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8794 15th Avenue, Brooklyn, New York 11228

$3,058,000
: 36
BD
: 20
BA
: 18,720
SqFt

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List Price: $3,058,000
Status: ACTIVE
MLS#: 504472
Bedrooms: 36
Full-baths: 20
Sq. Ft: 18,720
Year Built: 1916

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Property Description

Welcome Investors, introducing a turn key 20-Family in Bath Beach of Brooklyn, NY. This gem has a building size of 60 x 78 sitting on a 60 x 97 lot. Total 18,720 living SF. Most of the units have been updated. 3 units with 3 bedrooms with a Kitchen and living room and Dining room (6 rooms); 9 units with 2 bedrooms and a Kitchen and living room and Dining room (5 rooms); 8 units with 1 bedroom and a Kitchen and living room and Dining room (4 rooms). This investment generates a gross income of $306,696/yr, with 10 leases for renewal ready with a boost of rent increase. This high-income building combines consistent cash flow with future growth potential. Other features include A super resident in the building, maintaining all apartments while keeping them in good condition. Nice and clean basement updated new flashing on roof, and most mechanical equipment updated in the last 10 years, hot water tank brand new. The building is located on a beautiful tree-lined street, just a few minutes away from 86th St, restaurants, convenience stores, supermarkets, banks, shopping, Dyker Park, and Dyker Golf Course; Bus stations, and the Belt Parkway express to the city. Won't last!

(917) 288-4001

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Additional Information

Style: Other
Lot Size: 5,808
Stories: 4
Parking Description: None
Heat Source: Gas
Year Built: 1916
Zoning: R4
Sale Type: Arm's Length
Bank Financing: 1031 Exchange, Bank Mortgage, Cash
Building Type: Detached
Year Built: 1916
Basement: Full
Lot Dimensions: 96 x 60
Building Dimensions: 78.00 x 60.00
Estimated Yearly Tax Amount: $48,244