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8699 Bay Parkway Brooklyn, NY $ 3,980,000
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$ 3,980,000 Get more info
8699 Bay Parkway
$ 3,980,000
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Share Save

8699 Bay Parkway

Brooklyn, NY, 11214
$ 3,980,000
Baths16.0 Sq 15,000

Monthly Estimate*

$ 27,801

8699 Bay Parkway, Brooklyn, NY 11214 - Image 1
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8699 Bay Parkway, Brooklyn, NY 11214 - Image 3
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Studio

Multi-Family Home for sale in Brooklyn, NY

for $3,980,000 with 16 full baths. This 15,000 square foot home was built in 1913 on a lot size of 0.110973.

This is a rare chance to own a legal 16-unit brick walk-up building located in the highly sought-after area of Bath Beach. The building sits on a large 52x97 lot and measures 50x75. It comprises 13 two-bedroom and 3 three-bedroom apartments, all in excellent condition or recently renovated. The building is conveniently situated just one block away from shopping, restaurants, banks, supermarkets, services, and public transportation. Currently, the building generates approximately $347,000 in rental income, with around $96,500 in expenses. You don't want to miss out on this rare opportunity! Please call agent for more information!

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Multi-Family Active

Price

$ 3,980,000

Bedrooms

Studio

Full Bath

16

Property Type

Multi-Family

Taxes

$ 50,278

Style

Multi-Family

Lot Size

0.110973

Year Built

1913

Town/City

Brooklyn

County/Region

Kings

MLS | Web ID

477897
Features
Interior
Heating Fuel Gas
Flooring Hardwood Tile
Hot Water Gas
Full Baths 16
Half Baths 0
Three Quarter Bath 0
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General
Roof Flat
Zoning R6
Electric 110 V
Stories 4
Property Type Residential
Block 6415
Yearly Taxes 50278.00
Transaction Type Sale
Financing 1031 Exchange Bank Mortgage Cash
Building Type Attached
Status Active
Construction Materials Brick
Cumulative Days on Market 186
MLS Area Bath Beach
Sub Type Multi-Family
Year Built 1913
City Brooklyn
DOM 186
# Families 16
Coming Soon This is a rare chance to own a legal 16-unit brick walk-up building located in the highly sought-after area of Bath Beach. The building sits on a large 52x97 lot and measures 50x75. It comprises 13 t
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Exterior
Exterior Brick
Foundation Poured Concrete
Parking Attrib Other
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Internal Only
Originating MLS Brooklyn New York MLS
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* Excluded Features
List By
Grandeur Realty, Inc.

Broker

(347) 276-4737

Phone

Affordability Calculator

$31,991
Per Month
87%
13%
0%
Monthly Principal & Interest
$27,801
Monthly Property Taxes
$4,190
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1337269 Elementary School
1337270 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
1/25/2024$3,980,000 -7.87% Price Down
10/28/2023$4,320,000 Listed Price

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8699 Bay Parkway, Brooklyn, NY, 11214 is a Multi-Family Home for sale at $3,980,000 with 15,000 sqft and a lot size of 0.110973. 8699 Bay Parkway is a studio with 16.0 baths and was built in 1913. The property's zip code is 11214 which is in Brooklyn, NY

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