11209, NY homes for sale & real estate

11209, NY Homes for Sale

Calling all investors looking for an amazing property in Bay Ridge. 21 units fully rented, 4 - 1 bedrooms, 13 - 2 bedrooms and 4 - 3 bedroom units. Building is 50x90 and the lot is 60x150 with R5B zoning. Amazing location with convenience to everything. Residential units are collecting $32,334.37 monthly. Most of the units have been recently renovated. Coin operated laundry in the basement generating $1,000 monthly and the best part is a private driveway leading to a parking area for 12-14 cars that can generate up to $3,500 monthly.

11209, NY Homes for Sale

Price reduced to sell - We will deliver the apartments vacant - the store has a 5 years remaining on their lease. Just 200 Ft Off of 86th Street and 5th Avenue! Store Pays 25 % of the RE Tax and part of the Water Bill. This is an investment opportunity to own "Bay Ridge Prime". The apartments need tlc but after some work - It will generate a High rental income. The area will be occupied with more retail anchor tenants soon. Buy for the Future! Expenses are estimated because the building is mostly vacant of residential tenants .

11209, NY Homes for Sale

This is a rare opportunity to own a mixed-use building on the desirable 5th Avenue in Bay Ridge, Brooklyn. The property features 7 one-bedroom apartments and 1 commercial space, with only one free-market unit and the rest rent-stabilized. The residential units have been beautifully renovated with modern finishes and amenities, and the common areas and utilities have been updated in the last 5 years. The commercial tenant - doctor’s office with leases ending in 2024 and 2025, providing stable income and low turnover. The property benefits from a 2B Tax Class that limits tax increases. The location is ideal for residents who want to enjoy the neighborhood’s attractions and parks,

11209, NY Homes for Sale

Store + 5 Non-Stabilized Residential Apartments. Mixed Use Building.