$850,000

1022 New York Ave Unit MULTI Brooklyn, NY 11203

Flatbush Neighborhood

Estimated payment $5,545/month

Total Views 4,067
12 Beds
6 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

A unique opportunity to own an investment Prime East Flatbush. This six-unit investment property has one vacant unit. Fully occupied the return on this property has six percent cap rate for the owner. The house next is available as well with one vacancy and the same six percent cap rate when fully occupied. Located four short blocks for the 2/5 train on Nostrand Avenue; which is 30 mins to Manhattan.

Listing Agent

Hakim Edwards

Corcoran Group License #30ED1004324 Listed on: 05/13/2025

Corcoran Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1931

Home Design

  • Triplex

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Full Bathrooms

Additional Features

  • 3-Story Property
  • No Cooling

Community Details

  • 6 Units
  • Flatbush Subdivision

Listing and Financial Details

  • Legal Lot and Block 0017 / 04903

Property Details

Home Type

Multi-Family

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Property SubType: Triplex
  • Property Type: Residential
  • Neighborhood: Flatbush
  • Architectural Style: Walk-Up
  • Entry Level: 3
  • Unit Levels: Tri-Level
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Fireplace: No
  • Living Area Units: Square Feet
  • Rooms (Total): 24
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 6
  • Bathrooms Integer: 6
  • Bedrooms: 12

Exterior Features

  • View: No
  • Exterior Features: None, Private Outdoor Space Over 60 Sqft
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building None
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Rental Building

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Units: 6
  • Total Stories: 3
  • Year Built: 1931

Tax Info

  • Tax Block: 04903
  • Tax Lot: 0017

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2025 05/13/25 For Sale $850,000 -- --
Source: Real Estate Board of New York (REBNY)

Similar Homes in the area

  • 1020 New York Ave Unit MULTI, Flatbush, NY 11203

    $720,000

    • 12 Beds
    • 6 Baths
    • 1020 New York Ave
    • Unit MULTI
    • Flatbush, NY

    A unique opportunity to own an investment Prime East Flatbush. This six-unit investment property has one vacant unit. Fully occupied the return on this property has six percent cap rate for the owner. The house next is available as well with one vacancy and the same six percent cap rate when fully occupied. Located four short blocks for the 2/5 train on Church Avenue; which is 30 mins to

    Hakim Edwards Corcoran Group

    Section Image
  • 243 E 51st St, Brooklyn, NY 11203

    $999,999

    • 12 Beds
    • 6 Baths
    • 5,330 Sq Ft
    • 243 E 51st St
    • Brooklyn, NY

    Solid 6-Family Brick Investment Property in East Flatbush, Brooklyn this well-maintained 6-family brick building offers six identical units, each featuring 2 bedrooms and 4 spacious rooms. With a generous lot size of 2,667 sq ft and a total building size of 5,330 sq ft, the property presents a strong opportunity for steady rental income. Conveniently situated near restaurants and public

    Vito Angelo RE/MAX Real Estate Professionals

    Section Image
  • 197 E 52nd St, Brooklyn, NY 11203

    $1,049,000

    • 11 Beds
    • 6 Baths
    • 5,796 Sq Ft
    • 197 E 52nd St
    • Brooklyn, NY

    East Flatbush 6 Family Semi Detached Brick, Excellent Condition, Great Investment, Two Apartments will be delivered Vacant at closing. Actual Rent Roll $6,238 Plus two Vacant Apartments can be rented for $3,250. This property can produce a yearly income over $113,856.

    Turgot Solages Master Plan Real Estate Corp.

    Section Image
  • 2411 Dean St, Brooklyn, NY 11233

    $699,999

    • 10 Beds
    • 3 Baths
    • 2,143 Sq Ft
    • 2411 Dean St
    • Brooklyn, NY

    Deal Fell Through**Prime Investment Opportunity – Back on the Market!****2411 Dean Street: Cleared Lot in Thriving Ocean Hill, Brooklyn**Seize this rare chance to invest in a 2,143 sq. ft. (20’ x 107’) build-ready lot in the heart of vibrant Ocean Hill, Brooklyn, now priced at an unbeatable $699,999. With a motivated seller, this prime parcel offers unmatched potential for

    JoLinda Ruth Cogen REAL BROKER LLC

    Section Image
  • 45 Hinsdale St, Brooklyn, NY 11207

    $949,999

    • 11 Beds
    • 3 Baths
    • 45 Hinsdale St
    • Brooklyn, NY

    LOCATION, LOCATION!! Big 3 Family Houses with 11 Bedrooms 3 Bathrooms, Living room, dining room & Kitchen. Open concept. Open unfinished Basement. Great Investment Property! Great income producer! House sale as-is .2nd and 3er floor tenants occupied. 1er floor will be delivered vacant. Near Transportation. Shopping area and much more!

    Mayra Genao First Priority Realty LLC

    Section Image
  • 33 Furman Ave, Brooklyn, NY 11207

    $899,000

    • 12 Beds
    • 6 Baths
    • 33 Furman Ave
    • Brooklyn, NY

    Unlock exceptional potential with this solid three-story brick building, perfectly positioned for growth! Featuring six well-maintained two-bedroom apartments, this property offers immediate income and long-term value. A full basement with convenient access and a flat roof provide added flexibility. Located mere steps from Broadway Junction, the property benefits from a transformative $500

    Earl Satahoo BHHS Fillmore R.E.

    Section Image
  • 659 Miller Ave, Brooklyn, NY 11207

    $850,000

    • 11 Beds
    • 6 Baths
    • 4,920 Sq Ft
    • 659 Miller Ave
    • Brooklyn, NY

    659 Miller Ave, Brooklyn NY 11207 Up for sale is a 6-unit residential building centrally located in East New York. Coming in at 4,920 Square Footage spread over 3 floors. Building Dimensions: 20.5' X 80' Lot Size: 28 ' X 95 ' Unit mix of 5 two bedroom apartments and 1 one bedroom apartment. One unit is currently vacant, which provides an opportunity for a savvy homebuyer to

    Andrey Kisheyev PRIMEROCK REAL ESTATE GROUP INC

    Section Image
  • 327 Vernon Ave, Brooklyn, NY 11206

    $1,025,000

    • 12 Beds
    • 6 Baths
    • 4,875 Sq Ft
    • 327 Vernon Ave
    • Brooklyn, NY

    LOCATED IN THE VIBRANT NEIGHBORHOOD OF BEDFORD STUYVESANT BROOKLYN. THIS SOLID BRICK 6 FAMILY OFFERS AN EXCEPTIONAL INVESTMENT OPPORTUNITY THIS MULTI UNIT PROPERTY CONSISTS OF 6 SPACIOUS 4 ROOM 2 BEDROOM UNITS WITH A FULL FINISHED BASEMENT. PRIME LOCATION WITH HUGE UPSIDE POTENTIAL FOR INCOME. MAKE OFFER. THIS ONE WILL NOT LAST.

    Michael Santangelo Robert Defalco Realty

    Section Image
  • 174 van Siclen Ave, Cypress Hills, NY 11207

    $947,250

    • 11 Beds
    • 5 Baths
    • 174 van Siclen Ave
    • Cypress Hills, NY

    Potential Cash Cow long-term 3 Family Investment Property Located on the East NY- Cypress Hills/Bushwick borders in Brooklyn. Priced to sell. All tenants are long term occupants, "NO UPDATED LEASES" and all tenants pay rents at around $2,000 per month. (only 2-3 occupants per apartment) Seller's Motivated!!, Additional information: Appearance:Very Good*

    Yogeshwar Singh P K Realty & Associates Inc

    Section Image
See All Homes in Brooklyn

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS20023516

Real Estate Board of New York (REBNY)

New York Kings County Brooklyn 11203 Flatbush

1022 New York Ave Unit MULTI, Brooklyn, NY

This home is located at 1022 New York Ave Unit MULTI, Brooklyn, NY 11203 and is currently priced at $850,000. This property was built in 1931. 1022 New York Ave Unit MULTI is a home located in Kings County with nearby schools including P.S. 181, Middle School 246 Walt Whitman, and East Flatbush Ascend Charter School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Real Estate Board of New York (REBNY) This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

RLS Data display by Homes.com LLC

Nearby Homes
Hakim Edwards
Listing Agent
Hakim Edwards
Section Image
Corcoran Group
(929) 309-1914