 1923

County: Kings (Brooklyn)
Tax Fee: 17776.00