Listed by EXIT Realty Professionals
$1,490,000
1564 Bay Ridge Avenue
Details
Property Type Retail
Sub Type Commercial
Square Footage 5,280
Units 6
Cap Rate 0.05%
NOI $73,333
Price per SqFt $282
Year Built 1925
Stories 3
Acreage 3000.000
Zoning r5
Retail | 0.05% CAP | 5,280 SqFt
Marketing description
Introducing this six-family solid brick building in Bensonhurst. Lot size 30 x 100 and huge building of 22 x 80. It features 1 x one bedroom and 5 x two-bedroom units. Gross yearly income is $ 106,508.88, 4.73 % cap, private driveway which gets $200 extra income for two parking spaces, finished basement with interior and rear entrance. It will be good for investment, 1031 exchange or self use, minutes away to D train subway station of 71st St.. Close to everything and great school ratings.
Listing Contacts
Listed by EXIT Realty Professionals
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$73,332.88
$6,111.07/mo
Valuation Metrics
0
DSCR
4.92%
Cap Rate
4.92%
ROI
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