2062 Bath Avenue, Brooklyn, New York 11214

$1,999,000
6
BD
7
BA
2,850
SqFt

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List Price
$1,999,000
Status
ACTIVE
Days on Market
32
MLS#
503934
Year Built
1920
Bedrooms
6
Bathrooms
7
Full Baths
7
Living Area
2,850
Lot Size
1,375
MLS Area Major
Bath Beach

Property Description

Excellent investment opportunity at 2062 Bath Avenue! This fully renovated 3-family brick home features 3 stories plus a finished basement, with approximately 1,000 sq. ft. per floor. Each unit offers 3 bedrooms and 2 full bathrooms, plus an additional full bathroom in the basement. Completely renovated in 2025 with new plumbing, electrical and gas lines, windows, roof, kitchens, bathrooms, and flooring. Features split heating and cooling systems, 3 separate heating systems, 3 hot water heaters, 4 electric meters, and 3 gas meters. Tenants pay their own utilities. Currently generating $11,300 monthly and $135,600 annually, with approximately $14,400 in annual expenses and an estimated net income of $121,200. Annual property tax is $8,403. Conveniently located near the D train and 86th Street shopping. Great investment opportunity!

Additional Information

Taxes
$8,300
Financing
1031 Exchange, Bank Mortgage, Cash
Zoning
R5
Flooring
Hardwood, Tile
Heating
Gas
Exterior Features
Brick
Stories
3
Roof
Flat
Foundation
Poured Concrete

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Calculator source: Real Geeks

Courtesy Of RE/MAX Edge