$2,499,000
8710 3RD Avenue Brooklyn, NY 11209
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Listing Courtesy of Douglas Elliman Real Estate
$2,499,000
Est. payment /mo
7 BD
5 BA
4,800 SqFt
Pending
8710 3RD Avenue Brooklyn, NY 11209
UPDATED:
11/15/2024 09:12 PM
Key Details
Property Type Townhouse
Sub Type Townhouse
Listing Status Pending
Purchase Type For Sale
Square Footage 4,800 sqft
Price per Sqft $520
Subdivision Fort Hamilton
MLS Listing ID RPLU-5123165249
Bedrooms 7
Full Baths 5
HOA Y/N No
Year Built 1926
Annual Tax Amount $14,736
Property Description
Priced to sell at a 5.02% Cap rate! 8710 3rd Ave is a prime Bay Ridge, 6-unit multifamily townhouse, comprised of 5 residential units and 1 commercial unit across 4800 square feet. All units are free market and fully leased. Located just one block from the 86th Street Station. This well-maintained property offers a steady income stream and multiple value-add opportunities. Unit Breakdown 1 X Commercial space 3 X 1 Bedroom & 1 Bathroom 2 X 2 Bedroom & 1 Bathroom Building Information Lot Size 20 X 100 Building Size 20 X 80 Total interior square foot 4800 Upgrades: Hot water heaters and boiler For income and expense breakdown, please reach out. Value-Add Opportunities: Laundry Facility: Basement hook-up already in place for adding laundry services. Storage Cages: Potential to add storage cages in the basement for extra income. Roof Improvement: Opportunity to finish the roof and possibly create additional usable space. All numbers are estimate and will need to be verified
Location
State NY
County Kings
Rooms
Basement Other
Interior
Fireplace No
Laundry In Unit
Exterior
View Y/N No
View Other
Porch None
Private Pool No
Building
Dwelling Type Townhouse
Story 3
New Construction No
Others
Ownership None
Monthly Total Fees $1, 228
Special Listing Condition Standard
Pets Allowed Building Yes, No
RLS Data display by Coastal Property Advisors
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