$ 995,000
Building For Sale
Property Type
Active
Status
20
Rooms
5,100/474
ASF/ASM
$ 25,176
Real Estate Taxes
[Per Annum]
Building Details
Income Property
Ownership
Low-Rise
Building Type
Voice Intercom
Service Level
Walk-up
Access
5864/17
Block/Lot
20'x85'
Building Size
20'x100'
Lot Size
R5B
Zoning
1931
Year Built
3/6
Floors/Apts
Description
This six-unit rent-stabilized building sits just steps from the R train in the heart of Bay Ridge. Two to three apartments will be delivered vacant, offering immediate flexibility for an investor or owner-user. The current rent roll remains below DHCR guidelines, generating a net operating income of approximately $47,880.
Priced to sell, this property offers a rare combination of stability, steady cash flow, and meaningful upside for an investor seeking a low-risk, low-turnover asset in one of Brooklyn’s most established neighborhoods.
Please email me for current setup.
This six-unit rent-stabilized building sits just steps from the R train in the heart of Bay Ridge. Two to three apartments will be delivered vacant, offering immediate flexibility for an investor or owner-user. The current rent roll remains below DHCR guidelines, generating a net operating income of approximately $47,880.
Priced to sell, this property offers a rare combination of stability, steady cash flow, and meaningful upside for an investor seeking a low-risk, low-turnover asset in one of Brooklyn’s most established neighborhoods.
Please email me for current setup.
Listing Courtesy of Compass
Features
A/C
Contact
Charles Mazalatis
License
Licensed As: Charles Mazalatis
President & Licensed Real Estate Broker
Mortgage Calculator
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market.
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RLS Data display by Maz Group NY.
Additional building data provided by On-Line Residential [OLR].
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
Listing ID: 103578TH
