This 100% occupied prime Bay Ridge mixed use corner building is an ideal property for any type of investor. This property boasts 12 two bedroom apartments and 5 store fronts in one of the most sought after areas on 3rd Avenue. The below market rents and exceptional location offer the potential for upside income and strong appreciation. The projected 2019 gross income is $277,838. For more information please contact our office. Capital improvements: 1. Electrical system upgrade for entire building (including all electrical panels in all apartments). 2. New interior windows for the public spaces on each floor. 3. New intercom system. 4.Oil to gas conversion. New boiler and 2 new water heaters. 5. New front steps and replaced damaged concrete sidewalk. 6. Brick re-pointing in several large areas on the 4th floor.
This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.
