![[Bensonhurst Real Estate, listing number 3305668]](https://www.vlshomes.com/images/full/3305668a.jpg)
| Description: 3305668 | |
| Presenting a rare opportunity to acquire a well-maintained, income-producing 20-family brick building in the heart of Bath Beachâ??one of Brooklynâ??s most established and sought-after neighborhoods. Property Details: Building Size: 60` x 78`, Lot Size: 60` x 97`. Total Living Area: 18,720 SF Unit Mix: (3) Three-bedroom units (9) Two-bedroom units (8) One-bedroom units Most units have been updated Financial Highlights: Gross Annual Income: $290,820 Cap Rate: Over 5% Approximately 10 leases renew annually, offering consistent rent growth potential Situated on a quiet, tree-lined street just minutes from 86th Street retail, restaurants, banks, supermarkets, Dyker Beach Park & Golf Course, and public transportation. Easy access to the Belt Parkway. This is a high-performing, turn-key asset with stable cash flow and future upsideâ??ideal for investors seeking a strategic long-term hold in a proven Brooklyn submarket. | |
Details: |
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| Families: | 20 | |
| Bedrooms: | 35 | |
| Property Type: | Multi-Family | |
| Built: | 1916 | |
Financials: |
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| Price: | $3,490,000 | |
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