Pending

8710 Third Avenue

Brooklyn NY, 11209

$2,499,000


$520.63 per sqft

Pending

7 Beds

5 Baths

4,800 sqft

Townhomes

Built in 1926

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

For income and expense breakdown, please reach out.

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.

All numbers are estimate and will need to be verified

RPLU-5123165249

MLS ID

September 6, 2024

Listed

December 4, 2024

Updated

Map

8710 Third Avenue
Brooklyn NY, 11209

Interior Features

Total Stories

3


Bedrooms

7


Total Bathrooms

5


Full Bathrooms

5


Laundry Description

In Unit


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.05 Acres

Other Property Details

Taxes

$14,736


Tax Frequency

Annually


Garage

No


View

No


View Description

Other


County

Kings


Pool

No

Listing History

Date

Event

Price

11/15/2024

Pending

Listed by Taylor Bos with Douglas Elliman Real Estate
Listing Contact: (917) 371-0788 

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the “RLS”). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024  The Real Estate Board of New York, Inc., All rights reserved

Data last updated on 12/4/2024 at 5:14 PM UTC

 

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