86 Baltic St

Located in the Columbia Street Waterfront District, across from Columbia Street Waterfront Park which just broke ground, offered is a corner 3 family brick townhouse having 3 exposures, Hudson River & city views, 2 car private driveway, and air rights! The garden level is configured as a 2 bedroom apartment having a separate entrance, a south facing living room, interior stairs to the finished basement, and access to the rear yard (that can be accessed from Columbia Street) having exterior stairs to the basement. The 2nd floor is a 2 bedroom apartment having a south facing living room. The 3rd floor is a 3 bedroom apartment having a south facing bedroom & living room. All 3 apartments are sub-metered for heat, hot water, gas and electric; moreover, each is equipped with a washer/dryer combo. Hardwood floors and high ceilings throughout. North, south, and west exposures. Projected annual income $106,800+/-. Annual expenses $8,217+/-. Five (5%) percent cap rate. 1,676+/- square feet of available air rights remaining. School District 15, Public School # 29. Five minutes from Brooklyn Bridge Park. Convenient to shops and restaurants on Atlantic, Court and Smith Streets. Take the B61 bus at Baltic & Columbia Streets to Smith & Livingston St, then walk one block to Fulton Street for the A, C, F, and R trains. Or take the B61 bus from Columbia & Kane Streets to Smith & Livingston Streets, then walk 4 blocks to Joralemon & Court Streets for the 2, 3, 4 5 and R trains.