475 80, New York

$1,800,000

8 Beds
3 Baths
2,302 Sqft
0 Acres
0 Garages

Prime Bay Ridge/ 4 Avenue & 80 Street Income producer Legal 2 family Semi Attached BRICK 1st floor & 2nd floor currently rented to established Day Care with 6 over 6 1/2 room (3 bedrooms over 3 bedrooms with large living room, Formal Dining room, Modern Eat in Kitchen each floor) 1st floor used as day care with 2 patio & backyard & 2nd floor 3 bedroom apartment (Building size 20 x 62 approx 1,200 each floor) with patio over 2 garage. Tenant 1st floor day care & 2nd floor pay $ 6,000 a month (electric & cooking gas & own insurance) plus $ 200.00 each year (4 years left on lease) & over $100.00 w/s tenant pays! Owner pays heat & Hot water. walk in basement fully newly renovated has large family room plus 2 separate storage room & bath h/up plus boiler room & utility room & separate front entrance (rented for $ 1,000 a month as storage room)! 2 car garage (800 sq ft) rented for $ $ 1,000 a month No lease) Entire property newly renovated & gutted in 2010 with new roof, floors,walls, patio, Gas boiler & HWH & much more - Nothing to do but MOVE In & start collecting rent. $ 96,000 yearly income Cap rate of 5% plus projected more!Market value!Lot size 40 x 100 on irregular L shape zone R6B, R3X, C1-3, BR FAR as built 1.15 i Allowed usable floor area 4,000 Usable floor area as built 2,300 Unused FAR 1,700 which you can built Even convert 2 car garages to storefront Zone C1-3 or built above garage additional office/ room & more! Right of 4 Avenue business district with low tax class 1! Great opportunity! Train a few blocks away & all buses shopping, restaurant row & much more! Call for details!

Essential Information
MLS® #436403
Price$1,800,000
Bedrooms8
Bathrooms3.00
Full Baths2
Square Footage2,302
Year Built1925
TypeMulti-Family
Sub-TypeMulti-Family
StyleOther
StatusActive
Community Information
Address475 80
AreaBay Ridge
CityNew York
CountyKings (Brooklyn)
StateNew York
Zip Code11209
Amenities
AmenitiesStorage rooms
Features

Laundry Area, Porch, Refrigerator, Stove, Terrace, Central Air - Split, Patio Garden

Interior
InteriorCeramic, Hardwood
AppliancesRefrigerator, Stove
HeatingSteam/Radiator, Ductless/Split
Has BasementYes
# of Stories2
Basement

Finished, Separate Entrance, Walk-in

Exterior
ExteriorBrick
Lot Description800
RoofFlat
ConstructionBrick
FoundationPoured Concrete
Additional Information
Date ListedFebruary 1st, 2020
Days on Market30
ZoningR6B,c1-3
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Listing courtesy of BRP Associates Inc

© 2020 Brooklyn New York MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Casandra Properties Inc. Data last updated: May 25th, 2020 at 6:00pm EDT

Listing courtesy of BRP Associates Inc

© 2020 Brooklyn New York MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Casandra Properties Inc. Data last updated: May 25th, 2020 at 6:00pm EDT

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