Historical Multifamily Sale Listing - Bay Ridge Investment Opportunity

Multifamily For Sale

This Multifamily property is Off-Market. Search below to find active commercial real estate for sale or lease.

Browse More Listings in Multifamily For Sale, Brooklyn, NY or New York

Bay Ridge Investment Opportunity

575 80th Street, Brooklyn, NY 11209

N/A

9 Units | Multifamily

  • Print

Multifamily Property - Off Market

Price:
N/A
No. Units:
9
Building Size:
7,740 SF
Property Type:
Multifamily
Property Sub-type:
Mid/High-Rise
Property Use Type:
Investment
Commission Split:
2%
Cap Rate:
5.80%
Lot Size:
2,975 SF
APN / Parcel ID:
5987-47
Listing ID
17739154
Last Updated
233 days ago

Description

Primary Address: 575 80 St
Zip: 11209
Borough: Brooklyn
Block & lot: 05981-0047
Alt address: 7926 6 Ave

Property Tax Assessment:
Actual land: $5,019
Assessment: $133,848
Tax class: 2B
Annual tax bill: $17,979
Annual tax bill projected: $18,528

Zoning, Use & Class:
Zoning district: R4-1/BR
Building class: (C1)
Historic district: None
Landmark: None

Building SF: 7,740
Residential SF: 7,740
Lot SF: 2,975
Max allowed FAR: 0.9
FAR as built: 2.6
Maximum usable floor area: 2,678
Usable floor area: 7,735
SF over FAR: 5,057
Building dimensions: 25 ft x 104.67 ft
Stories: 3
Residential units: 9
Has extension: No
Has garage: No
Year built: 1931
Lot dimensions: 26.75 ft x 123.67 ft
Corner lot: Yes, NW

Zoning map : 22b
Tax map: 31805
Sanborn map: 311 042
Toxic site on this property: No
Neighboring toxic sites: No

RENTAL INCOME:

Actual
Residential Rent 137,223

TOTAL INCOME: 137,223

OPERATING EXPENSES:

Building Insurance 2,200
Electric 960
Heating Oil 8,000
Water & Sewer 8,350
Real Estate Tax 17,979
R&M 1,500

TOTAL EXPENSES: 38,989

NET CASH FLOW: 98,234

Map of 575 80th Street, Brooklyn, NY 11209 (Kings County)

Research for 575 80th Street, Brooklyn, NY 11209 (Kings County)

  • Demographics – Population, income & other demographics near 575 80th Street
  • Research Price – Recent sales of similar properties
  • Property Record Data – Historical listings, current tax, mortgage, owners & tenant info for this building

Similar Listings

3 Photos
Greenwood Heights 10 Un...
Greenwood Heights 10 Un...
  • Brooklyn, NY
  • $1,900,000
  • 5,722 SF Bldg
2 Photos
1473 Myrtle Avenue
1473 Myrtle Avenue
  • Brooklyn, NY
  • $2,300,000
  • 5,500 SF Bldg
596 Rogers Avenue 596 Rogers Avenue
  • Brooklyn, NY
  • $2,225,000
  • 7,664 SF Bldg
2 Photos
5023 4th Ave
5023 4th Ave
  • Brooklyn, NY
  • $3,300,000
  • 9,373 SF Bldg
3 Photos
110 Montague Street
110 Montague Street
  • Brooklyn, NY
  • $6,500,000
  • 7,625 SF Bldg
East New York Mixed Use... East New York Mixed Use...
  • Brooklyn, NY
  • $775,000
  • 5,440 SF Bldg
7 Unit Mixed Use Bldg o... 7 Unit Mixed Use Bldg o...
  • Brooklyn, NY
  • $2,450,000
  • 6,500 SF Bldg
8 Unit Multi-Family Bui... 8 Unit Multi-Family Bui...
  • Brooklyn, NY
  • $2,300,000
  • 8,008 SF Bldg
Boerum Hill Development... Boerum Hill Development...
  • Brooklyn, NY
  • $3,399,999
  • 7,200 SF Bldg
Mixed Use Building in S... Mixed Use Building in S...
  • Brooklyn, NY
  • $2,995,000
  • 6,491 SF Bldg
Prime 7 Unit Mixed Use ... Prime 7 Unit Mixed Use ...
  • Brooklyn, NY
  • $1,995,000
  • 7,395 SF Bldg
Ocean Hill   Off-Market... Ocean Hill Off-Market...
  • Brooklyn, NY
  • $1,595,000
  • 7,148 SF Bldg
BAY RIDGE BAY RIDGE
  • Brooklyn, NY
  • $1,200,000
  • 5,475 SF Bldg
PARK SLOPE PARK SLOPE
  • Brooklyn, NY
  • $1,200,000
  • 5,625 SF Bldg