$1,600,000 $1,349,000
Updated 5 years ago
Off Market

1643 Bay Ridge Parkway

Bensonhurst, Brooklyn | New Utrecht Ave & 17th Ave

20 Rooms9 Beds6 Baths3,280 Square FeetIncome Property

$1,600,000 $1,349,000
floors / apts3 / 6
Lot Size19'x100'
Built Size19'x82'
ZoneR5
Building TypeLow-Rise
RE Taxes$16,372
Price Per SF
$488

Listing Features

  • Radiator

Property Description for 1643 Bay Ridge Parkway

Heart of Bensonhurst- Large solid Brick 6 family building with projected rent roll of almost $110,000/year. New Boiler and Water heaters, Roof recently replaced. Semi-finished Basement with separate front entrance. Super-Convenient to all public transportation, shopping, restaurants, and schools. Excellent rent roll, High income property for Investor or potential vacant unit available for end-user. Price Right for Todays Market! A truly outstanding opportunity to own a prime piece of real estate, in of Brooklyn's most desirable neighborhoods.

Listing History for 1643 Bay Ridge Parkway

Now
09/02/2021
Price Increase by Billy Apter
RE/MAX Real Estate Professionals
07/29/2021
$1,349,000 [-$46,000] [3.3%]
Price Drop by Billy Apter
RE/MAX Real Estate Professionals

Building Details for 1643 Bay Ridge Parkway

OwnershipIncome Property
Building TypeLow-Rise
AgePre-War
AccessWalk-up
Year Built1931
Floors/Apts3/6
Learn More About the Building

Transit and Citi Bike

Subway

79 St
0.17 miles
71 St
0.26 miles

Contact Agents

Contact Agents

Billy Apter
RE/MAX Real Estate Professionals
Vito Angelo
RE/MAX Real Estate Professionals

Bensonhurst | Brooklyn

Quick Profile

Bensonhurst is a densely populated residential neighborhood with a bustling business district in the southwest section of Brooklyn. It’s a storied neighborhood and is considered to be the most ethnically diverse neighborhood in New York City.

Technically, Bensonhurst doesn’t quite have the same clean-cut boundaries the way other neighborhoods do. It has an odd shape that intertwines with the surrounding communities of Bath Beach, Dyker Heights, Borough Park and Mapleton. The neighborhoods are sometimes mistaken for Bensonhurst and vice versa. It’s bordered by 14th Avenue, which is to the northwest, 60st Street and McDonald Avenue to the northeast, Avenue S to the southeast, and 86th Street to the southwest.

You won’t find that many luxury building developments in this neck of the woods either. Much of the Bensonhurst neighborhood still has that old Brooklyn charm. It’s architecture comprises co-ops, condos, single-family attached, semi-attached, fully-detached homes, and also multi-family homes. It’s a healthy mix of quiet residential blocks and bustling commercial thoroughfare, especially along 86th Street. Bensonhurst has many similarities to Bath Beach, it’s immediate neighbor to the south.

Bensonhurst was once part of New Utrecht, which was one of the original six towns within Kings County. It was later absorbed into what we know as modern day Brooklyn. It is named after the Benson family, who were farmers and landowners and controlled much of Bensonhurst and parts of Bath Beach.

In its early history, Bensonhurst was mostly Italian-Americans and Jewish immigrants. In recent years the neighborhood has seen many Chinese, Russian, Middle Eastern and Mexican residents who call Bensonhurst home.

Besides the ethnic enclaves residing in Bensonhurst, the neighborhood is also attracting younger residents and families. The cost of living is considerably less compared to other parts of Manhattan and Brooklyn. In 2019, the homeownership rate in Bensonhurst was 36.5%, higher than the citywide share of 31.9%.

The D, N, and F service Bensonhurst and will shoot you straight into Midtown Manhattan where bus lines service the rest of the borough.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 81702TH