Property Showcase

861 Bay Ridge Avenue #BulkBrooklyn, NY 11220 0

$4,000,000
Condo/Townhouse
Status: Active
  • Bed:15
  • Bath:10
  • Sqft:5,300
  • MLS#: 445675
40.629493713378906-74.013214111328125
Courtesy Of Brooklyn Realty Center Inc.

Description:

INVESTOR’S DELIGHT! Bulk sale of 5 condo units; units may be purchased individually. Built in 1996, 4 story walkup, 8 unit condo building. Newly renovated, spacious 1100+/- sq. ft. units with 3 bedrooms and modern 1.75 baths. Eat-in kitchen with stainless appliances (dishwasher, microwave, stove), new cabinets, and granite countertops in most units. Lots of closets and hardwood floors throughout. Each unit includes one compact outdoor parking space and one large private basement storage room. Great views of the VERRAZZANO-NARROWS Bridge from the airy balcony. (Ground floor unit does not have a balcony, but is handicap accessible.) Separate gas heating and sleeve air conditioners in each unit. There are shared/communal laundry facilities in the basement, but washers/dryers are not permitted in the units. Tenants pay all utilities. Conveniently located near mass transit, shopping, and restaurants. Approximate annual gross income potential is $180,000. Monthly common charges are $475 per unit. Bulk purchase allows for control of the condo board. Building is located on 2 adjacent lots. Excellent opportunity for 1031 exchange.

Main Features:

Listing Status Active Year Built 1996
Rooms 25 Full Bath 5
County Kings Taxes $7,245.00
Rental Price $0 Units 8

Additional Features:

Air Conditioning 5+
Amenities Laundry – Card Operated
Storage rooms
District Brooklyn
Features A/C Unit - Wall
Dishwasher
Refrigerator
Stove
Terrace
Financing 1031 Exchange
Bank Mortgage
Cash
Flooring Hardwood
Handicap Access Yes
Heat Baseboard
Heating Fuel Gas
Owner Occupied No
Pets Allowed Both Cats & Dogs
Property Subtype Condo
Sale Type Arm's Length
Transaction Type Sale
Type Apartment
Utilities Sewer
Water

Extra Features:

Assessment 0.00 CDOM 97
Down Payment 0 Floor Number 4
Lot Number 7501 Maintenance Fee 475.00
Management Company Rosa Cascardo Number Of Rooms 35
Project Name 861 Condos Three Quarter Bathrooms 5

The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Brooklyn Board of Realtors. 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 deemed reliable but not guaranteed.
Copyright© 2021 Brooklyn MLS. All Rights Reserved.
Last Updated On: 3/7/2021 11:21:52 PM

861 Bay Ridge Avenue #Bulk, Brooklyn, NY 11220

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The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Brooklyn Board of Realtors. 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 deemed reliable but not guaranteed.
Copyright© 2021 Brooklyn MLS. All Rights Reserved.
Last Updated On: 3/7/2021 11:21:52 PM

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