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Off market
  • $760,900

    859 Bay Ridge Ave #7, Brooklyn, NY 11220

    3beds
    1,138sqft
    Condo
    Built in 1996
    -- sqft lot
    $760,900 Zestimate®
    $669/sqft
    $3,323 Estimated rent

    What's special

    THIS UNIT IS PART OF A BULK SALE, BUT MAY BE PURCHASED INDIVIDUALLY. Newly renovated, spacious 1138 sq. ft. units with 3 bedrooms and modern 1.75 baths. Eat-in kitchen with stainless appliances (dishwasher, microwave, stove), new cabinets, and granite countertops. Lots of closets and hardwood floors throughout. Includes one compact outdoor parking space and one large private basement storage room. Unit has a balcony with a view of the Verrazzano-Narrows Bridge. Separate gas heating and sleeve air conditioner. Tenants pay all utilities. Shared laundry facilities in basement. Conveniently located near mass transit, shopping, and restaurants. Monthly common charges are $475 per unit. This unit is currently occupied by a tenant with a lease expiring 3/31/21. Bulk Sale Info: Asking $875,000 each or $4,000,000 bulk for 5 units. Bulk purchase allows for control of the condo board. Building is located on 2 lots. Built in 1996, 4 story walkup, 8 unit condo building. Each unit comes with a compact, outdoor parking space. and one private, locked storage room in the basement. All except ground-floor unit have a balcony. There are shared/communal laundry facilities in the basement, but washers/dryers are not permitted in the units. Approximate annual gross income potential is $180,000. Excellent opportunity for 1031 exchange. INVESTOR'S DELIGHT!

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    Interior area
    • Total interior livable area: 1,138 sqft

    Property

    Details
    • Parcel number: 057701007

    Construction

    Type & style
    • Home type: Condo
    Condition
    • Year built: 1996

    Community & neighborhood

    Location
    • Region: Brooklyn

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $475 monthly
    Services availability