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New
2126
Home61's Closings in
Miami, FL
Amenities
Key features
Living area
5,400 sqft
Lot size
N/A
Tax
$ 21,584
$ /sqft
$ 250
Half Bath/WC
-
Parking Space
0
Building
Bay Ridge
On market
1 day
$ /sqft
$ 250
Type
other
Year Built
1915
Unit
-
Zip Code
11220
Ref./MLS ID
RLS11030435
DESCRIPTION
Bay ridge all-brick 6-family asset. Fully tenanted, the owner-occupied 2-bedroom will be delivered vacant. Upside potential offers the opportunity for growing returns; all current 2-year leases are set to expire on 9/30/25. The building is 20' x 90' on a 114 ft lot zoned r7b. Well-maintained, with 5,400 interior sq. Ft. Located in prime northern bay ridge near shopping, dining, and multiple transportation options. Current rr is $123,421/yr, with total expenses of $34,084 (current cap 6. 6). Projected income upon new lease signing is $145,729, bringing cap above 8%. 11 total bedrooms, 6 baths. Buyers are responsible for due diligence; apartments are rent-stabilized. Shown by appointment.
Data is provided by The Real Estate Board of New York, Inc..
Listed on January 23, 2025 by Jean Marrone from Keller Williams Realty Empire, this other is for sale. 10/6 other for sale in New York City listed at $1,350,000, Reference RLS11030435
The multiple listing information is provided by The Real Estate Board of New York, Inc.® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2025 The Real Estate Board of New York, Inc.®. All Rights Reserved.
The information provided is 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. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
The multiple listing information is provided by The Real Estate Board of New York, Inc.® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2025 The Real Estate Board of New York, Inc.®. All Rights Reserved.
The information provided is 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. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.