Address
8614 Bay 16th Street, Brooklyn, NY
Price
$ 2,088,000
Property Attributes
  • MLS#503463
  • TypeMulti-Family
  • Listing Status Active
  • CountyKINGS
  • CityBrooklyn
  • AreaBrooklyn
  • NeighborhoodBath Beach
  • Zip11214
  • StyleMulti-Family
  • Year Built2002
  • Taxes$ 6111
  • Price$ 2,088,000
  • Bedrooms9
  • Full Bathrooms3
  • Half Bathrooms3
  • Sqr Footage3180
  • Lot Size0.044376 Acres
Data Source:
Brooklyn MLS (BNYMLS)
Property Description

Exceptional opportunity to own a well-maintained 3-family home in the heart of Bath Beach! Each spacious unit features 3 bedrooms. The first-floor unit offers 1 full bathroom, while the second and third-floor units each feature 1.5 bathrooms for added convenience. A fully finished basement. Enjoy the convenience of a private front driveway for off-street parking. Situated in a prime location close to shopping, restaurants, public transportation, schools, and much more, this property offers the perfect combination of space, functionality, and accessibility. Don't miss this outstanding investment and income-producing opportunity!

Price History
8/2/2026 Listed $2,088,000

General Features

Net Operating Income 63689.00
Roof Flat
Zoning R5
Electric Circuit Breakers,Other
Stories Count 3
Property Type Residential
Block 6366
Cap Rate 0.03
Lot Number 51
Yearly Taxes 6111.00
Transaction Type Sale
Miscellaneous Expense 0.00
Insurance Expense 2200.00
Utility Expense 0.00
Gross Expense 8311.00
Financing 1031 Exchange,Bank Mortgage,Cash
Building Type Semi-Detached
Gross Income 72000
Status Active
Fuel Expense 0.00
Construction Materials Brick
Cumulative Days on Market 45
MLS Area Bath Beach
Sub Type Multi-Family
Year Built 2002
City Brooklyn
Borough Brooklyn
Residential Features A/C Unit - Wall,Other
DOM 45
Sale Type Arm's Length
# Families 3
Public Remarks Exceptional opportunity to own a well-maintained 3-family home in the heart of Bath Beach! Each spacious unit features 3 bedrooms. The first-floor unit offers 1 full bathroom,while the second and thi

Interior Features

Heating Fuel Gas
Flooring Hardwood
Hot Water Gas
Full Baths 3
Half Baths 3
Unit Count 3
Building Amenities NONE
Sq Ft Total 3180
AC Units 5+
Basement Amenities Finished,Full
Baths Total Level 1 1.00
Baths Total Level 2 2.00
Baths Total Level 3 2.00
Beds Total Level 1 3
Beds Total Level 2 3
Beds Total Level 3 3
Beds Total 9
Total Baths 5.00

Exterior Features

Exterior Brick
Yard Back,Front
Foundation Poured Concrete
Lot Sq Ft 1933
Building Length 53.00
Building Width 20.00
Property Panorama YN Yes
Lot Size Length 96
Lot Size Width 20
Parking Attrib Built-In Garage

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 11214

Price
AVG $1.75M
$2.09M
Taxes
AVG $12,648
$6,111
Year Built
AVG 1944
2002
Visits
AVG 88
32
Data Provided by Inside Real Estate®

Your Agent

Cary Raffle

Licensed Real Estate Associate Broker

Cell: 917-603-3813

Listed By
Meijuan (Minnie) Lin with Momentum Real Estate LLC
Fair Housing Icon NY Fair Housing Notice