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Bay Ridge

551 82nd St, Brooklyn, NY 11209

This impressive property in Bay Ridge, Brooklyn, boasts a spacious footprint measuring 25 feet wide by 73 feet deep. Comprising six well-appointed two-bedroom, one-bathroom units, it offers a blend of modern amenities and classic charm. The building has been meticulously maintained, ensuring low upkeep for future owners. Recent upgrades include a new roof, boiler, and electric systems, as well as a converted gas heating system, providing peace of mind for prospective buyers. With a solid rental history and legal rent roll established, this asset presents an attractive investment opportunity with a current CAP rate of 6%. The potential for developing two duplexes on the first and ground levels adds to its appeal. Additionally, there is a laundry hook-up ready for future coin-operated machines, enhancing convenience for residents. Located near public transportation options and an array of shopping and dining experiences, this property is ideally positioned for both tenants and investors.

Total Units: 1

For Sale: 0

For Rent: 0

Building type: Attached

Style: Other

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Bay Ridge

551 82nd St, Brooklyn, NY 11209

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