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$5,299,994

For Sale

No longer available 4/24/2019

8,100 ft²

$654 per ft²

24 rooms

12 beds

10 baths

Seller's agent

Licensed Real Estate Broker

Devoted Real Estate

Listing by 8201 4th Avenue Ste, Brooklyn, NY 11209

Common charges

Not applicable

Estimated payment

$33,285/mo

Taxes

$4,000/mo

Tax abatement

No info

About

Seller’s agent

/

Devoted Real Estate

Licensed Real Estate Broker

Devoted Real Estate

description

AMAZING OPPORTUNITY!!!!

MIXED USE ( 2 BUILDINGS) PROPERTY IN THE HEART OF BAY RIDGE PRIME LOCATION, CORNER PROPERTY!

10 APARTMENTS (8 1 BEDROOMS AND 2 2BRS) Units are rent stabilized but NOT Rent Control
APARTMENTS ARE RENTED OUT AT ABOUT $1000 EACH ON AVERAGE

3 STORES:
STORE 1 - $2K+ MONTHLY
STORE 2 - $7K+ MONTHLY
STORE 3 - $4K+ MONTHLY

YEARLY INCOME: $336K

YEARLY EXPENSES: $99K INCLUDING TAXES WHICH IS...

Policies

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Home features

No info on home features

Building amenities

No info on building amenities

About the building

7223 5th Avenue

7223 5th Avenue, Brooklyn, NY 11209

Mixed-use building inBay Ridge

6 units

4 stories

1928 built

Property history

  • Price Change: ↓ $1 (-0.0%) on 9/12/18
  • Days on market: 341 days
DatePriceEvent

7/24/2019

$5,299,994

No longer available

4/24/2019

$5,299,994

Temporarily off market

9/12/2018

$5,299,994

Price decreased by 0%

7/3/2018

$5,299,995

Price decreased by 7%

5/18/2018

$5,699,995

Listed by null

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Explore Bay Ridge

Transit

LocationDistance

Rat 77th St

0.22 miles

Rat Bay Ridge Av

0.28 miles

Rat 86th St

0.62 miles

Nat 8th Av

0.63 miles

NRWat 5th Av/59th St

0.68 miles

About Bay Ridge

Rental prices shown are base rent before any fees. Visit listings for cost and fees breakdown.

SalesMedian asking price

12 beds

$2.47M

The neighborhood where "Saturday Night Fever" was set has resisted the waves of change sweeping through other parts of Brooklyn. Bay Ridge remains a haven for long-term residents and local businesses. The Verrazano-Narrows Bridge dominates the skyline, and single-family row houses make up the majority of the housing stock. Renters priced out of Park Slope may find a similar community vibe here, at a decidedly lower price.

Learn more about Bay Ridge