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8710 3rd Avenue
Fort Hamilton, New York
$2,499,000 Price
7 Bedrooms   5.0 Baths
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8710 3rd Avenue, Fort Hamilton, New York

Priced to sell at a 5.02% Cap rate! 8710 3rd Ave is a prime Bay Ridge, 6-unit multifamily townhouse, comprised of 5 residential units and 1 commercial unit across 4800 square feet. All units are free market and fully leased. Located just...

Priced to sell at a 5.02% Cap rate! 8710 3rd Ave is a prime Bay Ridge, 6-unit multifamily townhouse, comprised of 5 residential units and 1 commercial unit across 4800 square feet. All units are free market and fully leased. Located just one block from the 86th Street Station. This well-maintained property offers a steady income stream and multiple value-add opportunities. Unit Breakdown 1 X Commercial space 3 X 1 Bedroom & 1 Bathroom 2 X 2 Bedroom & 1 Bathroom Building Information Lot Size 20 X 100 Building Size 20 X 80 Total interior square foot 4800 Upgrades: Hot water heaters and boiler For income and expense breakdown, please reach out. Value-Add Opportunities: Laundry Facility: Basement hook-up already in place for adding laundry services. Storage Cages: Potential to add storage cages in the basement for extra income. Roof Improvement: Opportunity to finish the roof and possibly create additional usable space. All numbers are estimate and will need to be verified

Courtesy of Douglas Elliman Real Estate

Floorplan for 8710 3rd Avenue

Floorplan for 8710 3rd Avenue

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* All information furnished regarding property for sale, rental, financing or estimated mortgage rates is from sources deemed reliable but no warranty or representation is made as to the accuracy thereof. For further financing information, please contact a Brown Harris Stevens agent.

Listing Details

Fort Hamilton, New York
Type: Townhouse
Price: $2,499,000
Re Tax: $14,736
Last Updated: 9/30/2024
Web ID: 1086145479

Info & Amenities

Type: Townhouse
Rooms: 14.0
Bedrooms: 7
Bathrooms: 5.0
Built: 1926
Pets allowed: Yes

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved.

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