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$2,461,515
List Price: $2,499,000
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8710 Third Avenue
Townhouse in Fort Hamilton •  building info
7bd • 5ba • 4,800ft² $521 per ft²
Buy with Yoreevo

$2,461,515

List Price

$2,499,000

Key Details
Days on market
20
Last price change
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Estimated payment
$15,816
Taxes
Monthly maintenance
N/A
Description
Priced to sell at a 5.02% Cap rate! 8710 3rd Ave is a prime Bay Ridge, 6-unit multifamily townhouse, comprised of 5 residential units and 1 commercial unit across 4800 square feet. All units are free market and fully leased. Located just one block from the 86th Street Station. This well-maintained property offers a steady income stream and multiple value-add opportunities. Unit Breakdown 1 X Commercial space 3 X 1 Bedroom & 1 Bathroom 2 X 2 Bedroom & 1 Bathroom Building Information Lot Size 20 X 100 Building Size 20 X 80 Total interior square foot 4800 Upgrades: Hot water heaters and boiler For income and expense breakdown, please reach out. Value-Add Opportunities: Laundry Facility: Basement hook-up already in place for adding laundry services. Storage Cages: Potential to add storage cages in the basement for extra income. Roof Improvement: Opportunity to finish the roof and possibly create additional usable space. All numbers are estimate and will need to be verified

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Important Stuff
Washer/Dryer in unit
Building info

History
What it'll cost
Purchase price
$2,499,000
Asking Price: $2,499,000
Term
30 Years
Down Payment
$249,000 (10%)
Min: 10% (249,000)
Rate
6.75 %
Mortgage Amount
$2,249,100
Mortgage Payment
$14,588
Taxes
$1,228
Estimated Yoreevo rebate
$37,485
Estimated closing cost
$91,000
Total monthly cost $15,816
Buy your dream home with us and get an estimated $37,485 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Listing Courtesy of Douglas Elliman

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