1193 Rogers Ave Brooklyn, NY 11226
Flatbush NeighborhoodEstimated payment $23,943/month
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!
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
Map
Home Values in the Area
Average Home Value in this Area
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®
MLS Number: 482274

APN: 05214-0001
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