NOT LISTED FOR SALE
9 Beds
5 Baths
-- Sq Ft
1930 Built

Last Sold July 30, 2018

Last sale price $999,000

31 Days on Market

About This Home

As of July 2018

EXCEPTIONAL INVESTMENT OPPORTUNITY: Earn a 7% cap based on 4- free market, sizable apartments set in a semi-detached legal 4-family in prime East Flatbush. This massive property built 22 x 80 on a 26.5 x 100 foot lot, in addition to 4 sprawling apartments offers an open, walk out basement with outdoor access to all tenants. Located just 4 blocks to the 3-train at the Sutter Ave-Rutland Road station at the intersection of Rutland Road and East 98th street, be able to also offer tenants the luxury of convenience with quick access to trains and every desired neighborhood amenity including cleaners, pharmacy, Blink gym, grocers and much more. With a high income grossing unit-mix of 1 (3) bedroom/1 bath, 2 (2) bedroom/1 baths and 1 (1) bedroom/1 bath, each apartment includes original hardwood floors, 9 foot ceilings and an abundance of light with windows abound being semi-detached. Increase the rent roll by a full point to 8% with the addition of a state-of-the-art common laundry room able to comfortably fit 4 machines plus tremendous space left over for a tenant shared storage/bike room (request broker set up sheet)! Boiler and hot water tank both replaced within the last three years. Delivered Vacant! When others look back on fleeting opportunities like this missed, be the investor considered to have been in the know! First Open House Sunday June 3rd 1:30-3!

Last Agent to Sell the Property

Shameika Wade

Compass License #10301210024 Listed on: 05/29/2018

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Home Design

  • Pre War Building

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Bathrooms

Community Details

  • 4 Units
  • East Flatbush Subdivision

Listing and Financial Details

  • Tax Block 4611

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: East Flatbush
  • Architectural Style: Prewar
  • Special Features: None
  • Property Sub Type: MultiFamily

Beds/Baths

  • Bathrooms Integer: 5
  • Bedrooms: 9

Building Info

  • Units: 4
  • Year Built: 1930

Tax Info

  • Tax Block: 4611

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
Not Available
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 List to Sale Price per Sq Ft
07/30/2018 07/30/18 Sold $999,000 +0.2% --
06/30/2018 06/30/18 Pending -- -- --
05/29/2018 05/29/18 For Sale $997,000 -- --
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10049874

Real Estate Board of New York (REBNY)