314 Senator Street,Brooklyn, NY 11220
Brooklyn, NY 11220
Description
Rare opportunity to own a multifamily investment property in the highly desirable Bay Ridge neighborhood of Brooklyn. This rent-regulated building will be delivered with five vacant apartments, including four 2-bedroom units and one 1-bedroom unit, giving the next owner the chance to update, lease, and add value from day one.-Bay Ridge continues to be one of Brooklyn's most sought-after neighborhoods because of its strong rental demand, beautiful tree-lined streets, and convenient access to transportation, shopping, dining, and parks. The area attracts tenants looking for a neighborhood feel while still having easy access to Manhattan and other parts of New York City.-Located on a picturesque block lined with classic Brooklyn brownstones, the street is part of an area where the brownstone homes are being considered for historic designation. This proposed designation applies to the brownstone properties and helps preserve the architectural character and charm that make the neighborhood so desirable. The subject property is not a brownstone and is not included in the proposed historic designation.-Commuters will appreciate the nearby subway lines, local and express bus service, NYC Ferry access, the BQE, and the Belt Parkway. Residents can also enjoy Shore Road Park, Owls Head Park, waterfront walking and biking paths, local cafes, restaurants, fitness centers, supermarkets, and a wide variety of neighborhood shops.-Whether you are looking to expand your portfolio, create long-term cash flow, or invest in a property with future upside, this building offers a unique opportunity in one of Brooklyn's most established and desirable communities. Don't miss the chance to own a property with strong potential in a neighborhood known for its charm, convenience, and lasting value.
Details
| MLS # | 1010437 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1922 |
| Days On Site | 81 |
| Listing Provided By | EXP Realty | William A. Jacobs CBR PSA SRES |
Features
| Bed(s) | 11 |
|---|---|
| Bath(s) | 6 Total |
| SQ Feet | 5,400 |
| Basement | Y |
| Units | 6 |
| Acreage | 0.05 |
Interior
| Cooling | Multi Units |
|---|---|
| Heating | Natural Gas |
| Interior Features | First Floor Bedroom, First Floor Full Bath, Eat-in Kitchen |
Exterior
| Construction Materials | Brick |
|---|
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | On Street |
Utilities
| Utilities | Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Trash Collection Public, Water Connected |
|---|---|
| Sewer | Public Sewer |
Taxes
| Tax Year | 2024 |
|---|---|
| Tax Assessed Value | 437400 |
| Tax Annual Amount | 18717 |
Area Information
| State | NY |
|---|---|
| County | Kings (Brooklyn) |
| City | Brooklyn |
| Zip Code | 11220 |
| School District | Fort Hamilton High School |
| Elementary School | Ps 102 Bayview (The) |
| High School | Fort Hamilton High School |
| Listing VS Median (in 11220) | |
Price: $1,900,000 low | high Med: $1,350,000 sqft: 5,400 low | high Med: 5,100 $ / sqft: $352 low | high Med: $265 On site: 81 low | high Med: 138 | |
Market Activity 11220
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| State | NY |
|---|---|
| County | Kings (Brooklyn) |
| City | Brooklyn |
| Zip Code | 11220 |
| School District | Fort Hamilton High School |
| Elementary School | Ps 102 Bayview (The) |
| High School | Fort Hamilton High School |
| Listing VS Median (in 11220) | |
Price: $1,900,000 low | high Med: $1,350,000 sqft: 5,400 low | high Med: 5,100 $ / sqft: $352 low | high Med: $265 On site: 81 low | high Med: 138 | |
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