$4,700,000 $4,850,000
Updated 2 hours ago
Price drop
65 Views
Bensonhurst, Brooklyn | Bay Parkway & Ave O
29 Rooms12 Beds11.5 Baths1,392 Square FeetMixed Use

$4,700,000 $4,850,000
floors / apts3 / 6
Lot Size60'x100'
ZoneR5B
Building TypeLow-Rise
RE Taxes$89,615
Price Per SF
$3,376

Outdoor space and views

  • Balcony

Building Amenities

  • Voice Intercom
  • Driveway
  • Garage

Property Description

Amazing investment opportunity in prime Bensonhurst located steps from the Bay Parkway N Train. This 6 Family (free market) with 3 Commercial spaces and 5 parking spots was built in 2018. The residential units consist of large 2 bed 2 bath apartments with oversized windows and split/cooling/heating systems. This building has a potential 5.6 cap rate. Contact for a full setup and showings.

Listing History

Now
06/10/2022
$4,700,000 [-$150,000] [3.1%]
Price Drop by Steve Schaefer
Compass
04/05/2022
$4,850,000 [-$100,000] [2%]
Price Drop by Steve Schaefer
Compass

Building Details

OwnershipMixed Use
Building TypeLow-Rise
Service LevelVoice Intercom
AgePost-War
AccessWalk-up
Year Built2018
Floors/Apts3/6
Learn More About the Building

Transit and Citi Bike

Subway

Bay Pkwy
0.07 miles
Avenue P
0.44 miles
Avenue N
0.46 miles
Kings Hwy
0.49 miles
20 Av
0.49 miles

Co-exclusive agents

Co-exclusive agents

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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: 33561TH