8710 3rd Ave - Apartments FOR SALE


Brooklyn, NY 11209
$2,499,000 USD
212-350-8500
8710 3rd Ave, Brooklyn, NY for Sale
$2,499,000 USD
Apartments - FOR SALE
1/10
null | 5.03% Cap Rate

8710 3rd Ave
Brooklyn, NY 11209


HIGHLIGHTS

  • This well-maintained property offers a steady income stream and multiple value-add opportunity.

OVERVIEW

Priced to sell at a 5.02% Cap rate! 8710 3rd Ave is a prime Bay Ridge, 6-unit multifamily townhouse, comprised of 5 residential units and 1 commercial unit across 4800 square feet. All units are free market and fully leased. Located just one block from the 86th Street Station. This well-maintained property offers a steady income stream and multiple value-add opportunities. Unit Breakdown: 1 X Commercial space 3 X 1 Bedroom & 1 Bathroom 2 X 2 Bedroom & 1 Bathroom Building Information: Lot Size 20 X 100 Building Size 20 X 80 Total interior square foot 4800 Upgrades: Hot water heaters and boiler Value-Add Opportunities: Laundry Facility: Basement hook-up already in place for adding laundry services. Storage Cages: Potential to add storage cages in the basement for extra income. Roof Improvement: Opportunity to finish the roof and possibly create additional usable space. For income and expense breakdown, please reach out. All numbers and floorplans are estimates and will need to be verified.

FOR SALE DETAILS

PRICE

$2,499,000 USD

PRICE/SF

$521 USD /SF

# OF UNITS

5

PRICE/UNIT

$499,800

CAP RATE

5.03%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1926

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

1,999 SF

ZONING

R6B

APN/PARCEL ID

06048-0034

ASK ABOUT THIS PROPERTY

Taylor BosDouglas EllimanMore Info
212-350-8500

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Taylor BosDouglas EllimanMore Info
212-350-8500

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.