For Sale

Listed by Joshua Skyer from REAL Brokers LLC.

Source: Brooklyn Board of REALTORS® #505747

8774 23rd Avenue, New York, NY, 11214

$1,800,000

9
5
2848 sq. ft.
2319 sq. ft.

MultiFam

•

What's around 8774 23rd Avenue

About this property

Rare three family in prime Bath Beach, offered for the first time since it was built in 1960. Nine bedrooms and five full baths across three spacious apartments: a 2-bedroom, 1 bath; a 3-bedroom, 2 baths; and a 4-bedroom, 2 baths. A finished basement with its own space adds even more flexibility (buyer to verify permitted use). A true investment opportunity. The building can be delivered with the current paying tenants in place for income from day one, or delivered vacant. Current rents are well below market, giving a new owner clear upside, and separate meters keep the tenants responsible for their own utilities. Ideal for investors, house hackers and end users alike. Live in one unit and let the other two help carry the mortgage, or reposition all three apartments at today's rents. Parking is a standout: a private driveway with off street parking, a true rarity in this part of Brooklyn. Solid brick construction, a gated front patio and a rear patio round out the package. Close to the shops and restaurants of Bath Avenue and 86th Street, with the D train and the Belt Parkway nearby.

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