For Sale

Listed by Chong Zhang and Yu Cheng Hsu from B Square Realty Inc

Source: OneKey #3344551

114 Bay Parkway, New York, NY, 11214

$2,750,000

10
11
6
0.09 ac.

MultiFam

30+ days on the market

What's around 114 Bay Parkway

About this property

Huge brick 6 family apartment building located in Brooklyn, comes with 6 parking spaces. Building size is 4815 SF, Lot size is 3868 Sf, R5 zoning, property tax is only $2591/year, 15 years tax abatement until the year 2026. Good rental income. Each apartment has a separate heating and hot water system. 1x 1 bedroom/1 bath, 4x 2 bedrooms/1 bath, and 1x 3 bedrooms/1.5 bath. The building has a Sprinkler system. Well maintained, hardwood floor, move-in condition, Cap rate is 4.5% per year. Next to D train, Bus B82, next to supermarket, restaurant, parks! Easy to show.

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