36-38 Bay 32 Street, Brooklyn, NY 11214

For Sale

Listed by Hericson Torres with HT Realty USA, LLC.
$2,700,000 USD
  • 12 Baths
  • 10,488 Sqft
  • MultiFamily
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Property Summary for 36-38 Bay 32 Street Español?

Type
MultiFamily
Sub-Type
Condominium
MLS Number
10699219
Year Built
1924
Stories
3
Full Baths
12
Neighborhood
Gravesend
Zip
11214
School District
21

Description for 36-38 Bay 32 Street

Value-Add Opportunity! 12-unit apartment building with 3-1 bedroom, 6-2 bedroom and 3-3 bedroom apartments. All brick, large building 46 feet wide by 76 feet deep (combined), 3 floors plus full basements, 2 parking spaces and high ceilings. Building is 10,488 sf without basements. 2 gas boilers, 4 gas hot water heaters, 14 gas meters and 14 electric meters. Current income is $72,360 yearly. Expenses are approximately $65,568 (includes taxes). No leases, 4 vacant apartments, 1 relative occupied apartment and 1 owner occupied apartment. Real Estate Taxes $35,382 yearly ($17,916 each). Landlord pays for heat, hot water, common space electric/heat and cold water/sewer. Tenants pay for cooking gas and electric. Built 1924. Lot size 60 x 96.67 (5,800.20 sf), R5 zoning. This sale includes (2) 6-unit apartment buildings that are semi-attached to each other, same owner, separate deeds, separate lots. Income Producer! Development Opportunity! Great candidate for a Condo development project. Speak with your architect regarding what can be built. Train (D-line) at Bay Parkway Station, bus and Belt Parkway nearby. Both buildings are Rent Stabilized. The following units will be delivered vacant: Building #36: 2F, 3F, 3R and Building #38: 2F, 3F, 3R. Buy as a package or separate. See MLS # 106992168 & 10699201. Brokered by HT Realty USA, LLC.
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Features for 36-38 Bay 32 Street

Interior Features
  • Flooring: Hardwood
  • Basement
Exterior Finish
  • Brick, Masonry
Listing provided by NY State MLS
Copyright © 2021 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Listed by:

Hericson Torres

HT Realty USA, LLC.

Demographics in 11214top

Population

Total population 92,946
Male population 45,577
Female population 47,369
Median age 39.60

Households

Total households 31,933
Average people per household 2.88

Housing

Total housing units 33,770
Owner occupied 10,629
Renter occupied 21,304
Median year built 1944

Income

Median household income 54,041
Average household income 74,409

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Disclaimer


Demographic data shown in this section was gathered from the 2018 American Community Survey and is deemed reliable but is not guaranteed.
No representation, guarantee or warranty is made as to the accuracy or completeness of information modified or aggregated for specific neighborhoods and/or zip codes.

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