475 80th Street - Bay Ridge

[4th Avenue & 5th Avenue]

Listing ID 86259TH

Description
Prime Bay Ridge/ 4 Avenue & 80 Street Income producer Legal 2 family Semi Attached BRICK 1st floor & 2nd floor currently rented to established Day Care with 6 over 6 1/2 room (3 bedrooms over 3 bedrooms with large living room, Formal Dining room, Modern Eat in Kitchen each floor) 1st floor used as day care with 2 patio & backyard & 2nd floor 3 bedroom apartment (Building size 20 x 62 approx 1,200 each floor) with patio over 2 garage. Tenant 1st floor day care & 2nd floor pay $ 6,000 a month (electric & cooking gas & own insurance) plus $ 200.00 each year (4 years left on lease) & over $100.00 w/s tenant pays! Owner pays heat & Hot water. walk in basement fully newly renovated has large family room plus 2 separate storage room & bath h/up plus boiler room & utility room & separate front entrance (rented for $ 1,000 a month as storage room)! 2 car garage (800 sq ft) rented for $ $ 1,000 a month No lease) Entire property newly renovated & gutted in 2010 with new roof, floors,walls, patio, Gas boiler & HWH & much more - Nothing to do but MOVE In & start collecting rent. $ 96,000 yearly income Cap rate of 5% plus projected more!Market value!Lot size 40 x 100 on irregular L shape zone R6B, R3X, C1-3, BR FAR as built 1.15 i Allowed usable floor area 4,000 Usable floor area as built 2,300 Unused FAR 1,700 which you can built Even convert 2 car garages to storefront Zone C1-3 or built above garage additional office/ room & more! Right of 4 Avenue business district with low tax class 1! Great opportunity! Train a few blocks away & all buses shopping, restaurant row & much more! Call for details!
General Details
Price价格
$1,578,000
Ownership价格
Multi-Family
Status
Block / Lot
5980 / 54
Approx SF
2,302
Lot Size [W x D]
40'x100'
Built Size [W x D]
20'x62'
Floors | Apts
2 | 2
Year Built
1925
Expenses Per Annum
RE Taxes
$9,635
Building Features
Patio
Driveway
Garage
Sprinklered