474 Bay Ridge Avenue

Brooklyn, NY 11220
Beds
5
Baths
7
Square Ft.
3,042
$999,000
OPEN HOUSE BY APPOINTMENTS ONLY. Rare opportunity to own a solid brick 6-family building in the heart of Bay Ridge, just minutes from the neighborhood's vibrant commercial corridor. This income-producing property features 4 vacant apartments, including the front and rear units on both the first and second floors, two tenants… Read MoreRead Less
Courtesy of Jason Zhou, RE/MAX Edge 718-612-3088
Listing Snapshot | Source HomeJunction
Days Online
160
Last Updated
Property Type
Multi Family
Beds
5
Full Baths
7
Square Ft.
3,042
Lot Size
0.04 Acres
Year Built
1910
MLS Number
501844
30 Days Snapshot Of 11220
$578k
-3%
(avg) sold price
2
-33%
homes sold
199
-49%
(avg) days on market
Snapshot
Area Map
Additional Details | Source HomeJunction
Basement
Amenities: Full, Semi-Finished, Separate Entrance
Building
Built in 1910, 3,042 total sqft, 1,100 building footprint sqft, 6 families, 3 stories, Length: 55.00, Type: Attached, Width: 20.00, Brick
Expenses
Fuel expense: $3,000, Gross expense: $22,258, Insurance expense: $6,000
Exterior Features
Brick
Fees
Cap rate: 0.07
Floors
Carpeting, Laminate, Tile
Foundation
Poured Concrete
Heating
Heat delivery: Steam/Radiator, Heating fuel: Oil
Income
Gross income: $93,600, Net operating income: $71,342
Lot
1,918 sqft, Number: 39, Size length: 95, Size width: 20
Property
Property panorama VT: https://www.propertypanorama.com/instaview/bny/501844, Property panorama, Zoning: R5B, Yard: Back, Front
Roof
Flat
Taxes
Tax amount: $10,258
Utilities
110 V, 220 V, Circuit Breakers, Hot water: Oil
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