474 Bay Ridge Ave

New York NY 11220

3042 sq. ft.

1918 sq. ft.

Multi-Family

Currently for sale - view listing

Overview

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 occupied on 3rd floor front and rear. Offering exceptional flexibility for investors or owner-occupants. Situated on a 20' x 96' lot with a building size of approximately 20' x 55', this property offers strong upside potential in one of Brooklyn's most desirable neighborhoods. Annual property taxes are approximately $10,385. Conveniently located near shopping, dining, transportation, and local amenities. A rare Bay Ridge investment opportunity not to be missed! PS: Purchaser must provide a substantial down payment in order to qualify for mortgage financing for this purchase.

Features

5 bedrooms

7 bathrooms

3042 sq. ft. floor area

1918 sq. ft. lot size

Multi-Family

Property history for 474 Bay Ridge Ave

2016

Sold

$990,000

21 May 2016 by Pavel Litvintsev, of GELFAND REALTY INC

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