$3,500,000

Estimated payment $23,943/month

Total Views 16,686
-- Bed
-- Bath
8,250 Sq Ft
$424 Price per Sq Ft

Highlights

  • Wood Flooring
  • Heating System Uses Steam
  • 3-minute walk to Newkirk Avenue (2,5 Line)

About This Home

Brooklyn Rogers Avenue & Avenue D PRIME Investment well maintained 3 Story Corner SOLID BRICK Semi Attached FULLY VACANT 10 Family & 2 store -STABILIZED & VACANT! Full basement! Featuring Vacant SEVEN 1 bedroom and THREE 2 bedrooms with living room & EIK! 2 Vacant Store approx. 1,300 sq ft each! New gas boiler! Building size 26.83 ft x 102.5 ft built on footprint. Qualified for Opportunity Zone! Projected Conservatively Projected monthly rent One bed- $ 2,000 a month Two bed $ 2,300 & Each Store $ 3,000 - High traffic & exposure warp around signage & Projected Gross annual income $ 322,800.00 Projected Gross Annual Expense $ 29,325.00 NET Projected Annual income $ 29,3475 = 8% Projected CAP Rate R6 Zoning. Great upside potential for long term or savvy investor- or developers to convert to Full market Condominium (Condo selling for $ 845.00 per sq ft today) or rent out for Affordable Housing! Don't MISS out!! Sold As Is - Great Location- a few moments away from Train, Shopping, Restaurant, bus stop in front and more! High traffic and foot traffic!

Listing Agent

Jean Paul Ho

Brooklyn Real Property Inc. Listed on: 05/21/2024

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $54,683

Year Built

  • Built in 1910

Lot Details

  • 2,750 Sq Ft Lot
  • Lot Dimensions are 102 x 27
  • Property is zoned R6

Parking

  • On-Street Parking

Home Design

  • Mixed Use
  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 8,250 Sq Ft Home
  • 3-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Carpet

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas

Listing and Financial Details

  • Tax Block 5214

Community Details

Overview

  • 10 Units

Building Details

  • 10 Vacant Units
  • Fuel Expense $3,000
  • Insurance Expense $8,000
  • Utility Expense $1,000
  • Gross Income $322,800
  • Net Operating Income $293,475

Property Details

Property Type

Other

Est. Annual Taxes

$54,683

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Basement Amenities: Full
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 2750
  • Building Length: 102.50
  • Building Width: 26.83
  • Co List Office Mls Id: 117350
  • Co List Office Phone: (718) 875-8899
  • Commercial Condo Y N: No
  • Commercial Features Exterior: Sign - Building
  • Commercial Features Interior: Restrooms - Public, Window Display
  • Confirmed By M L S Y N: Yes
  • Cross Street: Corner Rogers
  • Cross Street Name2: Corner Avenue D
  • Heat Delivery: Steam/Radiator
  • Number Of Available Units: 10
  • Number Of Families: 10
  • Parking Attributes: None
  • Parking Feature Single: Street
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Fill Sq Ft Total: 8250
  • Building Stories: 3
  • Street Name I D X: Rogers
  • Street Number I D X: 1193
  • Year Built: 1910
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Carpeting, Hardwood, Other
  • Lot Sq Ft: 2750
  • Walls: Other

Exterior Features

  • Yard: Other
  • Exterior Building Type: Semi-Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 1
  • Roof: Flat

Utilities

  • Electric: Circuit Breakers
  • Heating Fuel: Gas
  • Hot Water: Other

Fee Information

  • Annual Fuel Expense: 3000.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 102
  • Lot Size Width: 27
  • Zoning: R6

Multi Family

  • Annual Gross Expense: 29325.00
  • Annual Gross Income: 322800
  • Insurance Expense: 8000.00
  • Property Net Operating Income: 293475.00
  • Unit Count: 12
  • Annual Utility Expenses: 1000.00

Tax Info

  • Flip Tax Amount: 54683.00

Map

Range of Values:

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Average Value
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List Price
Sold Price
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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
07/13/2025 07/13/25 Price Changed $3,500,000 0.0% $424 / Sq Ft
07/08/2025 07/08/25 Price Changed $3,499,000 +900.0% $424 / Sq Ft
07/08/2025 07/08/25 For Sale $349,900 -91.3% $42 / Sq Ft
08/29/2024 08/29/24 Price Changed $4,000,000 -7.0% $485 / Sq Ft
06/13/2024 06/13/24 Price Changed $4,300,000 +10.3% $521 / Sq Ft
05/21/2024 05/21/24 For Sale $3,900,000 -- $473 / Sq Ft
Source: Brooklyn Board of REALTORS®

Source: Brooklyn Board of REALTORS®

MLS Number: 482274

Brooklyn Board of REALTORS®

APN: 05214-0001