Seller's Agent in 2025
Taylor Bos
Douglas Elliman Real Estate
(212) 350-8500
1 in this area
6 Total Sales
Estimated Value: $2,098,985
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
Last Agent to Sell the Property
Douglas Elliman Real Estate License #10401335350 Listed on: 09/06/2024
Last Buyer's Agent
Direct Deal Listing
Direct Deal License #A
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| The Twins Realty Group Llc | $2,024,375 | -- | |
| The Twins Realty Group Llc | $2,024,375 | -- | |
| Abk Memas Holdings Llc | -- | -- | |
| Abk Memas Holdings Llc | -- | -- |
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/27/2025 02/27/25 | Price Changed | $2,050,000 | 0.0% | $427 / Sq Ft |
| 02/19/2025 02/19/25 | Sold | $2,050,000 | -18.0% | $427 / Sq Ft |
| 11/11/2024 11/11/24 | Pending | -- | -- | -- |
| 09/06/2024 09/06/24 | For Sale | $2,499,000 | -- | $521 / Sq Ft |
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $14,734 | $539,550 | $13,050 | $526,500 |
| 2024 | $14,734 | $466,650 | $13,050 | $453,600 |
| 2023 | $13,387 | $433,350 | $13,050 | $420,300 |
| 2022 | $12,396 | $541,800 | $13,050 | $528,750 |
| 2021 | $12,396 | $637,650 | $13,050 | $624,600 |
| 2020 | $12,212 | $674,100 | $13,050 | $661,050 |
| 2019 | $11,434 | $561,600 | $13,050 | $548,550 |
| 2018 | $0 | $83,946 | $2,341 | $81,605 |
Seller's Agent in 2025
Taylor Bos
Douglas Elliman Real Estate
(212) 350-8500
1 in this area
6 Total Sales
Seller Co-Listing Agent in 2025
Michael Lorber
Douglas Elliman Real Estate
(212) 418-2049
1 in this area
78 Total Sales
Seller Co-Listing Agent in 2025
Alexander Boriskin
Douglas Elliman Real Estate
(631) 537-5900
1 in this area
99 Total Sales
D
Buyer's Agent in 2025
Direct Deal Listing
Direct Deal
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS11007293
APN: 06048-0034
Ask me questions while you tour the home.