1365 Dekalb Ave Brooklyn, NY 11221
Bushwick NeighborhoodEstimated payment $5,650/month
About This Home
Semi-attached six-unit building Located in prime Bushwick Total building size: 4,500 sq ft Lot dimensions: 25 x 90.5 (2,263 sq ft) Actual gross annual income: $94,557.72 Units: 1R: Section 8 tenant 2R: Rent paid through HRA since 2023 (2 year lease) 3R: Free-market unit (month-to-month) 1L, 2L, 3L: Rent-stabilized units Free market unit is fully renovated, including a new dishwasher and washer/dryer. 2A Tax Class: Capped annual tax increases 5.85 Actual cap rate. 7.05 Potential cap rate. Steps away from the L and M trains.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1931
Lot Details
- 2,263 Sq Ft Lot
Interior Spaces
- 6 Full Bathrooms
- 4,500 Sq Ft Home
- 3-Story Property
Community Details
- Bushwick Community
Map
Home Values in the Area
Average Home Value in this Area
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 | $8,530 | $477,900 | $30,600 | $447,300 |
| 2024 | $8,530 | $499,050 | $30,600 | $468,450 |
| 2023 | $7,801 | $441,450 | $30,600 | $410,850 |
| 2022 | $6,650 | $434,250 | $4,500 | $429,750 |
| 2021 | $6,158 | $391,950 | $4,500 | $387,450 |
| 2020 | $4,505 | $408,150 | $4,500 | $403,650 |
| 2019 | $5,631 | $340,200 | $4,500 | $335,700 |
| 2018 | $5,727 | $45,030 | $715 | $44,315 |
| 2017 | $5,304 | $41,700 | $701 | $40,999 |
| 2016 | $4,978 | $38,612 | $811 | $37,801 |
| 2015 | $3,232 | $38,612 | $972 | $37,640 |
| 2014 | $3,232 | $37,386 | $1,129 | $36,257 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/01/2025 07/01/25 | Price Changed | $950,000 | 0.0% | $211 / Sq Ft |
| 07/01/2025 07/01/25 | For Sale | $950,000 | -4.9% | $211 / Sq Ft |
| 06/03/2025 06/03/25 | Off Market | $999,000 | -- | -- |
| 03/10/2025 03/10/25 | Price Changed | $999,000 | -4.9% | $222 / Sq Ft |
| 12/12/2024 12/12/24 | For Sale | $1,050,000 | -- | $233 / Sq Ft |
Source: NY State MLS
MLS Number: 11392800
APN: 03234-0047
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