$1,950,000
Updated 2 years ago
Sold

6514 Bay Parkway

Bensonhurst, Brooklyn | 65th Street & 66th Street

10 Rooms6 Beds2 Baths3,000 Square FeetMixed Use

$1,950,000
floors / apts3 / 2
Lot Size20'x62'8''
Built Size20'x50'
ZoneC4-2A
Building TypeLow-Rise
RE Taxes$7,100
Price Per SF
$650

This property was sold for $1,800,000 on 07/11/24.

Property Description for 6514 Bay Parkway

Prime Bensonhurst high traffic area, mixed use 2 family and 1 store brick building, built size 20x50, 3 stories plus full basement. Store front serves as a turnkey fully equipped bakery with exhaust hood and fire suppression system which could be suitable for a restaurant as well or other businesses. Upper floors consist of 2 separate 3 bedrooms apartments. This property offers high income potential with multiple streams of revenue, including the store and two rental apartments. It provides an excellent opportunity for new owners who want to start their own business and generate revenue while also earning rental income from the upstairs apartments. The location of the building is convenient, being near the N train station, bus stops, and supermarkets. This accessibility ensures easy transportation for both residents and potential customers. Full possession. Don't miss this attractive investment opportunity.

Listing History for 6514 Bay Parkway

Now
07/11/2024
$1,800,000
Sold and Closed by Po Man Liu
RE/MAX Real Estate Professionals
04/25/2024
Contract Signed by Po Man Liu
RE/MAX Real Estate Professionals

Building Details for 6514 Bay Parkway

OwnershipMixed Use
Building TypeLow-Rise
AgePre-War
AccessWalk-up
Year Built1935
Floors/Apts3/2
Learn More About the Building

Contact Agent

Contact Agent

Licensed As
Real Estate Associate Broker
Associate Broker
License#:
30LI0904372
Company:
RE/MAX Real Estate Professionals
Po Man Liu
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: 91400TH