8510 Bay 16th Street, Brooklyn, NY 11214
sale
$3,100,000
|
Office
Courtesy Of Womcore LLC dba Remax Edge
Rare-find commercial building built in 1996 with C1-2/R5 overlay zoning, currently fully occupied by 5 commercial tenants: a long-established dental office on the 1st front, a construction company office on the 1st floor rear, a limousine service company on the 2nd floor front, a dental lab on the 2nd floor rear, and a usable basement occupied by a spice company. The building measures approximately 30×103 ft (about 3,111 SF) on the first floor, with the second floor and basement each approximately 30×70 ft, for a total of roughly 7,311 SF, situated on a 38×103 ft lot with a private driveway. Additional features include an elevator from the basement to the top floor, 4 separate entrances, and 5 separate water heaters along with 5 independent HVAC systems. This is an excellent investment opportunity generating approximately $191,400 in annual income with an NOI of $134,546, offering strong upside potential for future income growth.
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Property Features
- Age: 21-30 Years Old
- Architecture Style: Other
- Exterior Type: Stucco
- Floor Covering: Tile
- Floor Covering: Hardwood
- Floors: 2
- Heating System: Natural Gas
- MLSID: 499099
- Parking Spaces: 3
- Roof Type: Flat
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