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36 Bay 32nd St
Brooklyn, NY 11214
36-38 Bay 32 · Multifamily Property For Sale · 12 Units

Property Facts

No. Units 12
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.13 AC
Building Size 10,488 SF
Average Occupancy 50%
No. Stories 3
Year Built 1924
Parking Ratio 0.19/1,000 SF
Zoning R5 - R5 Zoning is considered “low density” residential zoning.

About 36 BAY 32ND ST , BROOKLYN, NY 11214

Value-Add Opportunity! 12-unit apartment building with (3) 1 bedroom, (6) 2 bedroom and (3) 3 bedroom apartments. All brick, large building 46 feet wide by 76 feet deep (combined), 3 floors plus full basements, 2 parking spaces and high ceilings. Building is 10,488sf without basements. 2 boilers (gas), 4 hot water heaters (gas), 14 gas meters and 14 electric meters. Current income is $72,000 yearly. No leases, 4 vacant apartments, 1 relative occupied apartment and 1 owner occupied apartment. Real Estate Taxes $33,760 yearly ($16,880 each). Landlord pays for heat, hot water, common electric/heat and water/sewer. Tenants pay for cooking gas and electric. These buildings need TLC. Built 1924. Lot size 60x96.67 (5,800.20sf), R5 zoning. This sale includes (2) 6-unit apartment buildings that are semi-attached to each other—same owner, two separate deeds, two separate lots. Train (D-line), bus and Belt Parkway nearby. Development opportunity, possible Condo development. Contact HT Realty USA, LLC. for more information.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+1 3 $2,250 -
2+1 6 $1,850 -
1+1 3 $1,450 -

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 06382-0057
  • 06382-0058
Land Assessment
$8,100
Improvements Assessment
$1,011,600
Total Assessment
$1,019,700
  • Listing ID: 18337028

  • Date on Market: 1/29/2020

  • Last Updated:

  • Address: 36 Bay 32nd St, Brooklyn, NY 11214

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