$1,050,000

Estimated payment $6,648/month

Total Views 1,020
7 Beds
6 Baths
3,520 Sq Ft
$298 Price per Sq Ft

Highlights

  • Wood Flooring
  • Heating System Uses Steam
  • Back Yard

About This Home

Prime investment opportunity—this semi-detached brick four-family property, zoned R6, is a true income-producing asset offering a substantial 20 x 80’ building with over 3,500 square feet of living space. Featuring a full finished basement with a separate front entrance, this well-maintained property provides added flexibility and potential for future enhancement consistent with R6 zoning. The layout includes three spacious two-bedroom apartments and one well-proportioned one-bedroom apartment, all currently leased, delivering immediate and steady rental income. A shared driveway and private yard further enhance tenant appeal. Ideally situated near the 3 train and convenient bus lines including the B15, B47, and B46, and just moments from the shops, restaurants, and fitness centers along East 98th Street, Cortelyou Road, and Utica Avenue, this is an exceptional opportunity for investors seeking strong cash flow with long-term growth potential.

Listing Agent

Pierre Louis

Century 21 Homefront Realty Listed on: 03/05/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,505

Year Built

  • Built in 1930

Lot Details

  • 2,650 Sq Ft Lot
  • Lot Dimensions are 100 x 27
  • Back Yard

Parking

  • Shared Driveway

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 3,520 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Stove

Bedrooms and Bathrooms

  • 7 Bedrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 4612

Community Details

Overview

  • 4 Units

Building Details

  • Fuel Expense $4,000
  • Insurance Expense $5,500
  • Utility Expense $2,100
  • Gross Income $72,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,505

Year Built

Built in 1930

Lot Details

2,650 Sq Ft Lot

Listing Details

  • Basement Amenities: Full, Walk-in
  • Total Bathrooms: 6.00
  • Borough: Brooklyn
  • Building Length: 80.00
  • Building Width: 22.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Rutland Rd
  • Cross Street Name2: Winthrop St
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Steam/Radiator
  • Number Of Families: 4
  • Parking Attributes: Other
  • Parking Feature Single: Shared Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Refrigerator, Stove
  • Fill Sq Ft Total: 3520
  • Building Stories: 2
  • Street Name I D X: 93rd
  • Year Built: 1930
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 4
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 7
  • Flooring: Hardwood
  • Lot Sq Ft: 2650

Exterior Features

  • Yard: Back
  • Exterior Building Type: Semi-Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 62
  • Roof: Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: Circuit Breakers
  • Heating Fuel: Gas
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 4000.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 27
  • Zoning: R6

Rental Info

  • Rent Income: 72000

Multi Family

  • Annual Gross Expense: 26305.00
  • Annual Gross Income: 72000
  • Insurance Expense: 5500.00
  • Unit Count: 4
  • Annual Utility Expenses: 2100.00

Tax Info

  • Flip Tax Amount: 12505.00

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $11,695 $210,600 $15,300 $195,300
2024 $11,695 $263,520 $15,300 $248,220
2023 $11,184 $219,600 $15,300 $204,300
2022 $10,328 $183,150 $15,300 $167,850
2021 $10,295 $167,310 $15,300 $152,010
2019 $9,075 $135,540 $15,300 $120,240
2018 $8,920 $70,129 $9,499 $60,630
2017 $8,259 $64,935 $9,900 $55,035
2016 $8,323 $64,560 $12,332 $52,228
2015 $5,032 $59,778 $13,733 $46,045
2014 $5,032 $55,350 $15,300 $40,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/05/2026 03/05/26 For Sale $1,050,000 -- $298 / Sq Ft
Source: Brooklyn Board of REALTORS®

Source: Brooklyn Board of REALTORS®

MLS Number: 499305

Brooklyn Board of REALTORS®

APN: 04612-0062

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