353 Bay Ridge Pky
Brooklyn, NY 11209
Multifamily Property For Sale
·
43 Units
Property Facts
| No. Units | 43 | Lot Size | 0.17 AC |
| Property Type | Multifamily | Building Size | 41,363 SF |
| Property Subtype | Apartment | No. Stories | 7 |
| Apartment Style | Mid-Rise | Year Built | 1961 |
| Building Class | C | ||
| Zoning | R5B, BR - Residential Multi-Family | ||
| No. Units | 43 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 41,363 SF |
| No. Stories | 7 |
| Year Built | 1961 |
| Zoning | R5B, BR - Residential Multi-Family |
Amenities
Unit Amenities
- Heating
- Refrigerator
- Oven
- Tub/Shower
Site Amenities
- Elevator
About 353 BAY RIDGE PKY , BROOKLYN, NY 11209
CPEX Real Estate has been retained on an exclusive basis to arrange the sale of 353 Bay Ridge Parkway, a 43-unit elevator building with 14 indoor parking spaces. The building is located on the north side of Bay Ridge Parkway between 3rd Avenue and 4th Avenue in the heart of Bay Ridge. This 7-story elevator building contains 42 residential apartments and 1 professional office which is currently vacant. 353 Bay Ridge Parkway generates an actual NOI of approximately $458,774 per year and contains a mixture of 12 one-bedroom apartments and 30 studios. There are 41 rent stabilized apartments and 1 free market apartment. 353 Bay Ridge Parkway is conveniently located two blocks from the R-train at 77th Street and 4th Avenue, walking distance to the famous 86th Street retail corridor, and is in close proximity to the Verrazano Bridge, BQE, Belt Parkway and the Shore Road waterfront. The building’s location provides a significant benefit to its current tenants and draws much interest from commuters, young professionals, and families alike.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 30 | - | - |
| 1+1 | 12 | - | - |
Property Taxes
| Parcel Number | 05929-0054 | Improvements Assessment | $1,176,750 |
| Land Assessment | $287,100 | Total Assessment | $1,463,850 |
Property Taxes
