1513 Bay Ridge Ave, Brooklyn, NY 11230
Listed Price: $2,148,000
Sold Price: $1,888,000
5,157 Sq Ft · Mixed Use
Fully renovated mixed use building consisting of 3 stores, garage and 3 apartments. All tenants pay their own heat and hot water. Total gross income is $147,564 and net operating income of $116,199. Offered at a very attracting 5% cap rate. Prime retail locations by D Train. All tenants are in good standing. 2nd floor apartments are all modern: rear apartment has 3 bedrooms, middle apartment has 2 bedrooms and front apartment has one bedroom. Irregular lot – front 18 ft, middle 24 ft and rear 40 ft frontage.
Building type: Semi-Detached