$1,800,000 SALE
5,585 SF
538 Bainbridge Street
Brooklyn, NY 11233

Coldwell Banker Reliable Commercial Division is pleased to offer for sale 538 Bainbridge Street, located in the Ocean Hill section of Brooklyn, N.Y. This 6 unit, 3 story walk-up features four 2 bedrooms and two 3 bedrooms. All units are free market. Two vacancies; apartments 2R & 3R. Tenants pay all utilities including heat & hot water. Financial Analysis: $132,864 Rent Roll, $15,941 Expenses, $116,923 Net Income and 6.5% Cap Rate.

Property Type Multi-Family
Year Built 1907
Level Number 3
Lot Dimensions 25.5 x 100
Sub-Lease 6
Zoning R6
Cap Rate Percentage 6.5
Additional MLS 436604
Style Multi-Family (5-20 Units)
Building Size 5,585 SF
Lot Size 2550 SF
Available Date Feb 10th, 2020
Taxes $6,441
Area Description

Region: United States

Region: New York

Region: Brooklyn

Region: Ocean Hill

Property Features
Full Bath: 6
Location Name: Ocean Hill
Fee 1 Type: Est Water/Sewer
Fee 1 Frequency: Annual
Fee 1 Amount: $6,000
Fee 2 Type: Est Insurance $ Yr
Fee 2 Frequency: Annual
Fee 2 Amount: $3,500
Roof: Rubber
Flooring: Hardwood
Area Description: Metropolitan
Appliances: Range / Oven, Refrigerator
Road Type: City / Town Street
Heating - Fuel Type: Gas
Additional Media Area Demographics