$1,399,000

This newly-listed two-family home in Bay Ridge is located on 73rd Street between 4th and 5th Avenues. The property contains two rental units, one each on the first and second floors, which will both be delivered vacant. The first-floor apartment features five rooms plus a full bathroom: a living room, dining room, two bedrooms in a railroad-style layout, and a kitchen off to the side. There's also direct access to the backyard through a door from the kitchen. The semi-finished basement can be reached both from outside the front yard and inside the first-floor unit. The heating system is fueled by oil, has recently been updated, and currently works without any issues. There is space for a laundry area in the basement as well. The second-floor unit comprises six rooms plus a full bathroom - three bedrooms, a living room, dining room, and kitchen. The roof was repaired recently. Annual property taxes are $7,600, and insurance costs $2,780 per year. Close to everything such as schools, supermarkets, doctors' offices, restaurants, parks and recreation and everything else conveniently located along 5th or 3rd Avenues. The R train is located just a minute away. Located in a highly desirable neighborhood, this property is a prime opportunity for investors or those seeking a new home. Consider making this sought-after listing your next investment or residence today.