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Property Description

Rare three family in prime Bath Beach, offered for the first time since it was built in 1960. Nine bedrooms and five full baths across three spacious apartments: a 2-bedroom, 1 bath; a 3-bedroom, 2 baths; and a 4-bedroom, 2 baths. A finished basement with its own space adds even more flexibility (buyer to verify permitted use).

A true investment opportunity. The building can be delivered with the current paying tenants in place for income from day one, or delivered vacant. Current rents are well below market, giving a new owner clear upside, and separate meters keep the tenants responsible for their own utilities.

Ideal for investors, house hackers and end users alike. Live in one unit and let the other two help carry the mortgage, or reposition all three apartments at today's rents.

Parking is a standout: a private driveway with off street parking, a true rarity in this part of Brooklyn. Solid brick construction, a gated front patio and a rear patio round out the package.

Close to the shops and restaurants of Bath Avenue and 86th Street, with the D train and the Belt Parkway nearby.

Overview

Property Status
For Sale
Lot Size
2,319 Sq.Ft.
MLS ID
505747
Property Type
Multi-Family
Year Built
1960

Features & Amenities

Total Area
2,848 Sq.Ft.
Neighborhood
Brooklyn
Roof
Asphalt
Lot Features
Irregular Lot
Heat Type
Steam, Natural Gas
Air Conditioning
Window Unit(s)
Appliances
Gas Water Heater, Dishwasher, Refrigerator, Cooktop
Sales Price
$1,800,000
Real Estate Tax
$11,685/yr
Zoning
R5

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8774 23rd Avenue

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for your interest in 8774 23rd Avenue, Brooklyn, NY 11214

8774 23rd Avenue
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8774 23rd Avenue

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