861 Bay Ridge Ave APT 1, Brooklyn, NY 11220

THIS UNIT IS PART OF A BULK SALE, BUT MAY BE PURCHASED INDIVIDUALLY. Newly renovated, spacious 1002 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. Ground floor unit does not have a balcony but is handicap accessible. 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 an expired lease. 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. 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!