Property

Ownership: For Sale
Type: Unknown
Bedrooms: Studio
Pets: Pets No
Lot Size: 0.07 Acres

Financials

Price:$1,400,000
Annual Taxes:$23,675.16
578 Driggs Avenue Brooklyn, NY 11211
Listing Courtesy of Coldwell Banker Reliable R E

Description

Prime Bay Ridge Location – 86th Street between 3rd and 4th Avenue This all-brick, six-family building in the highly desired Bay Ridge neighborhood presents an exceptional investment. Featuring five two-bedroom apartments and one one-bedroom apartment, plus a full basement, this property offers flexible living arrangements with consistent rental income potential. The building itself measures 20 x 85 feet, situated on a 20 x 150-foot lot, providing ample space and enhancing its appeal. Bay Ridge’s charm is further highlighted by nearby parks that offer a wealth of outdoor and recreational activities. Just one block from bustling shopping, dining, and entertainment options, this property is ideally located half a block from public transportation, including the R train and multiple bus lines, making commuting a breeze. The property is also conveniently accessible to the Belt Parkway, Brooklyn-Queens Expressway, and Verrazano Bridge, ensuring smooth commutes across the city. Additionally, diverse dining options, shopping centers, grocery stores, and transportation hubs are all within close reach, making this an unbeatable location for tenants and investors alike. This is a good opportunity to own a solid, income-generating asset in one of Bay Ridge’s most vibrant and desirable neighborhoods.

Prime Bay Ridge Location 86th Street between 3rd and 4th Avenue This all brick, six family building in the highly desired Bay Ridge neighborhood presents an exceptional investment.


    Long Island MLS

    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. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

    All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.